As reported in the 9.30pm news on Channel 5 tonight, Hong Leong Garden Shopping Centre has been sold in a collective sale to a consortium led by Oxley Holdings. The transacted price is said to be $170 million, which translates to about $800psf ppr.
This is supposedly the largest en bloc deal in 2011 so far in terms of dollar value.
Click below to read our previous post on this en bloc sale:
http://sgproptalk.blogspot.com/2011/08/enbloc-news-hong-leong-garden-shopping.html
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