---
title: "Seven permanent leasehold properties for sale, total price 219 million yuan | Lianhe Zaobao"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/277871785.md"
description: "Seven permanent leasehold residential space assets located in Raffles Place, Maris Stella, and Yangon Road are collectively for sale, with a total asking price of HKD 218.5 million. Sales agent Cushman & Wakefield revealed that these properties include serviced apartments, co-living spaces, hotels, and student dormitories, all of which are fully operational and can generate cash flow immediately. Three units in Raffles Place are operated by Coliwoo, while the three units in the Maris Stella area are priced between HKD 35 million and HKD 46 million"
datetime: "2026-03-05T03:32:17.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/277871785.md)
  - [en](https://longbridge.com/en/news/277871785.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/277871785.md)
---

# Seven permanent leasehold properties for sale, total price 219 million yuan | Lianhe Zaobao

Seven permanent leasehold residential space assets located in River Valley, Balestier, and Rangoon Road are collectively up for sale, with a total asking price of SGD 218.5 million.

Sales agent Cushman & Wakefield announced on Thursday (March 5) that among these seven properties, three are located in River Valley, three in Balestier Road, and one at 99 Rangoon Road.

The asset portfolio includes serviced apartments, co-living spaces, a hotel, and student dormitories. Currently, these units are fully operational and can generate immediate cash flow.

The three four-story units in River Valley are located at 268, 288, and 298 River Valley Road, and are currently operated as serviced apartments by co-living space operator Coliwoo. The sizes of these three units range from 2,211 square feet to 3,412 square feet, with prices ranging from SGD 18.5 million to SGD 35 million.

The three properties in Balestier are located at 320, 453 Balestier Road, and 471 and 473, with prices ranging from SGD 35 million to SGD 46 million. The sizes of these units range from 3,941 square feet to 6,811 square feet.

#### Further Reading

Since the launch of the collective sale plan in 2018, urban shopping centers have reached an 80% sale threshold for the first time 132 retail and residential units at The Centrepoint on Orchard Road are up for sale with an asking price of SGD 418 million Another unit located at No. 99 Yangong Road is priced at 20 million yuan, covering an area of approximately 2,611 square feet.

According to CBRE, these properties can meet various residential needs from short-term to long-term, and buyers can choose to purchase individually or acquire them as a whole investment portfolio.

The announcement stated that these units will be sold through an invitation for buyers to submit bids, with a deadline of 3 PM on Monday, April 13, 2026

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