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Sultan Plaza launches collective sale with reserve price of S$380m

The price works out to a land rate of approximately S$1,860 psf ppr for the 99-year leasehold development

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The 244-unit Sultan Plaza, built in the 1970s, sits on a land area of 52,471 square feet and is zoned for commercial use.

Singapore

SULTAN Plaza - a 244-unit, 99-year leasehold development located on Jalan Sultan just off Beach Road - is up for collective sale, after receiving a mandate from over 80 per cent of the owners in favour of the en bloc exercise.

The full commercial site will launch a public

sentifi.com

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