The properties comprise four retail and 39 office units in Thong Teck Building – which was built in mid 1970s and upgraded in 2014. The property is also located on the fringe of the Orchard Road shopping, entertainment and hotel belt.
SINGAPORE (Sept 2): Top Global, the property developer and hospitality and facility manager, will acquire 23 freehold commercial strata-titled lots with 43 property addresses in Thong Teck Building at 15 Scotts Road.
The total purchase consideration of $170 million will be funded fully in cash, through a combination of bank financing and internal cash resources.
