22 Jan '14, 10am

Katong hotel site draws surprise top bid of $352.8 million, S'pore Property News, S'pore Property Guides & Articles

Katong hotel site draws surprise top bid of $352.8 million, S'pore Property News, S'pore Property Guides & Articles

The building housing the old Joo Chiat police station is likely to be turned into a hotel and a mall. Developers will have to conserve it. -- ST FILE PHOTO THE building that housed the old Joo Chiat police station is likely to be turned into a hotel and a mall following a spirited bidding war between eight developers. The 99-year leasehold plot fetched an unexpectedly high top offer of $352.8 million yesterday - about 30 per cent more than the market had tipped. The site's prime location at the junction of East Coast and Joo Chiat roads was clearly a draw, consultants said, adding that developers see brighter prospects in building hotels rather than homes. Foodies may know the site: It is now occupied by Katong Village, a collection of food and entertainment outlets. They were told by the Singapore Land Authority in November that they had around three months to move out. T...

Full article: http://www.stproperty.sg/articles-property/singapore-prop...

Tweets

Geylang reserve list site draws $146m top bid, Singapore Property News, Singapore Property Guides & Articles

Geylang reserve list site draws $146m top bid, ...

stproperty.sg 25 Jan '14, 4am

A SMALLISH plot at Geylang East Avenue 1 has drawn keen interest - 16 developers bid - and reeled in a top bid of $145.9 m...

Reduce rental costs to help local economy, Sing...

stproperty.sg 22 Jan '14, 5am

The Hillford , a 281-unit retirement resort on Jalan Jurong Kechil, sold out within five hours at last Friday's launch. Bu...

52 strata office units at ARC 380 sold, Singapore Property News, Singapore Property Guides & Articles - STProperty

52 strata office units at ARC 380 sold, Singapo...

stproperty.sg 22 Jan '14, 7am

Going fast: Two office floors were picked up during a VIP preview last Thursday - one at $22.6 million and the other at $2...

S'pore scores in efforts to improve home affordability:

S'pore scores in efforts to improve home afford...

stproperty.sg 22 Jan '14, 2pm

The survey rated Singapore's home affordability at 5.1 in the third quarter of 2013. A multiple of 5.1 or more is "severel...

The Arcade at Collyer Quay for sale at $900m | ...

commercialguru.com.sg 23 Jan '14, 5pm

Jan 23, 2014 - CommercialGuru.com.sg E-mail to friend Bookmark & Share The 20-storey commercial development, The Arcade (p...

Portugal project to tempt buyers - Property Auc...

propertyguru.com.sg 22 Jan '14, 1am

Comment E-mail to friend Bookmark & Share EXCLUSIVE: Singapore investors will get one of the first opportunities to learn ...

GCB in East Sussex Lane sold for $22.5m, Singap...

stproperty.sg 20 Jan '14, 10am

MARKET watchers are hopeful that activity in the Good Class Bungalow Areas will pick up from the second quarter following ...

Gd Sun morng :) Finding it hard to keep up with...

stproperty.sg 19 Jan '14, 2am

Whether you are a buyer, seller or agent, we have property news and resources from our affiliates at the Straits Times, Bu...

Household debt '2.1 times income', Singapore Property News, Singapore Property Guides & Articles - STProperty

Household debt '2.1 times income', Singapore Pr...

stproperty.sg 19 Jan '14, 4am

ONE in five borrowers have repayments of between 40 per cent and 60 per cent of their monthly income, according to the Mon...

Home prices 'may fall up to 10%' in 2014, Singapore Property News, Singapore Property Guides & Articles - STProperty

Home prices 'may fall up to 10%' in 2014, Singa...

stproperty.sg 01 Feb '14, 8pm

RESIDENTIAL property prices in Singapore could fall up to 10 per cent across the board this year, an industry expert said....

Thrilled to have you! We're now featured by @Ta...

tablethotels.com 25 Jan '14, 2pm

The thing about a lot of the classic big-city luxury hotels is that they were designed for another era, when lobbies were ...

S$226m bid for Canberra EC site #PR

propertyguru.com.sg 28 Jan '14, 9pm

Comment E-mail to friend Bookmark & Share The Housing Development Board (HDB) has revealed the provisional winning bid for...

Office space prices saw a slight increase of 0....

commercialguru.com.sg 24 Jan '14, 10am

Jan 24, 2014 - CommercialGuru.com.sg E-mail to friend Bookmark & Share Office space prices saw a slight increase of 0.5 pe...

Staycation at Village Hotel Katong

Staycation at Village Hotel Katong

misstamchiak.com 18 Jan '14, 1am

Village Hotel Katong is also one of the few hotels located in the eastern region of Singapore. The best thing about having...