A GLS residential site in Ang Mo Kio drew the top bid from Wheelock Properties at $500 million which is on the high end of analysts’ expectation.
The 99 year leasehold, Victoria Street Wholesale Centre Site with area of about 86,111 sq ft was triggered for tender sale.
The off Orchard Road freehold condo, Chateau Eliza was sold for $92.2 million in the enbloc sale. Each sellers are expected to receive from about $2 million to slight above $6 million.
A 99 year leasehold mixed-use site from the reserve list of the Government land sale scheme near to the Potong Pasir MRT station received 8 bids for the tender sale.
One of the largest enbloc sale was clinched by Thomson View Condo along Upper Thomson Road which has found a buyer at $590 million.
Two interesting reserve list land sites are for tender sales as both received a bid that met the minimum sum acceptable to the government.
A government reserve list land site with 99-year leasehold tenure at Farrer Road location in district 10 had garnered 15 bidders for its land tender sales.
The government land site at Bright Hill Drive in the Upper Thomson district was sold at an attractive bid of $291.5 million. The demand seems to be robust as analysts were expecting a lower price.
A developer has placed a bid of $148.7 mil for a 0.84ha hotel site at the junction of Jalan Sultan and Victoria Street which is near to Lavender MRT station.
Prince Charles Crescent reserve site is triggered for tender sale as a developer has placed a bid of at least $390 million. This is a 2.38ha residential site within walking distance to the Redhill MRT station.
The family business belonging to the Kalwani family is putting up some of its land parcels for sale as part of divestment to consolidate a portfolio of properties acquired over the years.
A developer has triggered a public tender sale for a Reserve List land parcel for residential development in Farrer Road by offering a minimum bid of $28.89 million.
There are 2 plots of private land parcels available for collective sales which are suitable for redevelopment into low density landed and strata housing.
A 88,265 sq ft mixed used reserved site in Tai Thong Crescent was up for public tender sale after URA received an acceptable minimum trigger bid of at least $154.5 million for the plot by a developer.
A Boon Lay Way residential site within walking distance to Jurong East MRT station was sold in a tender sales that received bids from 12 developers.
A sizable 230,915 sq ft of freehold private land site at 63, Hillview Ave which can potentially yield 10-storey high residential development is for sale.