20 Jun '13, 1pm

New: Singapore Property News This Week #108

Raffles Medical Group (RMG) has put the commercial podium at Thong Sia Building up for tender sale, after its plan of building a new medical centre failed. The podium consists of 8 strata-titled units from level 1 to 7. The retail and office unit sizes range from 710 square feet to 8,826 square feet, with their price between $2,500 and $6,000 per square foot. Thong Sia Building is opposite the Paragon shopping centre, and is a freehold mix-use commercial and residential property. Jones Lang LaSalle (JLL) agent is the exclusive agent handling the sale. JLL claimed that the units can be up to $35 million in price and would provide more freehold, retail and office strata units in the Orchard Road area. Lower floors are expected to attract flagship store developers , while upper floors are suitable for offices. The tender ends at 3 pm on July 15.

Full article: http://www.propwise.sg/singapore-property-news-this-week-...

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