RESIDENTIAL

138-unit West Coast development up for collective sale

956-year leasehold Hong Leong Garden Shopping Centre, which has an area of 150,816 sq ft, has been put up for collective sale. Marketing agent Credo Real Estate mentioned that the site can be expanded up to 164,298 sq ft, with a total GFA of around 262,877 sq ft. With the inclusion of land premium and DC, the current owners expect offers to fall between $160 million and $170 million ($752 to $794 psf ppr). The tender ends on September 19, 2.30pm.

Developers are pushing out more units at smaller sizes: Savills Singapore

A study by Savills Singapore shows that some developers have been launching more units than initially planned in the past few years on plots bought at state land tenders. The total number of private houses built on these plots will surpass GLS Programme’s estimation by approximately 11%. Savills ...