Will Goldhill Centre be bought by Simon Cheong or UOL?

Simon Cheong’s – SC Global Development, the developer of Newton 200, which is presently under construction, right next to Goldhill Centre on the former site of Shell petrol station (at the junction of Newton road and Thomson road).
Now that Goldhill Centre is up for en bloc sale and the tender is closing on Aug 19, [...]

Goldhill Centre going En Bloc

Since the beginning of this year, Goldhill Centre enbloc sale committee has been trying to reach its 80% consent from owners at the owners at Goldhill Centre. Just located opposite the Inland Revenue Authority of Singapore [see map]. Also known as Goldhill Shoppping Centre, its old rustic look juxtaposed against modern architecture of Velocity @ Novena.
Goldhill Centre going En Bloc
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Office rents still expected to go up

There doesn’t seem to be any letting up on the space crunch for office space, especially Prime Grade A office space in Singapore. Given that it is expected to continue to climb 10% if not more for the rest of the year and probably into the early part of 2009. Given such news, I’m not [...]

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