Singapore Business Review
COMMERCIAL PROPERTY | Staff Reporter, Singapore
Published: 02 April 2013
All 93 retail units snapped up in one day.
According to Colliers International, towards the end of March, all 93 retail units in Pavilion Square, a mixed development in Geylang Road, were snapped up in one day, with prices ranging from S$2,000 per sq ft to a whopping S$10,879 per sq ft.
Colliers notes that the top price that was achieved for a 118-sq-ft unit on the ground floor is a record for a retail unit outside the city and the Orchard Road shopping belt.
Pavilion Square is a freehold development expected to receive TOP in two years.
Martin Koh | 86666 944 | R020968Z
Sherry Tang | 9844 4400 | R020241C
Senior Sales Director
DTZ Property Network Pte Ltd (L3007960A)