The historical Individuals’s Park Centre has been put up for sale via cumulative tender at a reserve cost of $1.8 billion. ERA has been assigned as the sole advertising and marketing firm.
Copen Grand
Located at 101 Upper Cross Street, the growth is next to the Chinatown MRT Station (on the North-East Line and Downtown Line) as well as a short drive to the CBD.
Currently, the mixed-use growth contains 324 retail units, 256 office units and also 120 domestic systems, in addition to a carpark.
Completed in 1970, the 99-year leasehold site spans an acreage of 95,457 sq ft with an allowed gross story ratio of 8.6, translating to a maximum built-up area of 821,017 sq ft. ERA estimates the land cost at $2,620 psf ppr after taking into account the differential costs as well as lease top up to a fresh lease.
People’s Park Centre is positioned in the historical area of Chinatown. Famous landmarks including the Chinatown Heritage Centre and also Upper Barracks remain in the location. Chinatown Point and China Square Central are retail malls that are popular with residents and travelers. University such as River Valley Primary School, Zhangde Primary School as well as Outram …