Perennial-led consortium may put AXA Tower on the market
En bloc price of no less than S$1.65 billion translates to S$2,150 psf, on total strata area of 767,358 sq ft
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A CONSORTIUM led by Perennial Real Estate Holdings Limited is considering an en bloc sale of AXA Tower at no less than S$1.65 billion.
This translates to S$2,150 per square foot (psf) based on the total strata area of about 767,358 sq ft after an asset enhancement initiative (AEI), Perennial said on Monday.
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