Allgreen Properties News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The reit’s manager said the offer was made on the basis of its right of first refusal. Read more at straitstimes.com.

The Orchard Boulevard site drew decent interest, but bid prices were below expectations. Read more at straitstimes.com.

Allgreen Properties, part of the Kuok Group headed by Malaysia’s richest man Robert Kuok, is reportedly in talks to acquire Singapore’s The Seletar Mall for SG$520 million (US$387 million).

The week also saw a new psf-price high at Orchard Towers on Claymore Road. A 947 sq ft unit, on the 10th floor, changed hands for $2.08 million ($2,196 psf) on Aug 4.The sale of a 1,216 sq ft unit at One Devonshire marked a new psf-price high at the freehold condo and also topped the list of condos that achieved a psf-price high for the week of Aug 1 to 8.The three-bedroom unit, on the 30th floor, changed hands for $3.7 million ($3,042 psf) on Aug 7. This is the first time that a resale unit at

Pinetree Hill will be an interesting launch to note, as it's a little less in the limelight because Ulu Pandan isn't traditionally an area that will pop into mind for buyers. But it's been apparently 14 years since there was last a new launch in the vicinity, and the success of The Reserve Residences (which is quite nearby) could see...