(November 14 13:04) Sbr.com.sg
Submitted By:
Staff Reporter
Case Study:
No
The property’s management team says the building needs a revamp.
Commercial real estate service Colliers International announced that The Arcade at 11 Collyer Quay in District 1 will be put up for collective sale via tender for $780m, starting 14 November 2019.
The reserve price of $780m translates to an estimated land rate of $2,833 per square foot per plot ratio (psf ppr). The property sits on a 2,035.4 square metre site with a 999-year land tenure, having built in April of 1826.
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