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.