Hong Leong Group have sold freehold Prime Centre on Middle Road for $103 million or $1,415 per square foot based on existing net lettable area of about 72,800 sq ft. Buyer ERC Holdings group, a private commercial school operator is said to be planning to renovate the property for use as an educational hub and hotel. DTZ brokered the sale of Prime Centre through a private treaty deal. Market watchers say...
