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Enbloc activity in Geylang attracting smaller developers

Yuen Sing Mansion transacted this month; Tivoli Lodge up for sale

Published Fri, Aug 14, 2020 · 09:50 PM

Singapore

GEYLANG, infamously known as Singapore's red-light district, is generating a mini buzz of a different kind this year - enbloc activity.

This month Yuen Sing Mansion, a freehold collective sale site along Lorong 13 Geylang, was sold via private treaty for S$15.2 million, lower than the original reserve price of S$17 million.

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Enbloc activity in Geylang attracting smaller developers

KEYWORDS IN THIS ARTICLE

Property

Singapore office rents in central region fall 1.7 per cent in Q1 after rising for 9 quarters

Singapore retail rents slip 0.4% in Q1 as vacancy rates creep up

Country Garden plans to present debt revamp plan in H2, sources say

Hong Kong home prices rise for first time in 11 months after curbs scrapped

HDB resale prices accelerate, rising 1.8% in Q1 on stronger demand

Private home prices ease to 1.4% rise in Q1; rents fall a further 1.9%

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