Thomson View, a 5 hectare site situated next to Upper Thomson MRT Station, was constructed since 1975, with 200 apartments, 54 townhouses and a shop unit.
Over 17 years, the owners went through 4 collective sales attempts, before succeeding on the 5th attempt, selling the land plot at S$810 million to UOL, Singapore Land (SingLand) and CapitaLand Development (CLD) on 25 Nov 2024, translating to a land rate of S$1,178 psf ppr.
UOL, SingLand and CLD have plans to create a 1,240-unit development in its place.
PROJECT NAME | THOMSON VIEW CONDOMINIUM |
Estimated Land Size (sqm) / (sqft) | 50,208 sqm 540,434 sqft |
Land Tenure | 99 years Leasehold |
Plot Ratio | 2.1 |
District | 20 / Bishan |
Enbloc Details | Sold Enbloc Nov 2024 to UOL, CapitaLand Sale Price : $810million, $1,178 psf ppr |
No. of units | 254 units before Enbloc Can potentially yield 1240 units |
Developers are planning a 1,240-unit project on the 5-hectare site that now houses 200 apartments, 54 townhouses and a shop unit
25 Nov 2024
THOMSON View has been sold for S$810 million to UOL, Singapore Land (SingLand) and CapitaLand Development (CLD), after the condominium’s owners on Friday (Nov 22) green-lit a deal for an en-bloc sale.
Deal subject to owners’ consent to lower reserve price; sale would be biggest en bloc acquisition since 2023
27 Oct 2024
UOL and CapitaLand Development (CLD) have signed an option to acquire the 99-year leasehold Thomson View Condominium for S$810 million in a collective sale, the companies said on Saturday (Oct 26).
This comes after tender for collective sale of the condo closed with no bids in September
9 Oct 2024
THOMSON View’s tender for collective sale closed with no bids on Sep 6, but owners of the condominium are looking to lower its reserve price from S$918 million to S$808 million as they move into private treaty negotiations.
The 99-year leasehold development was last put up for sale in February this year
3 July 2024
THOMSON View Condominium has been put up for collective sale again, at an unchanged reserve price of S$918 million.
The relaunch of the tender for the 99-year leasehold development comes after a previous tender closed on Apr 18 with no deal signed.
27 Feb 2024
THOMSON View Condominium has been put up for collective sale again – this time at a lower reserve price of S$918 million, as opposed to the S$950 million price tag pegged to relaunches in 2022 and the year before.
11 May 2022
THOMSON View Condominium is up for collective sale again via public tender, with a guide price of S$950 million, said exclusive marketing agent OrangeTee Advisory on Wednesday (May 11).
8 Nov 2021
THOMSON View Condominium has been put up for collective sale again, with a reserve price of S$950 million.
The 99-year leasehold property will be the largest residential site by price quantum to be launched for collective sale this year, said exclusive marketing agent OrangeTee Advisory in a statement on Monday (Nov 8).
Sale committee will not appeal against decision to disallow collective sale
3 Oct 2013
The regulator of estate agents is studying the High Court's recent findings involving HSR International Realtors' role in the failed Thomson View en bloc deal "before deciding on any follow-up action that may be necessary", BT understands.