EN BLOC SALE

Chinatown Plaza owners to get S$260m in collective sale

Buyer is a property unit affiliated to Singapore-based RGE

Located along Craig Road, Chinatown Plaza has a land area of about 33,953 square feet and is zoned for commercial and residential use.

PHOTO: EDMUND TIE & COMPANY

Singapore

CHINATOWN Plaza has been sold for S$260 million to a property unit affiliated to Singapore-based RGE (Royal Golden Eagle), the pulp and paper to palm oil giant founded by Sukanto Tanoto.

The price translates to a land rate of S$1,915 per square foot per plot ratio (psf