Daily Archives: 21 Oct 2009

Dragon Mansion en bloc sale sees lower offer

Posted on 21 Oct 2009 | Comments Off

Roxy-Pacific’s $101m offer is below the $120m that owners are asking

Boutique developer Roxy-Pacific has said it has offered to buy the freehold condominium site of Dragon Mansion (left) for $100.8 million, or $860 per sq ft (psf) per plot ratio. — PHOTO: BT

THE first significant collective sale in Singapore this year is on the cards – if the condominium’s owners will agree to a price that is lower than what they are hoping to achieve.

Boutique developer Roxy-Pacific has agreed to acquire a site at Spottiswoode Park, but at a price that is below the estate’s original reserve price.

In an announcement to the Singapore Exchange yesterday, the developer said it has offered to buy the freehold condominium site of Dragon Mansion for $100.8 million, or $860 per sq ft (psf) per plot ratio. Continue reading →

Comments Off on Dragon Mansion en bloc sale sees lower offer

Posted in Developers, En-bloc / Collective Sales

Tagged Collective Sales, Dragon Mansion, En-bloc, Enbloc, Roxy-Pacific

Sentosa adds bite to its attractions

Posted on 21 Oct 2009 | Comments Off

ST PHOTO: TERENCE TAN

RELIVE the thrills of the adventure movie Jurassic Park, and more, when South-east Asia’s only movie theme park – Universal Studios – opens on the island resort early next year.

BY YEAR’S end, work on the hotels, theme park and casino at Resorts World at Sentosa (RWS) should be ‘substantially completed’.

Barring drastic weather changes or other delays, the integrated resort (IR) should be ready for its targeted opening early next year, said its executive vice-president of projects Michael Chin. Continue reading →