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Tag Archives: bloc

Gilstead Court relaunched for en bloc sale as owners decide on cutting reserve price

Tue, Jan 29, 2019 – 1:04 PM FREEHOLD Gilstead Court in the Novena-Newton enclave has been relaunched for sale by tender, marketing agent JLL said on Tuesday. “Following the announcement of the July 2018 market cooling measures, and the Urban Redevelopment Authority’s revised maximum allowable dwelling units in non-landed residential developments which affects Gilstead Court, the Collective Sale Committee (CSC) ...

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Flynn Park, Choon Kim House have second go at en bloc sale

Sat, Jan 05, 2019 – 5:50 AM Singapore The freehold 72-unit Flynn Park, off Pasir Panjang Road, has a minimum price of S$ 363.8 million. Following the July cooling measures, owners have been collecting signatures to get an 80 per cent mandate to lower the reserve price to S$ 325 million; they are at 75 per cent now. After factoring ...

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Flynn Park, Choon Kim House relaunch en bloc tenders

Fri, Jan 04, 2019 – 11:22 AM JLL continued its flurry of collective sale tender relaunches on Friday, this time with Flynn Park and Choon Kim House, which are either seeking to or have lowered their reserve prices. The freehold 72-unit Flynn Park, which is off Pasir Panjang Road, has a minimum price of S$ 363.8 million. Following the July cooling ...

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Private rental market may be held up by en bloc sellers, lower supply

Singapore THE outlook for the private residential leasing market looks promising in 2019, with rent and occupancy rates likely to improve as supply eases and demand continues to be supported by displaced owners. According to data from the Urban Redevelopment Authority (URA), a total of 10,119 private residential units are slated for completion in 2019, higher than the 7,898 units ...

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