SUBSCRIBERS
Foreign buyer forking out S$430.1m for Citimac in en bloc sale
Price works out to S$1,047 psf ppr for the freehold property; buyer said to be linked to family from China
Published Mon, Jul 24, 2017 · 09:50 PM
Singapore
CITIMAC, a freehold industrial complex near Tai Seng MRT Station, is being sold for S$430.1 million, or S$1,047 per square foot of potential gross floor area (GFA).
The unit land price is inclusive of an estimated S$82 million development charge.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Abu Dhabi builder plans US$6.8 billion luxury housing project
JTC to sell hospitality project being built in Punggol Digital District
Mapletree Logistics Trust posts 2.5% drop in Q4 DPU; manager warns of further headwinds
Abu Dhabi developer Aldar posts 88% in Q1 leap
Without a game changer, Sentosa Cove condos will continue underperforming
Church to tackle US housing crisis