Ming arcade in orchard sold en bloc for s$172m, tenants get up to s$30m per unit
MustShareNews·2022-12-17 12:08
In recent years, en bloc sales have become a popular way for developers to acquire land and buildings for redevelopment in Singapore.
Ming Arcade, a commercial building near Orchard Road in Singapore, has recently been sold en bloc to Royal Group for S$172 million.
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Singapore Property News
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Good luck 0716 22/12/2022
Good as to know that Ming Arcade received multiple bids at high prices. Some of these bids were about 34% above the reserve price.
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Ah Keng 19/12/2022
早上好🌞good morning and 🥰
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Ian Dian 18/12/2022
The figures apparently range from S$750,000 to about S$30 million for each unit, depending on the size from 13 sq m to 620 sq m.
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Usere33e 18/12/2022
Ya orchard road shopping centres will only survive selling to tourist or New York food court price
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wizard 22/12/2022
I remember the best thing about Ming Arcade was the night club called Rainbow
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