Golden Wall Centre eyes S$250m to S$270m in enbloc sale

Singapore

GOLDEN Wall Centre, a freehold commercial property located at the junction of Short Street and Rochor Canal Road, will be launched for collective sale on Thursday.

The bids for the site are expected to be in the range of S$250 million to S$270 million, according to its collective sale committee. This translates to S$2,113-S$2,283 per square foot (psf) on the existing gross floor area of the building.

Golden Wall Centre is currently about 50 per cent owned by corporates and 50 per cent by individuals. Some 80 per cent of the sub…