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Latest news

En bloc sales keep growing steadily in Singapore

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July 24, 2018, 10:41 AM GMT + 7
  • In Sunset Way, Singapore, the Brookvale Park condominium was launched for sale for a minimum price of US $398.4 million.
  • There were about 26 collective sales worth US $6 billion in Singapore so far as mid-December 2017.

Located in Sunset Way, the 160-unit Brookvale Park condominium which has a 999-year leasehold tenure was launched for sale by tender for a minimum price of US $398.4 million. Meanwhile, Gaw Capital Partners completed the US $257.1 million acquisition of PoMo, a nine-storey block in Selegie Road with a 99-year leasehold tenure starting from 1983, consisting of retail and office spaces in a total GFA of 21,832sqm.

 Brookvale Park condominium

 Brookvale Park condominium 

In Meyer Road, the freehold residences of Casa Meyfort which includes 76 apartments with a total land area of 8,000sqm was put up for sale en bloc with a reserve price of US $255.6 million. There were about 26 collective sales worth US $6 billion were reported in Singapore so far as mid-December 2017, a steep jump compared with three deals worth US $751.7 million in 2016.

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