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ARA sells six levels at Suntec City for about S$160m to Alpha Investment Partners

ARA is selling five levels in Suntec Tower One (on the left) and a low floor in the adjacent Tower Two.

The Murdaya family behind Indonesian conglomerate Central Cipta Murdaya is buying another three floors at The Octagon in Cecil Street for nearly S$45.5 million.


THE wave of office investment sales continues as investors ride on the Singapore office rental recovery story. Two substantial deals involving strata offices were recently sealed - one in Suntec City, and the other at The Octagon in Cecil Street.

A fund managed by ARA...

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