Freehold River Valley Apartments sells for S$56 million to a Singapore family office
#1

https://www.businesstimes.com.sg/propert...?ref=pulse
Reply
#2

Huat ah
Reply
#3

The area enclosed by somerset, dhoby ghuat, fort canning and great world city and nearby areas hv excellent fs, 风水宝地。

This building is just nearby. The family bought it must be for this reason
Reply
#4

only 1622 psf....super low....Lugi liao the seller....only get back 2million plus back...

stupid!
Reply
#5

Land size only 1152 sm, too small to rebuild as a condo. That restricts its potential.
Reply
#6

(Yesterday, 11:02 PM)WhatDoYouThink! Wrote:  Land size only 1152 sm, too small to rebuild as a condo. That restricts its potential.

than buy for what leh? in next 10 years as usual try to sell double for it? surely they buyer wanna profit double from now even triple.
Reply
#7

(Yesterday, 11:30 PM)[[ForeverAlone]] Wrote:  than buy for what leh? in next 10 years as usual try to sell double for it? surely they buyer wanna profit double from now even triple.

They already said is for family office loh. Maybe there are plans to acquire the neighbouring properties aso and merge into a bigger plot, then the value jumps immediately from 2k to 3k psf
Reply
#8

(Yesterday, 11:34 PM)WhatDoYouThink! Wrote:  They already said is for family office loh. Maybe there are plans to acquire the neighbouring properties aso and merge into a bigger plot, then the value jumps immediately from 2k to 3k psf

I doubt so, more like wanna rent out.
Reply
#9

(Yesterday, 11:43 PM)[[ForeverAlone]] Wrote:  I doubt so, more like wanna rent out.

Whatever. But rich families know how to protect their wealth well, and not easy for us to know their plans
Reply
#10

(Yesterday, 11:30 PM)[[ForeverAlone]] Wrote:  than buy for what leh? in next 10 years as usual try to sell double for it? surely they buyer wanna profit double from now even triple.

Anyway it's s a gd and cheap buy.

Btw, this 风水宝地 had produced 2 pm and many successful businessmen. D15 aso has a 风水宝地 with 2 presidents and many successful businessmen
Reply
#11

(Today, 12:14 AM)WhatDoYouThink! Wrote:  Anyway it's s a gd and cheap buy.

Btw, this 风水宝地 had produced 2 pm and many successful businessmen. D15 aso has a 风水宝地 with 2 presidents and many successful businessmen

is it, I feel there is one landed house also. Appear in News before. The owner claim his landed house suddenly got " spring water " outside , so he build a fountain for this nature spring water. Heard he claim he will not sell his landed house due to this.
Reply


Forum Jump:


Users browsing this thread: 2 Guest(s)