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OCBC withdraws 2 properties after tender closing

2 Mount Elizabeth Link, Lavender shophouses were launched through separate tender exercises last Sept

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Above: It is not clear if the S$138m guide price for the Lavender shophouses was met.

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Above: The tender for 2 Mt Elizabeth Link is said to have drawn a handful of bids with the S$230m indicative price surpassed.

Singapore

OVERSEA-CHINESE Banking Corporation has withdrawn from sale two freehold properties which it had put up for tender last year: a serviced residence block at 2 Mount Elizabeth Link, and a portfolio of 32 shophouses along Lavender Street and Serangoon Road.

The two...