July 2022

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Strata industrial unit at Delta House on the market for sale and lease back at $30 mil

The unit occupies close to 65% of the entire floor, and also represents concerning 10% of the total strata location and also overall share worth at Delta House. The seven-storey flatted manufacturing facility has a preschool on the initial storey, with upper stories housing production spaces, warehouses and supplementary workplaces.
The sale undergoes existing occupancies with staggered lease expiry days. According to Zeng, the supplier prepares to rent back most of the room that it’s occupying. The device has home windows on three sides, direct passenger and also cargo lift gain access to in addition to 8 scheduled parking spaces.

Located in the city fringe, Delta House is within 700m strolling range to Tiong Bahru MRT terminal, near Tiong Bahru Plaza, Valley Point and also Great World City. It’s just a seven-minutes’ drive to the CBD.

Artra Location

JLL’s Zeng expects to see rate of interest from both manufacturers as …

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Kingsford and MCC Land behind $890 mil bid for Chuan Park in biggest en bloc deal of 2022 so far

Word on the street is that Chinese developers Kingsford Development as well as MCC Land are the celebrations behind the $890 million deal for Chuan Park. Previously on July 15, a notification was sent out by the collective sale committee chairperson of Chuan Park condo to all strata proprietors, introducing that a conference will certainly be hung on Monday, July 25 at 7.30 pm “to offer info concerning the collective sale”.

Chuan Park has 444 condominium systems and two shop devices in the growth. It is located beside Lorong Chuan MRT station
Completed in 1984/85, the existing Chuan Park has 444 condominium systems as well as 2 strata industrial units resting on a 400,588 sq feet site with a story ratio of 2.1. The site is located next to the Lorong Chuan MRT station on the Circle Line.

Age Realty, the marketing agency for Chuan Park, declined to comment for …