Church buys Elite Building in collective sale
The S$52m to be paid by The Tabernacle Church and Missions Ltd works out to S$1,242 psf on existing GFA
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Kalpana Rashiwala
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Singapore
ELITE Building, a freehold six-storey property near Aljunied MRT Station, has been sold through a collective sale for S$52 million to The Tabernacle Church and Missions Limited.
The price works out to S$1,242 per square foot based on the existing gross floor area of 41,866 sq ft.
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