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Citimac up for en bloc sale by public tender

Owners seek a minimum price of S$430 million for the freehold redevelopment site
Thursday, June 1, 2017 - 05:50

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Located in Tai Seng, the Citimac building was put up for en bloc sale in 2014 with a minimum price of S$550 million.

Singapore

INDUSTRIAL complex Citimac in Tai Seng has been put up for collective sale via a public tender exercise, and the owners are seeking a minimum price of S$430 million.

This freehold redevelopment site has a land area of about 1.3 hectares, and is zoned "Business 1-White"

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