Auction vs Private Treaty. Is One Better Than the Other?

Auctions and private treaty are two common methods of selling real estate. Each has its own benefits and drawbacks, and the best method will depend on the specific property and market conditions. Benefits of auction: Speed: Auctions are typically quicker than private treaty sales, as the property is sold on a specific date. This can be beneficial for sellers who want to sell their property quickly...

Portfolio of Rare Nightlife Outlet Cluster for Sale in Sim Lim Square

Photo of Sim Lim Square (Source: Huttons Asia) For the first time in Sim Lim Square’s history, a much-coveted portfolio of 7 retail units with an estimated strata floor area of 5,156 sq ft have been put up for sale via private treaty, with a guide price of $17 million. Located a stone’s throw away from the Rochor MRT station and within 10 minutes’ walk to Jalan Besar, Little India and Bugis...

60-year leasehold industrial property sold at 20% above opening price via auction

Huttons Sales & Auction successfully knock down a mortgagee sale property on 18 Aug 2022. From left: Ms Wendy Yap (Senior Director, Mortgagee Sale Specialist), Mr Teddy Ng (Deputy Head, Sales & Auction), Mr James Wong (Head, Sales & Auction), Ms Geri Ang (Director, Corporate Account), Ms Jeanette Ngo (Director, Asset Advisory), Mr Yap Boon Seng (Senior Director, Mortgagee Sale...

Mortgagee sale of three-bedder at The Esparis for $1 mil

SINGAPORE (EDGEPROP) - A three-bedroom unit at The Esparis, a condominium located at Pasir Ris Drive, was sold at an auction by Huttons Group on June 16. A mortgagee sale, the property fetched $1 million or 2% above its opening price, says James Wong, head of auction and sales at Huttons. The Esparis is a 99-year leasehold property by City Developments that was completed in 2006....

Condo/Apartment Resale Transactions Recorded for the Week of 23 May to 29 May

CentralEastWestNorthNorth-East Project NameAddressProperty TypeTenureArea (sqft)Price (S$psf)Price (S$)THE SHORE RESIDENCES83 AMBER ROAD #XX- XXCONDOMINIUM103 yrs FROM 2009105517161810000WATERBANK AT DAKOTA70 DAKOTA CRESCENT #XX- XXCONDOMINIUM99 yrs FROM 200988317561550000RIVER PLACE60 HAVELOCK ROAD #XX- XXCONDOMINIUM99 yrs FROM 199578614861168000CORALS AT KEPPEL BAY11 KEPPEL BAY DRIVE #XX-...

Condo/Apartment Resale Transactions Recorded for the Week of 16 May to 22 May

CentralEastWestNorthNorth-East Project NameAddressProperty TypeTenureArea (sqft)Price (S$psf)Price (S$)PADDY GREEN1 LORONG 12 GEYLANG #XX- XXAPARTMENTFreehold1,4219551,357,000COTE D'AZUR66 MARINE PARADE ROAD #XX- XXCONDOMINIUM99 yrs FROM 20011,1411,4461,650,000BARTLEY RIDGE30 MOUNT VERNON ROAD #XX- XXCONDOMINIUM99 yrs FROM 20124951,551768,000SIMS URBAN OASIS6 SIMS DRIVE #XX- XXCONDOMINIUM99 yrs...

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