Robinson Road

A sale is in the works for 71 Robinson Road. The Business Times understands that property investment group Sun Venture has been granted exclusive due diligence with a view to buy the 15-storey office block. The pricing is slightly under S$2,800 per square foot of net lettable area (NLA), which would translate to an absolute price in the region of S$660 million. The pricing would reflect a net yield...

The landmark CPF Building at 79 Robinson Road has been put up for sale by public tender, after the Central Provident Fund (CPF) Board signed a long-term lease to rent space at Novena Square Towers A and B for the Board’s operations. Its marketing agent CBRE said the relocation of CPF offices in the building will "free up prime office space in the Central Business District for higher-value...

The Urban Redevelopment Authority (URA) on Tuesday launched the tender for a commercial site at Robinson Road and Cecil Street. The land parcel, located within walking distance to Tanjong Pagar MRT Station, occupies a prime location in the heart of the Central Business District. The 0.29 hectare site, which can generate about 32,000 square metres of gross floor area, is poised to be developed into a...

The Urban Redevelopment Authority (URA) has awarded the tender for a hotel site at Robinson Road/Boon Tat Street to Royal Group Holdings. The company submitted the highest bid of S$86 million for the land parcel, which translates to about S$11,544 per square metre of gross floor area. Tender for the site was launched on November 2 last year and closed on January 5. The land parcel has a site area of...

A hotel site at Robinson Road / Boon Tat Street will be put up for public tender. The land parcel had been made available for sale through the reserve list system in June. The sale has been triggered by a developer's application, which had met the minimum price acceptable to the government. The developer has committed to bid at a price of not less than S$30.8 million, on a 60-year lease term. Tenderers...