Posted on May 3, 2008 by lushhomeonline
AN UNUSUAL auction of an apartment at King’s Mansion off Tanjong Katong Road has attracted strong bidding - driving up the sale price to $1.59 million, well above expectations.
The condominium’s management corporation had taken the rare step of selling the three-bedroom property after the owners had disappeared for more than a decade.
The auction, conducted on [...]
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Posted on April 25, 2008 by lushhomeonline
AN UNUSUAL auction of an apartment worth over $1 million is scheduled for next week - after the mysterious disappearance of the owners.
The three-bedroom unit at King’s Mansion off Tanjong Katong Road has been vacant for more than 10 years.
Repeated attempts by the condo’s management corporation (MC) to get in touch with the owners and [...]
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Posted on March 28, 2008 by lushhomeonline
IT was a stellar year for the Singapore property market in 2007, and auction activity, a barometer of market confidence, did well in tandem.
Auction sales hit a record $407.43 million in 2007, the highest in eight years and a shade below the figure achieved in 1999 when the market was recovering from the Asian financial [...]
Filed under: Auctions, General | Tagged: Property Auctions, Shophouses, Singapore Property Market | No Comments »
Posted on March 18, 2008 by lushhomeonline
SEVEN adjoining commercial units in Singapore Shopping Centre and a residential development in District 11 were put up for sale yesterday.
Colliers International will auction the commercial units on the third storey of the shopping centre in Clemenceau Avenue.
The seven units will be offered together and the asking price is in the region of $1,300-$1,500 per [...]
Filed under: Auctions, Enbloc, General | Tagged: Collective Sales, Enbloc, Pastoral View, Property Auctions, Singapore Shopping Centre | No Comments »
Posted on January 8, 2008 by lushhomeonline
Prices should be less than market rate as house owners need to be compensated.TWO sizeable landed residential plots off Mandai Road will be sold via auction later this month - with prices expected to be below the market rate for comparable plots.
The catch: The 23 houses that sit on the land are owned by different [...]
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Posted on January 8, 2008 by lushhomeonline
PROPERTY firm Colliers International yesterday announced the auction of two residential sites off Mandai Road. Both plots have 999-year leases from Oct 16, 1884. The sites are being sold on a non-vacant basis. This means the buyers will be responsible for vacating the tenants.
20-28 Meng Suan Rd: Expected to cost about $5.3m, including a development [...]
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Posted on January 3, 2008 by lushhomeonline
Other properties up for auction include Changi bungalow, studio apartment
THE Official Receiver is auctioning off a back lane at Jalan Bunga Raya in the Balestier Road/Irrawaddy Road area.
10 Swiss Club Lane: Indicative price of $18m for the 17,557 sq ft property up for auction
The freehold strip of land, with a land area of 3,331 sq [...]
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Posted on December 30, 2007 by lushhomeonline
Record 810 sales closed this year as transparency of process, immediacy of deals attracts buyers
ONE of the more striking consequences of the booming real estate market has been the sharp increase in the amount of property - residential and commercial - going under the hammer.
Auctions, which used to be associated mainly with forced sales of [...]
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Posted on December 28, 2007 by lushhomeonline
Auctions dominated by owners seeking good deals - not bank foreclosure
The value of properties sold at auctions in 2007 was the highest in eight years - and the second best showing ever. But property consultants reckon that this is about as good as things will get for now. Next year could see a slowdown led [...]
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Posted on November 30, 2007 by lushhomeonline
MORE than 120 eager buyers yesterday crowded into a room at M Hotel hoping for a bargain deal at a first-of-its kind auction of six small plots of land.
The buyers were mostly hoping to buy a plot on which to build their own dream home.
And after some brisk bidding, six of them each left with [...]
Filed under: Auctions, General | Tagged: Property Auction, Singapore Land Authority (SLA) | No Comments »
