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Singapore STI Market Trade on up side and finally at above of 3020. bullish trend will continue form tis stage & market really will continue.
Shenton House up for collective sale by tender
Prime commercial property, Shenton House, is on Wednesday up for collective sale by tender, with an indicative price of $530 million.
The leasehold property with a land area of 3,377 sq m, is zoned for 'Commercial' and carries a plot ratio of 11.2+, with building height control of up to 35-storey. The site has the potential to be redeveloped into a new development at a plot ratio of 11.76 with maximum gross floor area of 39,713.5 sq m, as it is eligible for a 5 per cent plot ratio over and above the base plot ratio. Tender for the site will close on April 19, at 3pm.
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