Sultan Plaza

Sultan Plaza launches collective sale with reserve price of S$380m

Owners of the Sultan Plaza commercial building along Jalan Sultan have launched a public tender for a collective sale with a reserve price of S$380 million. The 99-year leasehold development, which was built in the 1970s sits on 52,471 square feet (sq ft) of land. The maximum permissible gross floor area can be redeveloped to 283,803 sq ft, referenced against the 5.30 gross plot ratio of neighbouring...

Family firm putting 3 properties up for sale by tender

A family-owned company is putting three properties put up for sale by tender. They are a large vacant Good Class Bungalow (GCB) plot at Holland Rise/East Sussex Lane, a freehold industrial redevelopment site at New Industrial Road, and a former cinema space at Sultan Plaza, on Jalan Sultan. According to the marketing agent Credo Real Estate, these three properties belong to a family-owned company. A...

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