DFI puts its last 2 Singapore properties up for sale at S$48.5 million

DFI Retail Group has put its last two Singapore properties on the market – eight freehold strata retail units at Siglap V, and an HDB retail unit in the Toa Payoh Central area.

The total guide price for the two assets is S$48.5 million, though potential buyers can make offers for one or both properties. JLL has been appointed the exclusive marketing agent to conduct an expression of interest (EOI) exercise for the properties.

The eight adjoining freehold retail units at Siglap V have a guide price of S$32 million, which works out to S$3,012 per square foot (psf) based on the total strata area of 10,624 sq ft.