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The Prospex back on the market, with lower price tag

Owner Pamfleet is seeking offers over S$70m for the nine-storey building, which is 85% let
Tuesday, February 14, 2017 - 05:50

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Buyers may choose to purchase shares in the special purpose vehicle that holds the asset, The Prospex, or to do an outright asset purchase of the Middle Road building.

THE Prospex, a nine-storey retail and office building next to Bugis+, is back on the market, this time with an indicative guide price "in excess of S$70 million".

This appears to be lower than the S$80 million asking price when the building was previously put up for sale on an en bloc

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