SUBSCRIBERS

Realty Centre going for S$165m in year's first commercial en bloc

The freehold site in Enggor Street is within the Tanjong Pagar Master Plan, slated for urban transformation

Published Mon, Jan 7, 2019 · 09:50 PM

    Singapore

    REALTY Centre, an office building located at 15 Enggor Street within the Central Business District, has been put up for collective sale with a reserve price of S$165 million, marketing agent Cushman & Wakefield said on Monday.

    The freehold site, which has a land area of 1,021.9 square metres or approximately 11,000 sq feet, is zoned for commerical use under the Urban Redevelopment Authority's 2014 Master Plan with a plot ratio of 5.6 times and a maximum storey height of 35 storeys. The site can yield approximately 61,598 sq ft of gross floor area upon redevelopment (see amendment note).

    Copyright SPH Media. All rights reserved.