25 Oct '17, 3am

Two prime freehold sites up for sale for a total of $477m

Aerial view of 67 Cairnhill Road and Cairnhill Mansions. (Photo: CBRE) Two prime freehold sites in District 9 that are among the few remaining sizeable plots available in Cairnhill Road have been launched for sale by exclusive marketing agent CBRE on Tuesday (24 October). These comprise a 19,800 sq ft plot in 67 Cairnhill Road and a 43,103 sq ft site in 69 Cairnhill Road known as Cairnhill Mansions, which has a guide price of $115 million and $362 million respectively. This works out to $2,225 psf per plot ratio and $2,101 psf per plot ratio. “The total quantum of both sites is less than $500 million, which makes it extremely palatable in the current market. This is a premium location with no comparable competing sites currently available,” said CBRE’s Director for Capital Markets Galven Tan. No development charge is payable for Cairnhill Mansions, while the successful buy...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

Tweets

A look back at affordability

propertyguru.com.sg 26 Oct '17, 10am

Crystal Tower relaunched for collective sale at lower price Crystal Tower, a freehold residential site at Ewe Boon Road, h...

Freehold property vs leasehold property: Which is better? #livinglarge

Freehold property vs leasehold property: Which ...

propertyguru.com.sg 27 Oct '17, 6am

Tenants are not concerned about the tenure of their rental property. They are more concerned about its location and surrou...

Crystal Tower in Bukit Timah up for sale again ...

propertyguru.com.sg 26 Oct '17, 12pm

Built in the 1970s, the 28-unit Crystal Tower is now going for $138 million. (Photo: Edmund Tie) Crystal Tower, a freehold...

Chong Kuo and Cuscaden Road sites released for ...

propertyguru.com.sg 31 Oct '17, 9am

Aerial view of the residential site at Chong Kuo Road off Sembawang Road. (Photo: URA) Two residential sites at Chong Kuo ...

Bukit Timah sites gain traction in collective sale market

Bukit Timah sites gain traction in collective s...

iproperty.com.sg 29 Oct '17, 1pm

Just when one site is sold en bloc, another goes on sale. All in the prime districts 10 and 11 where Bukit Timah sits. Duk...

[Singapore] Former Zouk site up for sale with $...

propertyguru.com.sg 23 Oct '17, 9am

Aerial view of the land parcel at Jiak Kim Street.(Photo: URA) The site previously occupied by iconic nightclub Zouk has b...