The historical Individuals’s Park Centre has actually been put up for sale through cumulative tender at a get cost of $1.8 billion. Age has actually been designated as the single advertising and marketing company.
Located at 101 Upper Cross Street, the development is beside the Chinatown MRT Station (on the North-East Line and Downtown Line) and also a short drive to the CBD.
Presently, the mixed-use growth contains 324 retail units, 256 workplace devices as well as 120 property units, as well as a carpark.
Completed in 1970, the 99-year leasehold website extends a land area of 95,457 sq ft with an allowable gross plot proportion of 8.6, converting to a maximum built-up area of 821,017 sq ft. ERA approximates the land price at $2,620 psf ppr after taking into account the differential costs and also lease top up to a fresh lease.
Individuals’s Park Centre is positioned …
