CCP Elegant Group entity buys The Clementi Mall for S$809 million. 可以吗?

[Yuletide]

 

[Yuletide]

Enjoy your high cost of living with no corresponding increase in quality of life. You get what you voted for chaosinkies!

 

[Yuletide]

Elegant Group entity buys The Clementi Mall for S$809 million​

News
https://www.businesstimes.com.sg/property/elegant-group-entity-buys-clementi-mall-s809-million

The price works out to about S$4,100 psf on net lettable area; the net yield is 4.1%

[SINGAPORE] An entity linked to Zhao Zhichao of The Elegant Group is said to have inked a deal to buy The Clementi Mall for S$809 million from Cuscaden Peak Investments.

This is 8 per cent higher than the indicative guide price of about S$750 million for the mall reported by The Business Times in August.

The S$809 million price works out to about S$4,100 per square foot based on a net lettable area of around 195,772 sq ft; the net yield is about 4.1 per cent based on the net price inclusive of buyer’s stamp duty

The mall is on a site with a 99-year leasehold tenure that began on Aug 31, 2010, leaving a balance term of close to 84 years. The property is a stone’s throw from The Elegant Group’s Grantral Mall@Clementi, formerly known as CityVibe.

2x Clementi malls (both near MRT station) is linked to "赵家"

Is this the same Zhao Zhichao?

 

[tobelightlight]

Okay, boycott Clementi mall Liao.. I go to malls in KL. Good luck sinkies.mnothing good will come out from being ball-less.

 

[jurongkechil]

5 yik sergent lei luo 500 mil only. This one 300 mil more..