Realty Centre going for S$165m in year's first commercial en bloc

Singapore

REALTY Centre, an office building located at 15 Enggor Street within the Central Business District, has been put up for collective sale with a reserve price of S$165 million, marketing agent Cushman & Wakefield said on Monday.

The freehold site, which has a land area of 1,021.9 square metres or approximately 11,000 sq feet, is zoned for commerical use under the Urban Redevelopment Authority's 2014 Master Plan with a plot ratio of 5.6 times and a maximum storey height of 35 storeys. The site can yield approximately 61,598 sq ft of gross floor area upon redevelopment (see amendment note).