SUBSCRIBERS
Bangladeshi group pays S$135m for Centrium Square's retail space
Singapore vehicle of tycoon Mohd Saiful Alam paying S$4,967 psf for the freehold asset
Published Fri, Jul 8, 2016 · 09:50 PM
Singapore
ALL the retail space of Centrium Square, which will come up on the current Serangoon Plaza site in Little India, is understood to have been sold to a foreign investor for S$135 million.
This works out to S$4,967 per square foot based on the freehold strata area of 27,179 sq ft - all on the first two levels.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Homebuyers shun new real estate in Vancouver, hurting builders
US pending home sales jump in March to hit highest in the year
Blackstone strikes US$1.6 billion student housing deal with KKR
European real estate deals slump to lowest level in 13 years
Singapore Q1 industrial rents rise further as occupancy dips and prices fall: JTC
Condo resale volumes rebound in March; prices inch up 0.4%: SRX, 99.co