Tuan Sing buys Katong Mall for $219m
TUAN Sing has clinched the collective sale of Katong Mall for $219 million, which works out to a land price of $865 per sq ft of potential gross floor area including an estimated $24.5 million payable to the state to top up the site’s lease to 99 years from [...]
Filed under: Commercial, Enbloc, Investment, Market Trend, Property News, Retail | Tagged: Tuan Sing, Katong Mall, Nursalim family, Robinson Towers | Leave a Comment »
Tuan Sing buys Katong Mall for $219m
PROPERTY group Tuan Sing Holdings bought Katong Mall for $219 million yesterday, in the first major collective sale of the year.
The four-storey complex of strata-titled shops and other businesses is the first fully retail site to be sold collectively, said marketing agent Jones Lang LaSalle (JLL).
The 78,158 [...]
Filed under: Commercial, Enbloc, Investment, Market Trend, Property News, Retail | Tagged: Tuan Sing, Katong Mall, collective sale, Golden Cape Investments | Leave a Comment »
Katong Mall sold to Tuan Sing Group for S$219m
SINGAPORE : Katong Mall has been sold in a collective transaction to property developer Tuan Sing Group for S$219 million.
Including a premium of S$24.5 million to top up the site’s lease, the price works out to about S$865 per square foot of gross floor area
The [...]
Filed under: Commercial, Condominium, Enbloc, Property News, Reit | Tagged: Tuan Sing, Katong Mall, commercial development, Marine Parade, East Coast Road, Joo Chiat Road | Leave a Comment »
