71 Robinson Road quietly put on the market
The property has been offered to potential buyers at S$2,850 psf - below the S$3,125 psf, its 2008 selling price
Singapore
STEALTH marketing is going on at 71 Robinson Road, which was last transacted in April 2008 at a then-record price of S$3,125 per square foot.
The Business Times understands that an expression-of-interest exercise to find a buyer for the 15-storey office block began without publicity in April, with the appointed marketing agents, CBRE and JLL, approaching a small pool of potential buyers.
Submissions of offers by potential buyers were made last month; building owner Commerz Real is still in talks with shortlisted parties, BT understands.
The word in the street is that the building, with almo…
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