Singapore-based company Popular Holdings, through Popular Land Investment, has secured an en bloc sales deal to acquire Permai Court, a freehold residential site at Kampong Bahru, for approximately S$20.25 million. This works out to about S$982 psf ppr, taking into consideration an estimated S$2.5 million development charge (DC) and premiums for the adjoining site. Permai Court, which is the first...
Permai Court
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...