Post by TK REAL ESTATE

#GuessHowMuch Based on a caveat lodged on 1st November, four adjoining units on the 19th floor of Prudential Tower were transacted for S$16,221,000. The combined strata area of 5,952 sq ft reflects a price of S$2,725 psf. Located at the corner of Cecil Street and Church Street, 30-storey Prudential Tower has a remaining land tenure of about 70 years. The seller had acquired the units back in May 2014 for S$12,975,360 (S$2,180psf), marking a significant capital appreciation over the 11-year plus holding period. Source : Urban Redevelopment Authority of Singapore (URA) #GuessHowMuch #PropertyPrices #PropertyTrends #URA #PrudentialTower #District1 #DistrictOne #StrataOffice #SingaporeOffice #RealEstateBridge #TKRealEstate #TKRE #RealEstate #CapitalMarkets #InvestmentSales #SingaporeCommercial