SINGAPORE - The sun is setting on a popular Chinese restaurant in the west, with its owners looking to retire and sell the shop space for at least $15 million.
They have appointed Savills Singapore to sell by tender the shop, which occupies 11,248 square feet of space and is about 200 metres from Jurong East MRT station.
The space has a remaining lease of 69 years taken from the Housing and Development Board (HDB).
Savills said the owners have set a reserve price of $15 million, or $1,334 per square foot, on the sale.