Cushman & Wakefield and PropNex Realty have been appointed as the joint exclusive marketing agents for the sale of the House of Tan Yeok Nee at 101 Penang Road, Singapore (the “Property”) through an expression of interest exercise which will close on 12 July 2018, 3.00 pm. The Property is to be sold at an indicative minimum price of S$93 million. This translates to approximately S$ 1,590 per square...
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...
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