Horizon Towers gives collective sale another shot; Tanah Merah Mansion launches collective sale
Singapore
OWNERS at Horizon Towers seem to have made nailing an en bloc deal a new year's resolution, as they relaunched their collective sale tender on Wednesday at the same S$1.1 billion reserve price as before.
The 211-unit Leonie Hill development's first tender closed in September without a single bid. That tender was first launched in July. Its closing date was then extended by over a month because of cooling measures to the private housing market that came into effect just days after the tender period began.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Singapore office rents in central region fall 1.7 per cent in Q1 after rising for 9 quarters
Singapore retail rents slip 0.4% in Q1 as vacancy rates creep up
Country Garden plans to present debt revamp plan in H2, sources say
Hong Kong home prices rise for first time in 11 months after curbs scrapped
HDB resale prices accelerate, rising 1.8% in Q1 on stronger demand
Private home prices ease to 1.4% rise in Q1; rents fall a further 1.9%