30 Jul '17, 3pm

Former HUDC estate Serangoon Ville sold en bloc for $499 million

Former HUDC estate Serangoon Ville sold en bloc for $499 million

in Serangoon North Avenue 1 has been sold to an Oxley Holdings-led consortium for $499 million, as collective sale fever grows even hotter. The price is well above the $400 million to $430 million the owners had been expecting when the property was put on the market last month. The sale marks the sixth collective deal so far this year - already double the three deals in all of last year and is the third former HUDC project to succeed in the collective sale market this year. The buyer, joint venture firm Oxley Serangoon, comprises partners including Oxley Holdings, Lian Beng Group, Apricot Capital and entities of KSH Holdings and Heeton Holdings. The consortium also has to pay $195 million in estimated charges to top up the lease to 99 years and intensify the land use. The additional charges and purchase price work out to a land rate of $835 per sq ft per plot ratio, noted ...

Full article: https://www.srx.com.sg/singapore-property-news/39282/form...

Tweets

Serangoon Ville sold en bloc, each owner to get...

propertyguru.com.sg 28 Jul '17, 1am

The former HUDC estate was purchased for $499 million by a consortium led by Oxley Holdings. The former HUDC estate Serang...

Serangoon Ville sold en bloc, each owner to get...

propertyguru.com.sg 27 Jul '17, 3am

The former HUDC estate was purchased for $499 million by a consortium led by Oxley Holdings. The former HUDC estate Serang...

#Singapore #property #market watch: Is there an #enbloc fever?

#Singapore #property #market watch: Is there an...

straitstimes.com 02 Aug '17, 1am

En bloc fever is getting even hotter with privatised HUDC estate Florence Regency in Hougang likely to be put up for colle...

Sold! Why Understanding Home Energy Performance Will Become a Key to Real Estate Success - Rocky Mountain Institute

Sold! Why Understanding Home Energy Performance...

rmi.org 29 Jul '17, 10pm

Sold! Why Understanding Home Energy Performance Will Become a Key to Real Estate Success February 8, 2017 | By Douglas Mil...

Lakepoint condo eyeing en bloc sale, site bigge...

propertyguru.com.sg 25 Jul '17, 10pm

View of the Lakepoint condominium at Lakepoint Drive. (Photo: Jianwei Huang) Owners of the ageing Lakepoint condominium ne...

@vitaamiins

domainingtips.com 03 Aug '17, 6pm

SS.com the domain that has been on everyone’s wish list has finally been sold to the team at Geaney.com for US$1.25 millio...

No more print Yellow Pages from 2018; company to retrench staff, focus on real estate

No more print Yellow Pages from 2018; company t...

straitstimes.com 01 Aug '17, 4am

SINGAPORE - Global Yellow Pages (GYP) announced on Tuesday (Aug 1) that it will restructure to focus on real estate as its...

Road to 1 Million - The Domain Game - NameBio

Road to 1 Million - The Domain Game - NameBio

namebio.com 01 Aug '17, 12pm

Launched in the Spring of 2016, The Domain Game is closing in on a major milestone... ONE MILLION questions played! To cel...

Serangoon North Avenue site awarded

propertyguru.com.sg 03 Aug '17, 3am

The tender for a 17,189.1 sq m residential site at Serangoon North Avenue 1 was awarded to Corson and Wingjoy Investment, ...

Dunearn Court put up for en bloc sale

propertyguru.com.sg 26 Jul '17, 10pm

The guide price for the freehold site is $38.8 million, or about $1,443 psf per plot ratio. (Photo: Knight Frank) A 12-uni...

Top sale of the day goes to @SEDO - cryptoticke...

namebio.com 31 Jul '17, 1pm

which sold for $5,000 at Sedo. NameBio recorded 158 sales for a total of $61,745 with an average sale price of $391. Compa...

Top sale of the day goes to @GoDaddy - celebrit...

namebio.com 30 Jul '17, 1pm

which sold for $7,699 at GoDaddy. NameBio recorded 181 sales for a total of $87,093 with an average sale price of $481. Co...

Former Singapore International Film Festival di...

straitstimes.com 31 Jul '17, 12pm

SINGAPORE - Mrs Lesley Ho, a former festival director of the Singapore International Film Festival, has died. The Australi...

Second Zika Cluster Reported At Serangoon North...

nea.gov.sg 04 Aug '17, 12pm

NEA urges members of the community to remain vigilant as asymptomatic cases could fuel transmission of virus Singapore, 4 ...