You are here

Beauty World Plaza's second en bloc try ends with no takers

Mixed-use development now in 10-week private treaty period; owners keeping reserve price at S$165 million

BT_20190719_NCBWP19_3839460.jpg
The complex, with 61 retail and 30 residential units, is next to Beauty World MRT station. There is in-principle approval for the redevelopment of the residential part to serviced apartments.

Singapore

BEAUTY World Plaza's second en bloc attempt at an unchanged reserve price of S$165 million failed to draw any takers.

Its collective sale tender, launched on June 17, closed on Wednesday without a single bid. The first launch was in late November last year.

The 24,...

sentifi.com

Market voices on: