Just five privatised Housing and Urban Development Company (HUDC) estates have been successfully sold en bloc so far. These are:
1) FARRER COURT
The 618-unit development remains the priciest en bloc deal by quantum to date. It went for about $1.34 billion in June 2007. The D’Leedon by CapitaLand current sits on the plot of land.
2) GILLMAN HEIGHTS
Now The Interlace by CapitaLand, the 607-unit development went for $548 million in February 2007.
3) WATERFRONT VIEW
The 583-unit development was sold for $385 million in May 2006. Currently four condos stand in its place: Waterfront Waves, Waterfront Key, Waterfront Gold and Waterfront Isle.
4) MINTON RISE
Back in January 2007, the 342-unit development went for $209 million. Today, a new condo called the Minton by Kheng Leong, occupies the plot of land.
Far East Organisation paid $183 million for the the 168-unit development in January 2006. Far East has since built the Silversea condo on the plot of land.