One Finlayson Green, a freehold commercial building, has been sold to Kerisvale Pte Ltd for S$227 million. Jones Lang LaSalle (JLL), which brokered the deal on behalf of a fund managed by Lucrum Capital, said Kerisvale consists of a group of private investors and the sale price was the highest per square foot achieved this year at about S$2,520, or S$2360 per square foot on the strata area. The building,...
One Finlayson Green
One Finlayson Green's strata offices and retail units in the Central Business District are on the market but investors have to buy entire floors. The prime location - near Raffles Place MRT station - and tight market should stimulate demand. The 19-storey building, which has retail outlets on the first and second levels, has a total saleable floor area of about 96,132 sq ft. Each floor measures up to...