The S$810 million collective sale of Thomson View condominium has officially received court approval, clearing the path for Singapore’s largest en bloc deal since Chuan Park’s S$890 million sale in 2023. The green light from the High Court comes after a months-long delay caused by objections from a small group of owners and concerns over […]
In a significant move, Keppel Land Group has exercised its call option to purchase Thomson View Condo en bloc for $810 million. This deal, a joint effort with CapitaLand Development (CLD), represents one of the largest residential en bloc transactions of 2024. Milestone Agreement Secured The process began on October 26 when Keppel Land and […]
Keppel Land Group and CapitaLand Development (CLD) are moving forward with a major acquisition: the purchase of Thomson View condominium for S$810 million, as announced on Oct 26. This 255-unit private condominium, located on Bright Hill Drive and completed in 1987, occupies an expansive 504,314 square feet and holds a 99-year lease from April 1975. […]
Thomson View condominium is back in the spotlight for an en bloc sale after its tender in September closed without any bids. In response, the owners are now considering reducing their reserve price by 12%, from S$918 million to S$808 million, as they shift towards private treaty negotiations. So far, about 60% of the owners […]
Thomson View Condominium is back on the market for collective sale, holding steady with its reserve price of S$918 million. This relaunch comes after a previous tender closed on April 18 without securing a deal. The reserve price of S$918 million translates to a land rate of S$1,275 per square foot per plot ratio (psf […]
