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Hiap Hoe's Orchard Towers en bloc sale failed - THE EDGE SINGAPORE

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.

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.

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

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.  

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.

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.

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).

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.

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
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