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property disposal
Property
TA Corporation to dispose of 12 On Shan for $86.5 mil
The group says it is expected to net a loss of $8.6 million on the proposed disposal.
April 01, 2022
Property
CDL to sell all 85 strata lots in Tanglin Shopping Centre in collective sale
According to CDL, the sale will realise a significant gain for the group. The sale is expected to be completed in FY2022 or FY2023
March 30, 2022
Property
TA Corporation to sell Leonie Hill Residences unit for $4.93 mil
The proposed disposal will see a loss of $0.3 million upon completion.
November 01, 2021
Property
JB Foods to dispose of New Jersey property for $24.3 mil
The property was purchased in 2014 by JB Foods with the intention to develop it into a factory building.
October 28, 2021
Property
Blumont Group disposes vacant land in Malaysia for $6.5 mil
The excess of the proceeds over the property’s book value is around $2.0 million.
September 15, 2021
Property
Purchaser of Chip Eng Seng's shophouses on Geylang Road exercises option
The proposed disposal of the property is slated to be completed on Nov 25, 12 weeks after the option exercise date.
September 02, 2021
Property
Creative Technology sells US office building for US$11.13 mil
The proposed transaction is expected to contribute US$9.1 million to the group’s net profit.
July 08, 2021
Property
Enviro-Hub to proceed with disposal of Lam Soon property for $35.3 mil
The option was granted on May 14 and has been exercised by Extra Space Hillview on May 18.
May 18, 2021
Property
Chip Eng Seng sells shophouses for total consideration of $24.2 mil
The disposals were made via two separate agreements by the group's subsidiary CES Capital Holdings.
April 07, 2021
Property
Far East to sell Woods Square property unit for $1.8 mil as an IPT
The consideration of $1.8 million translates to $21,907.22 per sqm over the strata area of 81 sqm.
March 23, 2021