Peck Seah Street

Aberdeen Standard Investments acquires Peck Seah Street shophouses for $54 mil

Aberdeen Standard Investments (ASI) has acquired a row of six adjoining shophouses along 48 to 56 Peck Seah Street for $54 million, or about $2,700 psf, in a deal concluded by JLL. This is ASI’s first acquisition in Singapore for its global real estate portfolio. The two-storey shophouses boast a 33m street frontage, and have a gross floor area (GFA) of 19,938 sq ft. They are fully leased to...

6 adjoining Tanjong Pagar shophouses put on market for S$57.8m

A row of six adjoining shophouses in Tanjong Pagar have been launched for sale, either individually or collectively, via an expression of interest exercise, joint marketing agents Colliers International and Jones Lang Lasalle Singapore (JLL) said on Tuesday. Located at 48 to 56 Peck Seah Street, the three pairs of two-storey conservation shophouses with attic sit on three separate land lots with a...

Six conservation shophouses in Tanjong Pagar for sale

A row of six adjoining conservation shophouses in Tanjong Pagar has been put up for sale at an indicative price of $57.8 million. Marketing agent JLL yesterday said the guide price for the units - 48 to 56 Peck Seah Street - works out to about $2,900 per sq ft, based on the existing gross floor area of 19,938 sq ft. The units, which are owned by a fund managed by Phoenix Property Investors, have a...

URA receives 6 valid bids for Peck Seah Street white site

The Urban Redevelopment Authority (URA) has received six valid bids for the white site at Peck Seah Street/Choon Guan Street at the close of the tender on Tuesday. The site has an area of about 15,000 square metres and a maximum gross floor area of over 157,000 square metres. The white site allows developers to have the flexibility to develop the site for commercial, hotel or residential development, or...

URA releases site in Tanjong Pagar for hotel development

A 30-storey hotel is set to be built on a reserve site at Gopeng Street/Peck Seah Street, the Urban Redevelopment Authority revealed on Thursday. The land parcel, which spans just over 2,300 square metres, is one of the two new hotel sites being released under the government land sales programme for the first half of 2008. The 99-year leasehold site can generate a maximum permissible gross floor area of...

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