Ming Arcade, a commercial development in the prime Orchard Road area has been put up for collective sale by tender for the second time. The sole marketing agent, Jones Lang LaSalle, said the relaunch also comes with a lower asking price of over S$120 million. Meanwhile, the site was offered at more than S$130 million during the first tender exercise. Stella Hoh, national director and head of investments...
Ming Arcade Enbloc
Ming Arcade, a prime freehold commercial development located off Orchard Road, is up for collective sale by tender. The redevelopment site on 21 Cuscaden Road is zoned 'commercial' with a gross plot ratio of around 4.2 and an allowable building height of 20 storeys. With an approved gross floor area of 55,046 square feet, no development charge is payable for the site. According to sole marketing agent...