{"id":84129,"date":"2018-03-29T10:10:54","date_gmt":"2018-03-29T03:10:54","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/news-roundup-march-2018\/"},"modified":"2018-03-29T11:02:54","modified_gmt":"2018-03-29T04:02:54","slug":"news-roundup-march-2018","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/news-roundup-march-2018\/","title":{"rendered":"News Roundup (March 2018)"},"content":{"rendered":"


\nOur top Singapore property stories.
\nGeylang HDB flat with city views sold for $910,000
\nA 5-room HDB resale flat on a high floor in Geylang with sweeping views of the Singapore Sports Hub and city skyline was sold in January for a sky-high price of $910,000.
\nThe sale price for the 1,184 sq ft corner unit works out to about $769 psf on the floor area.
\nLocated at Block 3 Pine Close, the 18-year-old flat is close to Mountbatten MRT station, famous eateries, supermarkets and Kallang Wave Mall. Read more <\/p>\n

Mandarin Gardens eyeing $2.5 billion collective sale
\nMandarin Gardens condominium is now poised to raise the bar for collective sales attempts in Singapore as owners of the 99-year leasehold development have set a $2.48 billion price tag in a new en bloc attempt, reported Channel NewsAsia.
\n\u201cThis would represent probably the highest land price ever in Singapore in terms of absolute quantum,\u201d said International Property Advisor chief executive Ku Swee Yong.
\n\u201c$2.5 billion sounds large, but that\u2019s partly also because this piece of land is one million square feet. Multiplied by the plot ratio, you could in fact build about three million square feet of residences.\u201d Read more<\/p>\n

Holland Road site attracts 15 bids
\nThe tender for a plum commercial and residential site at Holland Road in District 10 closed on 20 March after attracting strong interest from developers.
\nA total of 15 bids were submitted for the approximately 247,214 sq ft plot \u2013 the first sale site of the Holland Village Extension. It was launched for sale by the Urban Redevelopment Authority (URA) via the dual-envelope concept and price tender system on 30 November 2017.
\nSeveral big-name developers put in more than one bid with different concept proposals, through joint ventures and consortiums. They include Far East Organization, Lendlease and GuocoLand. Read more<\/p>\n

Sentosa Cove penthouse sold at $2.4 million loss
\nA two-level penthouse at Sentosa Cove\u2019s posh The Berth by the Cove was sold on mortgagee sale at an auction in February for $3.25 million, which works out to $1,105 psf. The property received a total of five bids.
\nWhile this is the first successful auction of a Sentosa Cove property in 2018, the sale translates to a loss of about $2.4 million, or 42 percent, said marketing agent Edmund Tie & Co.
\nThe previous owner had bought the unit for $5.64 million ($1,919 psf) in 2011. Read more
\n\u00a0
\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email\u00a0romesh@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…News Roundup (March 2018)<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Our top Singapore property stories. Geylang HDB flat with city views sold for $910,000 A...<\/p>\n","protected":false},"author":1,"featured_media":84130,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-84129","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-news"],"jetpack_featured_media_url":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2018\/03\/The-Berth-resized.jpg?fit=820%2C410&ssl=1","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-lSV","jetpack-related-posts":[{"id":83305,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/geylang-hdb-flat-with-city-views-sold-for-910000\/","url_meta":{"origin":84129,"position":0},"title":"Geylang HDB flat with city views sold for $910,000","date":"March 21, 2018","format":false,"excerpt":"\r The high floor unit at Pine Close offers unblocked views of the Singapore Sports Hub and city skyline. (Photo: Dulcie Liu) A 5-room HDB resale flat on a high floor in Geylang with sweeping views of the Singapore Sports Hub and city skyline has just been sold for a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":86150,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/queenstown-hdb-flat-sold-for-1-08m-more-record-breaking-deals-expected\/","url_meta":{"origin":84129,"position":1},"title":"Queenstown HDB flat sold for $1.08m, more record-breaking deals expected","date":"April 23, 2018","format":false,"excerpt":"\r The 1,615 sq ft high-floor unit is close to Queenstown MRT station and Anchorpoint mall. (Photo: Mohamed Ameen) A HDB resale executive apartment at Block 148 Mei Ling Street in Queenstown, which has a balance lease of about 76 years, was sold this month for an eye-popping $1.08 million,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":21660,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/toa-payoh-flat-sold-for-980000\/","url_meta":{"origin":84129,"position":2},"title":"Toa Payoh flat sold for $980,000","date":"August 2, 2016","format":false,"excerpt":"\r View of public housing blocks in Toa Payoh. A 23-year-old executive flat in Toa Payoh was sold for a whopping $980,000 in June this year, reported AsiaOne. Based on figures on the HDB website, the price is comparable to those sold at the iconic Pinnacle @ Duxton. Located between\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":142782,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/about-6830-hdb-bto-june-2024-flats-to-launch-landlord-slammed-for-morgue-like-listing-and-more\/","url_meta":{"origin":84129,"position":3},"title":"About 6,830 HDB BTO June 2024 Flats to Launch, Landlord Slammed for "Morgue-like" Listing, and More","date":"February 26, 2024","format":false,"excerpt":"\r About 6,830 HDB BTO June 2024 Flats to Launch, Landlord Slammed for \"Morgue-like\" Listing, and More20 to 26 February 2024 HDB will launch around 6,830 June 2024 BTO flats. Meanwhile, a Facebook listing for a small room in a Toa Payoh Central flat sparked online outrage, with netizens slamming\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2024\/02\/hdb-bto-june-2024-bedok-cover-1.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":23996,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/news-roundup-august-2016\/","url_meta":{"origin":84129,"position":4},"title":"News Roundup (August 2016)","date":"August 26, 2016","format":false,"excerpt":"\r A recap of our most read stories for the month of August HDB, DBSS flats sold for over $1m A 5-room HDB resale flat in Clementi Avenue 3 was sold for $1,005,000 in August \u2013 a record price for this flat type outside the Pinnacle @ Duxton project. The\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":82759,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mandarin-gardens-eyeing-2-5-billion-collective-sale\/","url_meta":{"origin":84129,"position":5},"title":"Mandarin Gardens eyeing $2.5 billion collective sale","date":"March 15, 2018","format":false,"excerpt":"\r The owners of Mandarin Gardens would stand to earn $1.58 million to $5.07 million based on the reserve price. Mandarin Gardens condominium is now poised to raise the bar for collective sales attempts in Singapore as owners of the 99-year leasehold development have set a $2.48 billion price tag\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/84129"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=84129"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/84129\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media\/84130"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=84129"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=84129"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=84129"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}