• EN BLOC COMMERCIAL SERVICES

  • ALVIN NG

    Division Director

    at HUTTONS ASIA PTE LTD

    CEA Registration No. R026886D

    Agency License No. L3008899K

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  • En Bloc Properties For Sale

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    People Park Center

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    Parklane

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    Sultan Plaza

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    Textile Center

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    Golden Mile Tower

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    Hotel with 87 rooms @ orchard

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    New Hotel with 115 rooms @ Orchard $220 million nego

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    Orchard Shophouse x 17 $380m

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    Orchard bldg $400m

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    Far East Shopping Center

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    Orchard Tower

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    Katong Plaza $188m

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    Roxy Square $1.25B

  • Stages of an En Bloc Sales Process

    1

    Initiation of an Extraordinary General Meeting (EOGM)

    2

    Call for a 2nd EOGM

    • Appointment of Relevant Professionals
    • Discussion and Agreement on How to Apportion Sales Proceeds
    • Approve the Reserve Price
    3

    Call for a 3rd EOGM

    • Factors that Help Determine Property Reserve Price
    • Approve the collective sales agreement (CSA) terms and conditions
    4

    Obtaining Minimum Consent

    5

    Launch for En Bloc Tender and Find Buyer

    6

    If Buyer is Found, Obtain Sales Order from STB

     

    7

    Legal Completion of the Sale

     

    8

    Handover of the Property

     

  • En Bloc Properties Sold in 2023

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    GSM BUILDING EN BLOC SOLD IN 2023

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    GS BUILDING EN BLOC SOLD IN 2023

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    SHENTON HOUSE EN BLOC SOLD IN 2023
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    DELFI ORCHARD EN BLOC SOLD IN 2024

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