\n<\/p>\n
ETC held its auction at its office in UIC Building. More than 45 bidders had registered to take part in Wednesday’s auction, but only 11 turned up. About 30 other bidders walked in, and those who attended were given a handout of the listings.<\/p>\n
Successful bidders had to sign an offer to purchase and put down a 10 per cent deposit on the day.<\/p>\n
The auction started with the most expensive unit on the list – a 6,727 sq ft, four-bedroom penthouse at South Beach Residences, with a guide price of S$25.3 million.<\/p>\n
Bidding started at the guide price, but drew no offers and was withdrawn.<\/p>\n
Four other units at the condominium also went under the hammer on Wednesday. All four, ranging from 1,087 sq ft to 1,744 sq ft, opened between S$4.3 million and S$6.6 million, and received no bids.<\/p>\n
Two units at 8 Saint Thomas, a condominium in River Valley, were up for grabs.\u00a0<\/p>\n
The first, a 1,302 sq ft unit on the 20th floor, started at S$4.4 million while the second, a 1,755 sq ft unit nine floors higher, opened at S$5.7 million. Both received no interest.<\/p>\n
A 1,679 sq ft unit on the 20th floor of Paterson Suites, which is a 10-minute walk from Orchard MRT station, opened at S$5.18 million. Silence filled the room and there was no bid, and the unit was withdrawn.<\/p>\n
The only commercial unit at the auction, an 8,800 sq ft four-storey factory at Shun Li Industrial Park, opened at S$3.63 million and drew a counter-offer of S$3.1 million.\u00a0<\/p>\n
The unit was withdrawn, although the auctioneer said they would speak with the bidder later.<\/p>\n<\/div>\n
\n
PENTHOUSE ETC held its auction at its office in UIC Building. More than 45 bidders had registered to take part in Wednesday’s auction, but only…<\/p>\n","protected":false},"author":1,"featured_media":87267,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/dam.mediacorp.sg\/image\/upload\/s--SvcAiuL3--\/c_crop,h_1125,w_1999,x_1,y_107\/c_fill,g_auto,h_676,w_1200\/f_auto,q_auto\/v1\/mediacorp\/cna\/image\/2026\/09\/02\/wallich_residence_facade.jpg?itok=BaPZKY1B","fifu_image_alt":"","footnotes":""},"categories":[2],"tags":[10066,596,1192,6196,4342,29114,2160,5722,13338],"class_list":["post-87266","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-buzz-news-sg-global","tag-auction","tag-case","tag-condominium","tag-laundering","tag-money","tag-s3b","tag-seized","tag-sold","tag-units","wpcat-2-id"],"brizy_media":[],"_links":{"self":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/87266","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=87266"}],"version-history":[{"count":0,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/87266\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/media\/87267"}],"wp:attachment":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=87266"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=87266"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=87266"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}