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
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Kalpana Rashiwala
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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.
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