Midlink Plaza in Middle Road has been sold for S$126.8 million to 122 Middle Investment, marketing agent Credo Real Estate said yesterday. Shareholders of 122 Middle Investment include Millennium Land, an associate company of Singapore-listed Lian Beng Group, which plans to redevelop the site into a hotel, Credo added. 122 Middle Investment has made an outline planning permission application to the Urban...
Midlink Plaza
Midlink Plaza, a nine-storey commercial building at the junction of Queen Street and Middle Road, has been launched for tender with an indicative price of between S$120 million and S$130 million. With the building’s existing strata area of 92,861 sq ft, the price tag translates to around S$1,292 psf to S$1,399 psf. However, after factoring in S$16.8 million to S$18.3 million for the top-up of the lease...