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Arcade Record Price

Posted by knockshallbeopened on January 30, 2016
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Recent transaction at The Arcade at Collyer Quay had made history as the most expensive commercial property in the history of Singapore real estate market where a 43 sq ft ground floor shop was sold at a exorbitant record price of $32,516 psf or $1,400,000.  This retail unit transacted on 9 December 2015 has an estimated remaining lease of 63 years and is currently occupied by a money changer. 

Transaction History

Address Area (sq ft)  Transacted Price ($)  Unit Price ($ psf) Contract Date
11 Collyer Quay  #01-xx 43 1,400,000 32,516 9-Dec-15
11 Collyer Quay  #01-xx 377 2,850,000 7,565 20-Jul-15
11 Collyer Quay  #06-xx 1,055 2,700,000 2,560 18-May-15
11 Collyer Quay  #02-xx 280 2,250,000 8,040 10-Apr-15
11 Collyer Quay  #02-xx 65 780,000 12,077 13-Feb-15
11 Collyer Quay  #01-xx 248 1,950,000 7,876 5-Jan-15

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