August 14, 2018

2nd collective sale attempt by Windy Heights sees reserve price slashed by over $50 million

SINGAPORE (EDGEPROP) – Owners of freehold Windy Heights in the Kembangan area in their 2nd collective sale attempt, are seeking to reduce the reserve price by over $50 million in a bid to go for collective sale. This comes after its earlier bid in April 2018 which was unsuccessful.The reserve price in the previous attempt was $806.2 million, but now, with their 2nd collective sale attempt, the price may...

Real estate investment sales in Singapore projected to reach $40 billion in 2018

SINGAPORE (EDGEPROP) – Colliers International in releasing its latest quarterly investment sales report ‘Keeping Up The Momentum’ on August 13, said the real estate investment sales in Singapore is projected to reach $40 billion in 2018. The leading commercial real estate services company said commercial and industrial properties could pick up part of the slack in the second half of 2018 to keep the...

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