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ABI Plaza said to be on the market

Industry watchers expect price tag may surpass S$280 million

Kalpana Rashiwala

Kalpana Rashiwala

Published Thu, Jun 25, 2020 · 09:50 PM
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Singapore

ABI Plaza, a 12-storey freehold office building with triple frontages along Keppel, Tanjong Pagar and Lim Teck Kim roads, is understood to be on the market.

Market observers suggest the pricing expectation may be above S$280 million.

ABI Plaza's owner - listed MYP Ltd, controlled by the family of Indonesian tycoon Tahir - paid S$175 million for the property in 2011. This worked out to around S$1,890 per square…

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