{"id":99174,"date":"2018-10-05T12:00:50","date_gmt":"2018-10-05T05:00:50","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/more-properties-go-en-bloc-despite-property-curbs\/"},"modified":"2018-10-05T12:05:30","modified_gmt":"2018-10-05T05:05:30","slug":"more-properties-go-en-bloc-despite-property-curbs","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/more-properties-go-en-bloc-despite-property-curbs\/","title":{"rendered":"More properties go en bloc despite property curbs"},"content":{"rendered":"


\nThe latest properties to be put up for collective sale include a row of landed houses in Bartley. (Photo: Mount Everest Properties)
\nThe government\u2019s latest property cooling measures have not deterred homeowners from putting their properties up for collective sale, with Casa Riviera and a row of five landed houses in Bartley district being the latest to attempt a sale.
\nHomeowners at the 31-unit project are expecting offers in excess of $55 million, which works out to $1,223 psf per plot ratio (psf ppr) after factoring in the 10 percent bonus balcony space, revealed marketing agent Mount Everest Properties.
\nNo development charge is payable for the freehold property.
\nMore:\u00a0Developers\u2019 En Bloc Appetite Diminishing: RHB
\nLocated at Lim Tua Tow Road, the 29,181.2 sq ft site is zoned residential under the 2014 Master Plan with a gross plot ratio of 1.4 and a building height limit of up to five storeys.
\nThe freehold property is located close to the Serangoon and Kovan MRT stations and is connected to the Kallang-Paya Lebar Expressway.
\nMeanwhile, the owners of the five freehold terrace homes at Quemoy Road in Bartley are asking for $30 million, or $885 psf ppr after factoring in the 10 percent bonus balcony space.
\nZoned residential with a gross plot ratio of 1.4, the 22,000 sq ft site can be redeveloped into a five-storey boutique development, subject to the relevant authority\u2019s approval, said Mount Everest Properties.
\nThe freehold site is within walking distance to Bartley MRT station, near various schools including St Gabriel\u2019s Secondary, Maris Stella High and Paya Lebar Methodist Girls\u2019 (Secondary).
\nThe tenders for the Bartley houses and Casa Riviera will close on 31 October and 13 November respectively.
\nMore:\u00a0Understanding The En Bloc Process (August 2018)
\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…More properties go en bloc despite property curbs<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The latest properties to be put up for collective sale include a row of landed...<\/p>\n","protected":false},"author":1,"featured_media":0,"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-99174","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-pNA","jetpack-related-posts":[{"id":87665,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/22-river-valley-apartments-terrace-homes-near-bartley-mrt-up-for-sale\/","url_meta":{"origin":99174,"position":0},"title":"22 River Valley apartments, terrace homes near Bartley MRT up for sale","date":"May 10, 2018","format":false,"excerpt":"\r The 22 apartment units at 336 RV have an indicative price of around $86 million to $90 million. (Photo: Richmond Capital Investments) The momentum in the en bloc market has encouraged more homeowners to sell their properties, with 22 private apartments at 336 River Valley Road and five freehold\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":87006,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/two-freehold-properties-launched-for-en-bloc-sale\/","url_meta":{"origin":99174,"position":1},"title":"Two freehold properties launched for en bloc sale","date":"May 3, 2018","format":false,"excerpt":"\r Holland Tower in District 10 was put up for sale with a reserve price of $65 million. (Photo: SRI) More homeowners are trying their luck at collective sales, with two freehold developments launched at a combined price of $103 million. The Holland Tower condominium in District 10 was put\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":88551,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/8-more-properties-launched-for-en-bloc-sale\/","url_meta":{"origin":99174,"position":2},"title":"8 more properties launched for en bloc sale","date":"May 17, 2018","format":false,"excerpt":"\r Cairnhill Astoria (the red building) in prime District 9 has joined a growing list of properties launched for en bloc sale. (Photo: Colliers International) Singapore\u2019s red-hot collective sales market continues to sizzle with more homeowners jumping on the en bloc bandwagon. Cairnhill Astoria in Cairnhill Rise and Trendale Tower\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":73403,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-stradia-up-for-collective-sale-for-22mil\/","url_meta":{"origin":99174,"position":3},"title":"The Stradia up for collective sale for $22mil","date":"December 1, 2017","format":false,"excerpt":"\r The Stradia, a mixed development site along Yio Chu Kang Road, has been put up for en bloc sale, with a guide price of about $22 million, reported Business Times. This works out to a land rate of $889 psf per plot ratio. Located at 78 Yio Chu Kang\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":69988,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/en-bloc-fever-spreads-to-commercial-properties\/","url_meta":{"origin":99174,"position":4},"title":"En bloc fever spreads to commercial properties","date":"October 25, 2017","format":false,"excerpt":"\r View of Singapore skyline. (Photo: Wikimedia Commons) More commercial and mixed-use projects are joining the en bloc sales frenzy after a number of residential developments have successfully changed hands, reported the Business Times. For instance, three integrated developments have been launched for collective sale. Owners of the freehold Tai\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119997,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mount-emily-residential-buildings-on-sale-for-18mil\/","url_meta":{"origin":99174,"position":5},"title":"Mount Emily residential buildings on sale for $18mil","date":"January 19, 2021","format":false,"excerpt":"\r Mount Emily residential buildings on sale for $18milLocated 200 m away from Little India MRT interchange, the freehold properties\u00a0are near Mount Emily Park, Orchard Road and the central business district. Image: Edmund Tie & Company A portfolio of three freehold residential buildings at 2, 4 and 6 Mount Emily\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/01\/2-4-6-Mount-Emily-Road.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/99174"}],"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=99174"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/99174\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=99174"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=99174"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=99174"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}