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Serene Centre launched for sale via tender at $120 million

Business News - Serene Centre, a prime mixed-use development at the corner of Bukit Timah Road and Farrer Road, will be launched for sale via tender for the first time on Friday at a reserve price of $120 million. Built in the 1980s, the freehold four-storey commercial/residential. Read more at www.tnp.sg

HVS Asia Pacific Hospitality Newsletter - Week Ending 14 January 2022

MUI Group Has Sold an UK Hotel for GBP6.5 Million, Golden Union Assets Acquire USD31 million Shanghai Co-living Property, Sultan Plaza up for Collective Sale with SGD360 million Reserve Price, Novaland Ties up with VinaLiving and Fusion Hotel Group to Further Develop Aqua City, Pelican Paradise Group is Building a Multi-million Resort in Timor-Leste.

Sultan Plaza back up for collective sale with $360m price tag

Sultan Plaza is back on the market again in what appears to be the first-ever en bloc attempt since the new cooling measures kicked in. The developmentā€™s previous en bloc attempt was first launched in January 2019 and carried a $380 million price tag. According to sole marketing agent Teakhwa Real Estate, the current guide price has been lowered to.

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