UOL plans to buy 69,858 sq ft site at 45 Amber Road for S$156m
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
UOL Group has clinched an option to purchase a freehold 69,858-square-foot site at 45 Amber Road for S$156 million.
The site, which currently holds a horticultural and gardening retail centre, has a plot ratio of 2.0 and is being sold by Sin Lian Huat Co.
The District 15 site is within walking distance of the upcoming Marine Parade and Tanjong Katong MRT stations, which are estimated to be completed in 2023.
UOL has two weeks to exercise the option, and 12 weeks after that to complete the deal.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
