Half of released office units at Woods Square sold

Singapore

RIDING on a government-led initiative to transform Woodlands into a commercial hub, Far East Organization has sold half of the released 124 strata office units in Woods Square, an integrated development it is jointly developing with Sekisui House and Far East Orchard. Prices ranged from S$1,700 to S$2,230 per square foot (psf).

For the first time, it will also be consolidating its satellite operations under one roof, taking up some 70,000 sq ft or three-and-a-half floors in the office tower that it is retaining for lease.

"It shows our confidence in this product and this location," Far East chief op…