Friday, 27 May 2016

Privatised HUDC estates have gone en bloc - SRX

1) FARRER COURT

The 618-unit development remains the priciest en bloc deal by quantum to date. It went for about $1.34 billion in June 2007. The D'Leedon by CapitaLand current sits on the plot of land.

2) GILLMAN HEIGHTS

Now The Interlace (Located in District 4) by CapitaLand, the 607-unit development went for $548 million in February 2007.
3) WATERFRONT VIEW

The 583-unit development was sold for $385 million in May 2006. Currently four condos stand in its place: Waterfront Waves, Waterfront Key, Waterfront Gold and Waterfront Isle.

4) MINTON RISE

Back in January 2007, the 342-unit development went for $209 million. Today, a new condo, Minton located in District 19, occupies the plot of land.

5) AMBERVILLE

Far East Organisation paid $183 million for the the 168-unit development in January 2006. Far East has since built the Silversea condo on the plot of land.

Keen to upgrade to a new condo? 
Check out SRX Condo Directory srx.com.sg/condo

The Straits Times

Source: SRX (23 May 2016)