BASF selling five office floors at Suntec Tower One for S$129.3m

Price of S$2,400 psf is lower than deal next door a year ago; buyer believed to be linked to ARA group

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Kalpana Rashiwala

Published Tue, Dec 13, 2016 · 09:50 PM

Singapore

FIVE office floors in Suntec Tower One are changing hands for a total sum of S$129.3 million, which works out to S$2,400 per square foot on strata area of 53,863 sq ft, based on caveats data.

The five floors - Levels 24, 25, 34, 35 and 36 - are being sold by BASF South East Asia, a part of German chemicals giant BASF, which currently occupies the space.

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