Family offices driving a few car park deals; Chinatown offers latest million-dollar lot

A CAR park at People's Park Complex has joined the mix of such assets up for purchase, with a few recent sales of other car parks closed by family offices.

This week, a multi-storey car park with a restaurant unit at People's Park Complex was put up for public tender at a guide price of S$42 million.

The property spans across four floors on levels 3, 4, 5 and 6, comprising 648 car parking spaces, 56 motorcycle parking spaces and a restaurant unit on the top level of the podium, said sole marketing agent Brilliance Capital.