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Far East buys 27 residential units in ex-AA Centre
It pays S$124.1m or S$2,574 psf on strata area for them
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Published Tue, Jul 24, 2018 · 09:50 PM
Singapore
FAR East Organization, which acquired the first six levels of the former AA Centre in River Valley Road in 2013, is buying 27 of the 28 residential units on the upper floors of the 14-storey, freehold building.
The property group is paying a total of S$124.10 million for the bulk purchase of the 27 units - 23 apartments and four penthouses. This works out an average price of S$2,574 per square foot based on the total strata area of about 48,222 sq ft.
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