Developers to launch 100 office units at GSH Plaza

THE consortium behind GSH Plaza is launching more than 100 strata titled office units in the 28-storey Central Business District building.

The units will range in size from 480 to 1,700 square feet, with an average price of S$2,850 to S$3,500 per square foot.

GSH Plaza, formerly known as Equity Plaza, is majority owned by property developer GSH Corp. Minority shareholders in the project are TYJ Group, a private vehicle for GSH executive chairman Sam Goi, and Vibrant DB2, a joint vehicle by developers Vibrant Group and DB2 Group.

GSH Plaza comprises 259 strata office units in total, plus two floors of retail space for eight shops and 13 food and beverage outlets.

GSH shares traded at 7.6 Singapore cents on Monday as at 12:12pm, while Vibrant stock was at 9.6 Singapore cents.