Century Warehouse in Pasir Panjang up for collective sale at S$57m
If it finds a buyer, it could net listed property developer Tuan Sing Holdings about S$50m to S$51m in proceeds
Singapore
CENTURY Warehouse, a freehold industrial warehouse in Pasir Panjang Road, will be launched for a collective sale at S$57 million on Thursday.
If it finds a buyer, it could net listed property developer Tuan Sing about S$50 million to S$51 million in proceeds, as it owns 31 out of a total of the 35 strata units in the building, and close to 90 per cent of the strata area, Patrick Tan, its head of asset and fund management, told The Business Times.
TRENDING NOW
CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
Abandoned ‘Titanic’, failing ‘ancient towns’: Why China’s tourism boom leaves white elephants behind
Cat A COE rate exceeds Cat B for third time in 4 months; premiums largely down