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en bloc
Tong's Portfolio
Urban renewal is good but outcomes hinge on integrity and good governance
How do we hold officials, especially those who are unelected, to account?
August 01, 2024
Company in the news
Hiap Hoe's Orchard Towers en bloc sale failed
The en bloc sale of Orchard Towers was not successful. Hiap Hoe owns 59 strata units in the property.
February 20, 2023
Property
Singapore home sales soar in July on minute-to-midnight buying
SINGAPORE (Aug 15): Private home sales in Singapore soared to the highest in 16 months in July as buyers rushed to snap up properties hours before curbs aimed at quelling speculation came into effect.
August 15, 2018
Broker's Calls
This ground engineering firm may see a turnaround as construction projects heat up
SINGAPORE (Apr 10): Singapore’s construction sector looks likely to streak ahead in 2018, on the back of the en bloc fever and a rise mega infrastructure projects. And this ground engineering solutions provider is hoping the rise in demand for its servi
April 10, 2018
Broker's Calls
Which developers to 'buy' as the en bloc cycle peaks?
SINGAPORE (Apr 10): RHB is maintaining its “overweight” call on Singapore’s real estate sector while expecting developers to be more selective in their en bloc bids going forward, with preferences for relatively smaller and well-located sites.
April 10, 2018
Broker's Calls
3 developers that could benefit most from the property boom
SINGAPORE (Mar 21): A rising tide is said to lift all boats. But amid a wave of en bloc deals on the back of improving sentiment in the Singapore property sector, SAC Advisors believes some developers could cruise to greater heights than others.
March 21, 2018
Property
Fragrance Group to pay $220 mil in en bloc purchase of Eunos Mansion
SINGAPORE (Mar 9): Fragrance Group, through its wholly-owned subsidiary Fragrance Treasures, has entered into a collective sale and purchase agreement to acquire Eunos Mansion condominium for $220 million.
March 09, 2018
Property
Private home prices continue to recover, but watch out for falling rents, rising supply
SINGAPORE (Jan 26): Prices of private residential property in Singapore is keeping up its recovery even as rental rates continue to decline, according to real estate statistics for 4Q17 released today by the Urban Redevelopment Authority (URA).
January 26, 2018
Property
SingHaiyi scoops up Park West condo in en bloc sale for $841 mil
SINGAPORE (Jan 11): SingHaiyi Group’s joint-venture firm, SingHaiyi Gold, is acquiring Park West condominium along Jalan Lempeng in Clementi in a collective purchase at a price of $840.9 million.
January 12, 2018
Property
Chip Eng Seng acquires Changi Garden in en bloc sale for $248.8 mil
SINGAPORE (Oct 17): CEL Real Estate Development, the wholly-owned subsidiary of construction and property group Chip Eng Seng Corporation, has won the tender to acquire Changi Garden en bloc for a purchase price of $248.8 million at a $888 psf per plot ra
October 17, 2017