Collective sale
Frasers Property defends turf with S$391.9 million acquisition of The Centrepoint rear block
This will allow the group to consolidate adjoining sites for a major redevelopment in the future
Receivers put one-seventh stake in Cheong family’s Oxley Rise mansion on the block
The prime freehold residential landed plot was put up for sale in 2022 at S$300 million
Serenity Park condo in Yio Chu Kang put on the market at S$505 million
The price tag translates to S$1,453 psf ppr
Tan Boon Liat Building in Outram up for sale again at lower S$1 billion reserve price
The price tag translates to a land rate of about S$1,757 psf ppr
City Plaza owners eye another mega en bloc attempt with S$970 million reserve price
The latest push comes amid mounting challenges faced by owners of the ageing strata mall
Cuppage Terrace, next to The Centrepoint, up for sale with S$250 million valuation
A developer can potentially acquire and redevelop both properties, which are next to each other
Property players call for lower ABSD on foreign buyers, review of EC income and loan caps
Other proposals floated include further tweaks to developers’ sales deadlines, lower consent threshold for en bloc sales
The Centrepoint’s rear block up for collective sale at S$418 million
Frasers Property, its developer, is likely to be a top contender for the site for possible redevelopment
Loyang Valley to relaunch for tender in January at same guide price of S$880 million
Significant infrastructure and industrial developments are expected in the Changi East area
En bloc sale market in 2026 set to be more active, but challenges remain
Pain points for developers include high costs and limited redevelopment potential, say market watchers
