Results 1 to 2 of 2

Thread: Successful en bloc sales now spread out geographically over Singapore

  1. #1
    Join Date
    Feb 2007
    Posts
    366

    Default Successful en bloc sales now spread out geographically over Singapore

    Successful en bloc sales now spread out geographically over Singapore

    By Loh Kim Chin, Channel NewsAsia | Posted: 19 March 2007 2021 hrs


    SINGAPORE : Successful en bloc sales are now more spread out geographically over Singapore instead of being concentrated in the prime districts.

    According to property consultant Knight Frank, the first three months of the year saw 18 collective sales being sealed.

    Out of these, at least seven were in areas not traditionally known as hot beds for en bloc sales.

    They include Hong Leong Garden in the west, Flamingo Valley in the east and Green Meadows to the north.

    When these 18 sites are redeveloped, they will yield a total gross floor area of at least 6.3 million square feet or around 5,280 apartments of 1,200 square feet each.

    During the first quarter, developers paid S$2.7 billion to acquire redevelopment sites.

    This was twice what they spent in the same period last year.

    If development charges and lease upgrading premiums were added, the amount was over S$3 billion. - CNA/ms

  2. #2
    Unregistered Guest

    Thumbs up Re: Successful en bloc sales now spread out geographically over Singapore

    Please enbloc Singapore!

Similar Threads

  1. Billion-dollar en bloc sites: the flops, the dogged and the successful
    By reporter2 in forum En Bloc Discussion and News
    Replies: 0
    -: 10-12-21, 09:31
  2. Singapore ‘En-Bloc’ Sales Collapse After Latest Property Curbs
    By reporter2 in forum En Bloc Discussion and News
    Replies: 2
    -: 16-10-18, 19:06
  3. Two successful launches help revive new-home sales in March
    By reporter2 in forum Singapore Private Condominium Property Discussion and News
    Replies: 1
    -: 17-04-16, 00:25
  4. Successful launches lead to jump in developer sales in March
    By reporter2 in forum Singapore Private Condominium Property Discussion and News
    Replies: 0
    -: 15-04-16, 18:54
  5. En bloc sales partly to blame for 'vanishing' Singapore
    By mr funny in forum En Bloc Discussion and News
    Replies: 6
    -: 01-03-09, 11:26

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •