Tahir is top bidder for 110 Robinson Road
Indonesian tycoon is understood to have offered close to the S$45m indicative price for the freehold office block
Kalpana Rashiwala
Singapore
INDONESIAN tycoon and philanthropist Tahir looks poised to buy another Singapore office block. BT understands he is the highest bidder for 110 Robinson Road, which was put up for sale through a tender exercise that closed late last month.
Mr Tahir is understood to have offered close to the S$45 million indicative price for the 12-storey freehold office block. At S$45 million, the price translates to about S$3,162 per square foot based on the building's net lettable area (NLA) of 14,233 square feet.
TRENDING NOW
Fed hike throws Singapore banks a margin lifeline; UOB most likely to feel impact
He built the Vingroup empire. Now South-east Asia’s richest man is handing some key roles to his sons
Real-estate veteran Desmond Sim quits from CEO roles at Realion, ETC
Chagee, Mixue and Luckin won the market. Sustaining their edge is the harder part
