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collective sale

Hiap Hoe's Orchard Towers en bloc sale failed - THE EDGE SINGAPORE

Company in the news

Hiap Hoe's Orchard Towers en bloc sale failed

The en bloc sale of Orchard Towers was not successful. Hiap Hoe owns 59 strata units in the property.

Property

Will Tulip Garden mark the return of billion-dollar deals in the Singapore property market?

SINGAPORE (Apr 13): The collective sale for Tulip Garden received the top bid from Asia Radiant – a joint venture (JV) between Yanlord and Hongkong Land Holdings’ MCL Land – of $907 million, representing about 20% premium to the owners’ asking pri

Property

Yanlord-Hongkong Land JV wins Tulip Garden en bloc sale with $907 mil bid

SINGAPORE (Apr 12): Asia Radiant, a joint venture entity between Yanlord Land Group and Hongkong Land Holdings’ MCL Land, has won the tender for the en bloc sale of Tulip Garden with a bid of $906.9 million.

Property

Tiong Seng-Ocean Sky JV acquires Cairnhill Heights for $72.6 mil in en bloc sale

SINGAPORE (Apr 2): TSky Development is acquiring Cairnhill Heights in a collective sale for $72.6 million.

Property

Bukit Sembawang acquires Katong Park Towers for $345 mil in en bloc sale

SINGAPORE (Mar 16): Bukit Sembawang Estates' subsidiary BSEL Development has submitted the winning bid of $345 million Katong Park Towers.

Property

APAC Realty appointed marketing agent for Nicon Garden en bloc sale

SINGAPORE (Mar 5): APAC Realty announced that its wholly-owned subsidiary, ERA Realty Network, has been appointed as the marketing agent for the collective sale of Nicon Garden.

Property

SingHaiyi scoops up Park West condo in en bloc sale for $841 mil

SINGAPORE (Jan 11): SingHaiyi Group’s joint-venture firm, SingHaiyi Gold, is acquiring Park West condominium along Jalan Lempeng in Clementi in a collective purchase at a price of $840.9 million.

Singapore economy

Realty check

SINGAPORE (Dec 4): Michael Tan has been working hard over the last few weeks to get a collective sale of Leonie Gardens off the ground. He is part of the collective sale committee formed at end-September that is in the midst of preparing for the next extr

In print this week

Property prices tick up but developers may face difficulty raising prices by much

SINGAPORE (Nov 13): Amber Park, a 31-year-old freehold condominium in east Singapore, was snapped up at an eye-watering $906.7 million in a collective sale early last month. Real estate industry commentators have now begun to herald in earnest the return
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