Top Global to buy units in Thong Teck Building from Allied Tech director

Singapore

MAINBOARD-LISTED property group Top Global has decided to buy 23 freehold commercial strata-titled lots with 43 property addresses in Thong Teck Building for S$170 million.

The properties comprise 39 office units and four retail units located within the nine-level Thong Teck Building on 15 Scotts Road, which was built in the mid-1970s and upgraded in 2014.

The Business Times had reported in May that Top Global would be buying a parcel of office and retail space from entities that Kenneth Low Si Ren, executive director o…