Grange Road properties still in the spotlight

Grange Road Properties like the Spring Grove condominium which could undergo a $1.045 billion collective sale has put the spotlight on other residential blocks in the same street.

The high-end sector has been down in the dumps for months, so the prospect of a big payday for Spring Grove owners has raised eyebrows among property experts.

Grange Road, like many other prime city neighbourhoods, has come under the pressures of the additional buyer's stamp duty and the risk of more cooling measures.

San Centre put up for collective sale

San Centre, a 12-storey office building on Chin Swee Road, has been put up for collective sale by tender.

Standing on 28,719 sq ft of land, the building comprises 107 strata-titled office units and 80 carpark lots. It has a total gross floor area of 131,895 sq ft, resulting in a plot ratio of 4.59.

Offers are expected to come in at between $115 million and $125 million, or between $872 and $948 per sq ft.

4 North Bridge Rd shophouses to be auctioned

Four freehold shophouses along North Bridge Road have been launched for sale by public auction.

The shophouses, bounded by Kandahar Street and Aliwal Street and within the Kampong Glam conservation area, will be sold together; they have been tagged with an indicative asking price of $15.5 million.

The units, at 762, 764, 766 and 768 North Bridge Road, will be sold with existing tenancies, which expire between March this year and July next year.

Villa Des Flores up for collective sale again

Villa Des Flores, a freehold development on Whitley Road has been put up for collective sale again, after two previously unsuccessful attempts last year.

The indicative price range remains unchanged at $160 million to $165 million or $1,533 to $1,581 per sq ft (psf).

Kismis Lodge up for en bloc sale again

Kismis Lodge is being put up for collective sale for the second time.

Located off Toh Tuck Road, Kismis Lodge occupies a land area of 70,283 square feet (sq ft). The plot, comprising 64 walk-up apartments, was first put up for tender on July 16 last year.

In the July 2012 tender, the owners asked for between $90 million and $95 million, which translates to about $1,281 to $1,352 per square foot (psf).