Lian Huat Building in Tras Street fetches S$90 million, among latest sub-S$100 million Singapore deals
Separately, Macau’s Loi family is selling units in Holland Road Shopping Centre and its car park for S$84 million; CDL and MCL Land said to be divesting Piccadilly Galleria to Koufu
[SINGAPORE] Sub-S$100 million commercial properties continue to be in demand by property investors.
Lian Huat Building, an 11-storey, freehold commercial property at 163 Tras Street in the Central Business District (CBD), has fetched S$90 million.
The buyer is a consortium said to include Apricot Capital, Oxley Holdings’ deputy chief executive officer Eric Low, and co-living operator The Assembly Place.
TRENDING NOW
When every phone becomes a satellite phone, what happens to Asia’s telcos?
Koh Brothers Eco Engineering faces up to S$57.6 million in potential liabilities from legal disputes
Too little, too late? Manila’s billion-dollar bid to ignite its sputtering EV industry
DayOne secures S$530 million green loan from DBS, OCBC and UOB for Singapore data centre