En bloc site relaunched with 40% lower price tag

En bloc site relaunched with 40% lower price tag
 
Elsewhere, Straits Trading asking $162m for Gallop Gables apartments
 
By UMA SHANKARI
 
A DISTRICT 10 collective sale site at Robin Drive, off Bukit Timah Road, has been relaunched for sale - with a new asking price as much as 40 per cent lower in view of [...]

Condo land falling below building costs

Condo land falling below building costs
 
Developers of entry-level housing squeezed by weak selling prices and surge in construction costs
 
By KALPANA RASHIWALA
 
(SINGAPORE) For the first time in at least two decades, construction costs for some 99-year condo sites are actually higher than their land costs. This is taking place against the backdrop of [...]

Soilbuild is top bidder for Woodlands site

Soilbuild is top bidder for Woodlands site
It offers $13.61m for industrial site; may build landed and/or flatted factories
 
 
SOILBUILD Group Holdings yesterday emerged as top bidder in a state tender for a 60-year leasehold industrial site at Woodlands, offering $13.61 million or $30.10 per square foot (psf) of potential gross floor area. This was almost 60 [...]

Soilbuild puts in top bid of S$13.6m for Woodlands site

Soilbuild puts in top bid of S$13.6m for Woodlands site
 
SINGAPORE: Niche property developer Soilbuild has put in the top bid of over S$13.6 million for an industrial site at Woodlands Industrial Park. This works out to S$30 per square foot per plot ratio.
 
The site has a 60-year lease and can potentially yield a gross [...]

Tanglin Road site goes at 124% above guide rent

Tanglin Road site goes at 124% above guide rent
 
By ARTHUR SIM
 
THE former Ministry of Home Affairs complex at Phoenix Park, off Tanglin Road, has been awarded to LHN Group for $368,888 a month - a huge 124 per cent more than the guide rent of $165,000 a month.
 
The site, with a gross floor [...]

Office space slump? 2 state-owned sites pull in strong bids

Office space slump? 2 state-owned sites pull in strong bids
 
THE former Ministry of Home Affairs complex at Phoenix Park is set to be transformed into an ‘iconic integrated office complex’ with restaurants and other facilities.
 
The plans were unveiled by LHN Facilities Management, which was awarded the right to lease the Tanglin Road site by [...]

SLA awards office properties, offers two more sites for lease

SLA awards office properties, offers two more sites for lease
 
SINGAPORE: The Singapore Land Authority (SLA) has awarded the first two sites for transitional office space this year.
 
One of the most keenly-watched sites was the former Home Affairs Ministry complex at Phoenix Park.
 
The parcel was awarded to LHN Facilities Management, which will pay S$368,888 [...]

Hiap Hoe-SuperBowl top bid for hotel site below forecast

Hiap Hoe-SuperBowl top bid for hotel site below forecast
 
Group is aiming to build 3-star hotel that caters to China, India markets
 
By KALPANARASHIWALA
 
A JOINT venture between Hiap Hoe Ltd and its sister company SuperBowl Holdings Ltd yesterday placed a lower-than-expected top bid for a hotel site in the Balestier area opposite the Sun [...]

Just three lacklustre bids for Balestier hotel site

Just three lacklustre bids for Balestier hotel site
 
Financial climate and site’s high development requirements may be behind poor showing
 
By Joyce Teo
 
A SPRAWLING Balestier Road hotel site integrated with a park attracted just three bids, all well under expectations.
 
A market expert had tipped a price of about $150 million to $200 million, or $350 [...]

Location, location

Location, location
 
Balestier Road hotel site draws three bids
 
Thursday • July 17, 2008
 
 
 
THREE companies have entered bids for a hotel-and-park land parcel along Balestier Road, compared to the zero interest for a Little India hotel site tender that closed just two months ago.
 
Of the three, the top bidder was HH Properties, a unit [...]