Rail Mall owners seeking buyers
Singapore
RAIL Mall, a stretch of shopping and dining outlets in a rustic part of Upper Bukit Timah Road, has been put on the market.
Besides 43 road-fronting units, the 105,561 sq ft site also comes with 95 carpark lots.
Ku Swee Yong, chief executive of International Property Advisor, said the development could be worth S$30 million, or about S$300 psf of land area.
According to newspaper advertisements put up last week, it has a lettable floor area of 49,766 sq ft and comes with 28 years le…
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