http://www.theedgeproperty.com.sg/co...sold-32516-psf

JUST SOLD: Ground-floor shop at The Arcade sold for $32,516 psf

By Esther Hoon | December 24, 2015 2:54 PM MYT
Tags: The Arcadeshopjust sold
A 43 sq ft ground floor shop at The Arcade recently made history as the most expensive commercial property (in psf terms) recorded in Singapore. The retail unit was sold on 9 December 2015 for $32,516 psf or $1,400,000 and has an estimated remaining lease of 63 years. It is currently occupied by a money changer.

The Arcade is a 99-year leasehold commercial building comprising of office and retail units at Collyer Quay.



Recent transactions at the Arcade

Source: URA, The Edge Property



The Arcade at Collyer Quay


http://www.theedgeproperty.com.sg/co...sold-32516-psf