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JUST SOLD: Ground-floor shop at The Arcade sold for $32,516 psf
By Esther Hoon | December 24, 2015
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A 43 sq ft ground floor shop at The Arcade recently made history as the most expensive commercial property (in psf terms) recorded in Singapore. The retail unit was sold on 9 December 2015 for $32,516 psf or $1,400,000 and has an estimated remaining lease of 63 years. It is currently occupied by a money changer.

The Arcade is a 99-year leasehold commercial building comprising of office and retail units at Collyer Quay. 

 

Recent transactions at the Arcade

Source: URA, The Edge Property



The Arcade at Collyer Quay

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