Tuesday, August 7, 2012

DTZ holds expressions-of-interest exercise for Toa Payoh property

SINGAPORE: Real estate agency DTZ is inviting interested parties to participate in an expressions-of-interest exercise for an industrial property located at 745 Lorong 5 Toa Payoh.

The four-storey light industry building has a 60-year tenure commencing January 19, 1970.

It sits on a land area of 44,906 square feet, and has a gross floor area of 83,342 square feet.

This site is zoned "Business 1" at plot ratio 2.5, translating into an allowable gross floor area of about 112,265 sq ft (10,429.75 sq m). 

The indicative price for the property is between S$23-S$25 million.

The closing date for this exercise is on Tuesday, September 18, 2012.

- CNA/cc

Martin Koh | 86666 944 | R020968Z
Sherry Tang | 9844 4400 | R020241C
Senior Sales Director
Email: marshe_inc@yahoo.com.sg
DTZ Debenham Tie Leung (SEA) Pte Ltd (L3006301G)

| www.marshe.sg | www.marsheproperties.com.sg | www.hudcsg.blogspot.com |
| www.hausatserangoon.sg | www.8riversuites.com |

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