{"id":26408,"date":"2026-01-07T06:43:38","date_gmt":"2026-01-06T22:43:38","guid":{"rendered":"https:\/\/sgbuzz.com\/?p=26408"},"modified":"2026-01-07T06:43:38","modified_gmt":"2026-01-06T22:43:38","slug":"part-of-centrepoint-mall-up-for-en-bloc-sale","status":"publish","type":"post","link":"https:\/\/sgbuzz.com\/?p=26408","title":{"rendered":"Part of Centrepoint mall up for en bloc sale"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div>\n<p dir=\"ltr\"><span>The guide price translates to S$2,709 per square foot per plot ratio, after factoring in the land betterment charge of S$260 million for topping up the land tenure to a fresh 99-year lease.<\/span><\/p>\n<p dir=\"ltr\"><span>The property at 176A Orchard Road has 52 years remaining on its lease, a site area of approximately 44,700 sq ft and a gross floor area of 250,320 sq ft.\u00a0<\/span><\/p>\n<p dir=\"ltr\"><span>The site is currently zoned for commercial use under the 2025 Master Plan and has a gross plot ratio of 5.6 and a height control of up to 10 storeys.<\/span><\/p>\n<p dir=\"ltr\"><span>&#8220;Developers have been bidding aggressively for government land sale sites and some of these will be keen to buy a part of The Centrepoint,&#8221; said Jeremy Lake, managing director of Investment Sales and Capital Markets at Savills.<\/span><\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.channelnewsasia.com\/singapore\/centrepoint-public-tender-collective-sale-part-strata-units-commercial-real-estate-5822976\" target=\"_blank\" rel=\"noopener\">Read Full Article At Source <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The guide price translates to S$2,709 per square foot per plot ratio, after factoring in the land betterment charge of S$260 million for topping up&#8230;<\/p>\n","protected":false},"author":1,"featured_media":26409,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/dam.mediacorp.sg\/image\/upload\/s--KKd3TiWI--\/c_crop,h_734,w_1305,x_1,y_509\/c_fill,g_auto,h_676,w_1200\/f_auto,q_auto\/v1\/mediacorp\/cna\/image\/2026\/01\/06\/view_from_carpark_of_the_centrepoint_mcst_1304_small.jpg?itok=ceUj0iUY","fifu_image_alt":"","footnotes":""},"categories":[2],"tags":[10238,15365,1584,1397,1305],"class_list":["post-26408","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-buzz-news-sg-global","tag-bloc","tag-centrepoint","tag-mall","tag-part","tag-sale","wpcat-2-id"],"_links":{"self":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/26408","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=26408"}],"version-history":[{"count":0,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/26408\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/media\/26409"}],"wp:attachment":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26408"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26408"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26408"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}