City Plaza owners make collective sale attempt

By Angela Teo
/ EdgeProp |
Ask Buddy
Past Condo sale transactions
Recently launched projects
Compare price trend of Condo new sale vs EC new sale
Condo projects with most profitable transactions
Landed transactions with the highest profits in the past year
Past Condo sale transactions
Recently launched projects
Compare price trend of Condo new sale vs EC new sale
Condo projects with most profitable transactions
Landed transactions with the highest profits in the past year
City Plaza — across the road from the future Paya Lebar Quarter and ONE KM mall — is making a collective sale attempt. “We are making a final decision on the appointment of a consultant and lawyer, and will make an announcement soon,” says Derrick Chan, chairman of the collective sale committee.
Built in 1981, the freehold mixed-use development has a total of 531 units (465 strata retail and 66 residential). Two 172 sq ft retail units on the third floor were just sold on Nov 27 at $740,000 ($4,297 psf) each.
So far, 70% of the owners have agreed to the sale, says Chan.
Long shot of City Plaza
(Credit: Samuel Isaac Chua/The Edge Singapore)
Ask Buddy
Past Condo sale transactions
Recently launched projects
Compare price trend of Condo new sale vs EC new sale
Condo projects with most profitable transactions
Landed transactions with the highest profits in the past year
Past Condo sale transactions
Recently launched projects
Compare price trend of Condo new sale vs EC new sale
Condo projects with most profitable transactions
Landed transactions with the highest profits in the past year

Follow Us
Follow our channels to receive property news updates 24/7 round the clock.
EdgeProp Telegram
EdgeProp Facebook
Subscribe to our newsletter

Our Site

Edgeprop.sg (previously known as The Edge Property Singapore) is the best property portal for real estate agents, investors, home-seekers and sellers alike in Singapore. On EdgeProp, you will be able to find the latest and hottest property news, property listings, and access tools for your research and analysis.

Whether you are looking to buy, sell or rent apartments, condominiums, executive condos, HDBs, landed houses, commercial properties or industrial properties, we bring you Singapore’s most comprehensive and up-to-date property news and thousands of listings to facilitate your property decisions. Click into any listing to check out the new AI Redesign tool to envision your property based on your preferred style, be it Scandinavian, Minimalist or many others.

View More