SUBSCRIBERS

Maxwell House up for collective sale at S$295m reserve price

The site area is 41,801 sq ft and can be rezoned for mixed-use commercial and residential development

Fiona Lam
Published Mon, Sep 21, 2020 · 09:50 PM

Singapore

COMMERCIAL building Maxwell House has been launched for collective sale via a public tender, the appointed property consultant Cushman & Wakefield said on Monday.

Owners holding not less than 80 per cent by strata area and share value have agreed to put the property on the market at a reserve price of S$295 million.

Located at 20 Maxwell Road, the 13-storey property is built on a trapezoidal island plot with views from all four sides of the building.

The site spans an area of about 41,801 square feet (sq ft), and is zoned for commercial use with a plot ratio of 4.3 under the Urban Redevelopm…

A NEWSLETTER FOR YOU
Tuesday, 12 pm
Property Insights

Get an exclusive analysis of real estate and property news in Singapore and beyond.

KEYWORDS IN THIS ARTICLE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Property

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here