GSH Corp said to have bought the top floor of GSH Plaza for S$31m
Price works out to an average of S$3,192 psf on a strata area of 9,709 sq ft
Singapore
SAM Goi's GSH Corporation is understood to have bought up all the nine strata office units on the top floor of the 28-storey GSH Plaza, which is situated next to Republic Plaza in Raffles Place.
The company is paying nearly S$31 million, which works out to an average price of S$3,192 per square foot (psf) on a strata area of 9,709 square feet.
This is slightly higher than the S$3,055 psf fetched for the 10 strata units that make up the building's 26th level in June 2015.
That deal amounted to S$31.63 million and involved a total strata area of 1…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
US 30-year mortgage rate rises to five-month high of 7.24%
Money laundering accused Su Baolin’s Sentosa property goes unsold at auction
US Judge approves US$418 million settlement that will change real estate commissions
In San Francisco, a home renovation can become a battle royale
Country Garden extends bonds to avoid first local default
Daughter of Chinese steel-and-nickel tycoon picks up S$84 million Bin Tong Park bungalow