Merchant Square for sale by Expression of Interest

Merchant Square, an office building located at the fringe of the Central Business District (CBD), is up for sale by Expression of Interest.

The building, completed in 1996, comprises a four-storey office tower and two blocks of shophouses.

It is situated close to the junction of Merchant Road and Clemenceau Avenue, with a tenure of 99 years leasehold from 1993.

CB Richard Ellis, which is the sole marketing agent for the Expression of Interest exercise, said the property has a total net lettable area of about 50,262 square feet.

It sits on a land area of 27,668 square feet and has two levels of basement carpark comprising 76 lots.

The Expression of Interest exercise closes at 3pm on October 6.

Source : Channel NewsAsia – 31 Aug 2009

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