Upper Bukit Timah

Tender launched for 5 adjoining shophouses on Upper Bukit Timah Road

Property consultancy Jones Lang LaSalle has launched the tender sale of five adjoining shophouses along Upper Bukit Timah Road. The asking price is between S$9.5 million and S$10 million for the group of properties located near Bukit Panjang Plaza, the future Ten Mile Junction development and The Rail Mall. The price translates to S$408 to S$426 per square foot per plot ratio. The tenanted, freehold...

SLA says demand for land to build schools remains healthy

The demand for land to build schools has remained healthy, with seven bids received for a piece of land at Upper Bukit Timah. The Singapore Land Authority (SLA) said that of the seven bids for the former Seh Chuan High School, four were fairly strong bids above the guide rent of S$73,100 per month. The highest bid was from Dimensions Commercial School Pte Ltd, and some of the other bidders were existing...

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