Riding on the strata retail property boom, Griffin Real Estate Investment Holdings, a wholly-owned subsidiary of education group ERC Holdings, is launching units for sale at Bugis Cube this Saturday. Up to 91 strata units will be available at Bugis Cube, a six-storey, 999-year leasehold building at North Bridge Road. It is currently undergoing a multi-million-dollar retrofitting that is expected to be...
ERC Holdings
Private commercial-school operator ERC Holdings is buying the House of Tan Yeok Nee for more than S$60 million from German fund manager Union Investment Real Estate AG. According to Business Times, Savills brokered the sale of the property through a private equity and an option is said to have been issued this week. The House of Tan Yeok Nee is located at the junction of Penang Road and Clemenceau...
Hong Leong Group have sold freehold Prime Centre on Middle Road for $103 million or $1,415 per square foot based on existing net lettable area of about 72,800 sq ft. Buyer ERC Holdings group, a private commercial school operator is said to be planning to renovate the property for use as an educational hub and hotel. DTZ brokered the sale of Prime Centre through a private treaty deal. Market watchers say...