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Serangoon building back on market at lower price

Freehold six-storey commercial building relaunched at S$46-49 million, down from S$52 million in September

Nisha Ramchandani

Published Thu, Jan 17, 2019 · 09:50 PM

Singapore

A FREEHOLD six-storey commercial building at 291 Serangoon Road is being relaunched for sale at a lower price of between S$46 million and S$49 million.

The property was previously put up for sale last September with a guide price of S$52 million.

Upon the close of the Expression of Interest (EOI), a few offers that fell short of the owner's expectations were received, said marketing agent JLL. The property was subsequently withdrawn.

Located within a short walking distance to Farrer Park MRT station, 291 Serangoon Road is located on a corner plot and commands a 3…

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