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CCT's Wilkie Edge being quietly marketed by agents

CAPITALAND Commercial Trust's retail and office space at Wilkie Edge in the Selegie area is being quietly marketed for sale by some property agents, The Business Times understands.

The asking price being bandied about is S$1,800-2,000 per square foot on net lettable area, which would translate to a quantum of S$275.8 million to S$306.5 million.

This is substantially higher than the S$194 million (S$1,266 psf) independent valuation for the property as at June 30, 2015, listed in CCT's asset valuation...

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