SINGAPORE: Roxy Square in Katong has been put up for collective sale at a minimum price of S$1.25 billion (US$0.93 billion), marketing agent JLL said on Wednesday (Jul 24). Roxy Square is a freehold mixed-use development, comprising Roxy Square Shopping Centre and Grand Mercure Roxy Hotel.
Roxy Square in Katong is up for collective sale at a minimum price of S$1.25 billion. SINGAPORE: Roxy Square in Katong has been put up for collective sale at a minimum price of S$1.25 billion , marketing agent JLL said on Wednesday .
More than 80 per cent of the owners have consented to the collective sale at the minimum price, JLL said. The site can also be redeveloped to allow for sea views towards the south and unblocked views over shophouses, low-rise mixed-use buildings and landed residential estates towards the north. Executive director for capital markets at JLL Singapore Tan Hong Boon anticipates"significant interest" in the site.
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