PIL Building in Cecil Street - ultimately fully owned by the same entity that controls struggling Pacific International Lines (PIL) - has been quietly put on the market through an expression of interest (EOI) exercise that closed last Friday. The exercise has drawn strong response; according to the grapevine, interest from eight parties was received. The guide price for PIL Building has been set at...
Merchants Building at 76 South Bridge Road, has been put up for collective sale by tender with a reserve price of S$23.5 million. The seven-storey freehold commercial building has a land area of 104.5 square metres. Under the Urban Redevelopment Authority's Master Plan 2014, it is zoned “commercial” with a gross plot ratio of 4.2. The property is located on an envelope control site, within the...
Three freehold office floors of The Octagon at 105 Cecil Street have been put up for bulk sale via tender, said marketing agent Cushman & Wakefield on Monday. The tender exercise for the 14th, 15th and 17th floors of the 25-storey office building will close on Nov 1, 2018. Total strata area of the three floors is about 18,567 square feet, and each floor has a plate size of about 6,189 sq ft. The...
Prime commercial development, The Arcade, is being put up for tender at a guide price of S$900 million. The 20-storey building located at Collyer Quay, which is partly owned by City Developments, has a maximum allowable gross floor area of some 303,000 square feet, and total existing strata area of some 157,000 square feet. Under the 2008 Master Plan, the site is zoned for "commercial" use with an...
The office space on the 18th floor of Samsung Hub has been put up for sale via an expression of interest exercise. In a statement on Monday, marketing agent CBRE said the guide price for the prime grade A 999-year strata office floor is S$43.3 million. Samsung Hub is a 30-storey office tower located in the Raffles Place central business district. CBRE said the entire 18th floor has a strata area...
The owners of 8 and 10 Chang Charn Road have put the properties up for sale. This offering represents a rare opportunity to acquire a quality 6 storey building with adjoining site with redevelopment potential (subject to local authority approval) which is zoned Business 1 and located in a Central Location. The property at 8 Chang Charn Road has showroom, warehouse and conference room on the 1st storey...
Bugis Cube is located at North Bridge Road, within a 10 minute walk to 5 MRT stations. It is across Bugis Junction Mall and Hotel Intercontinental. With ERC Institute (ERCI) expected to use a level for academic purposes, this education mall will be focused on the young. Potential tenants will include F&B and electronics, creating a very lively concept. Location: 470 North Bridge Road Tenure: 999...
EON Shenton rises at the coveted site of 70 Shenton Way, illuminating the Tanjong Pagar waterfront with its majestic grandeur. Here in the Central Business District, each and every angle gives rise to international recognition and promises impressive city and sea views that extend towards the waterfront bungalows of Sentosa. Interweaving both residential and commercial spaces seamlessly, it is the epitome...
Location: One North, Buona Vista (District 5) Tenure: 99 years leasehold Year of Completion: 2009 Development: 2 blocks of residential cum SOHO layout apartment with retails shops on ground floor Total Units: 405 Unit Types (approx size): 1 bedroom ~ 560 sqft 2 bedroom ~ 980 - 1,250 sqft 2 + 1 ~ 1,100 - 1,450 sqft 3 bedroom ~ 1,300 - 1,700 sqft 3 + 1 study ~ 1,400 sqft 4 bedroom ~ 1,600 sqft Penthouse ~...
Central is an upcoming landmark development located above the Clarke Quay MRT station within the Central Business District. Pioneering a new live, work, play concept, SOHO at Central, comprising two towers with a total of 227 Small Office Home Office units, has captured the imagination of the Singapore and regional markets. Ninety per cent of the 115 units released have been sold ahead of an official...
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