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Maxwell House reserve price lowered to S$268m in second bid at collective sale

Asking price for 41,799 sq ft CBD site at the first launch was S$295m

Vivienne Tay
Published Thu, Apr 8, 2021 · 05:50 AM

Singapore

MAXWELL House is up for collective sale via a second public tender at a lower reserve price of S$268 million, from S$295 million in the first launch, appointed property consultant Cushman & Wakefield said on Wednesday.

Located at 20 Maxwell Road, the 13-storey commercial building sits on a trapezoidal island plot spanning 41,799 square feet (sq ft), with views from all four sides of the building.

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