Goldhill Shopping Centre in Novena up for en bloc sale

At S$425m, it presents an opportunity for developers to create a "landmark" commercial development

Goldhill Shopping Centre, which consists of three blocks of walk-up commercial units, is the first fully commercial collective sale site to be launched this year, with the tender set to close on June 27, 2018.

Singapore

NOVENA's Goldhill Shopping Centre has been launched for collective sale with a reserve price of S$425 million, announced property services firm Cushman & Wakefield, the agent handling the tender exercise.

With a development charge of around S$61.2 million, the land