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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

Kalpana Rashiwala
Published Wed, Sep 6, 2017 · 09:50 PM

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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