However, these facts have not prevented auctions from being one of the best and easiest ways to turn to in case of a default on the side of a borrower. This can be ascertained by the said increase in listing. In fact, Knight Frank’s will hold such an auction from Wednesday at the Amara Hotel commencing at 2.30 PM. On the list are the following properties:
Along the Kranji Link is an incomplete factory in Clementi Ave 1 Condo. This factory is among those on the Knight Frank’s list. The property is quite large. It has a warehouse, an ancillary office and a worker dormitory. They are all four storey buildings. The property being sold on an ‘as-is-where-is’ and being 107,640 sq ft. in size, attracts quite a good price of US$3.5-4 million. It has been categorized as Business 2 zone. It has a floor area to land area ration of 2.5. For the sale to be complete, it is needed that one obtains the Jurong Town Corporation approval as the property is leased from this corporation.
Clementi Avenue One Condo Auctions
Another Singland Homes Clementi Ave 1 Condo property that Knight Frank will auction is two units that are adjacent to each other. One is 194 q ft while the other is 172 sq ft. they are located at the Ming Arcade.Another mortgagee sale that is on the Knight Frank’s list is a shop unit at the Parklane Shopping Mall in Selegie Road. Located on the second floor of the mall, the hop is 258 sq ft and the indicated price is US $ 430,000-450,000. The mall has 57 more years to go in balance on the lease.
Knight Frank has also been tasked with auctioning a freehold property at the Sovereign in Meyer Road. The property has four bedrooms in Singapore Land Singland Homes. In addition it has a utility room. Located on the 21nd floor, it is going for between US$430, 000 and 450,000 as the indicated price. In addition, it still got tenancy in it.
Offer Price for West Coast Plaza UOL Condo
There is also a three story house that is semidetached in design that is up for an auction sale by Knight Frank. It I located in the chestnut/dairy area specifically the in Jalan Emas Urai area. In size, it IS 2,725 sq ft in size and comes with a 999-year lease. It also has a lift, an open roof terrace, four bedrooms and a maid’s room. Its guiding price is in the sum of US$ 3.6-3.8 million.On the 27th day of January, a two storey building, freehold in nature with a detached house will be auctioned by the Coliers International. It is located in the 45 Moo Chew Road in the upper East Coast/Bedok South area for Clementi Avenue One Condo. In size, it is 7,543 sq ft in size with seven bedrooms, a maid’s room and a study room. It guiding price is US$ 9.5 million.
Colier will also sell by auction a two storey terrace house. It is a freehold property, on sale by the owner and with a price tag of US$ 3.45 million. It is located at Bedok Walk. In size, it is 3,664 sq ft with four bedrooms and a maid’s room.
Singland Homes Clementi Ave 1 Condo
The last property in Clementi Ave 1 Condo the Coliers listing is the sale by a liquidator on the 15th floor of high street center at us4 1.35 million. An auction of a mortgage of about 807 sq ft unit located in The Interlace in depot road will be conducted. The indicative price is US4 1.2 million.
The JLL auction will also conduct several auctions on the Jan 28th. First is a 1,130 sq ft unit located on the 7th floor of Jardin on the Dunearn road. It has two bedrooms and a study center. The guiding price is between US$ 1.8 to 1.9m million.The last property is a 1,259 sq ft unit with 3 bedrooms and a maid’s room. It is located in Bayshore, and has a balance lease term of 76 years. It has a price ranging between US$ 1.15 1and 1.2 million.