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GSH sells office units in Cecil Street for $38.8 mil

Felicia Tan
Felicia Tan • 1 min read
GSH sells office units in Cecil Street for $38.8 mil
20 Cecil Street (seen here in a file photo when it was called GSH Building), is where GSH Corp’s office is located. Photo: Samuel Isaac Chua/The Edge Singapore
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GSH Corporation has agreed to sell its nine strata office units on the 28th floor of 20 Cecil Street for a consideration of $38.8 million.

The sale and purchase agreement (SPA) was signed with an unnamed purchaser, which is an unrelated party, on July 12.

The nine units have a combined gross floor area (GFA) of approximately 901 sqm (9,698.28 sq ft). Based on independent valuer, RHT Valuation’s report dated July 7, the property has a valuation of $37 million.

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