Asia Green in Tampines up for sale at indicative price of S$470m

Citi Commercial Pte Ltd

ASIA Green, a premium Grade A commercial development located at 7 and 9 Tampines Grande has been put on the market via an expression of interest (EOI) exercise at an indicative price of S$470 million or S$1,645 per square foot based on its total net lettable area.

Built in 2009, the property comprises 2 blocks of 8-storey office towers linked by a double-volume entrance lobby with retail and food and beverage units on the ground floor, said its joint marketing agents, Cushman & Wakefield and JLL Singapore in a statement on Friday (May 20).

Sitting on an 86,110 square foot (sq ft) site with a total net lettable area of 285,559 sq ft, Asia Green also has an existing strata subdivision approval with 23 separate strata titles and a total strata area of 319,249 sq ft, providing the buyer with the option of holding the property as a whole or for sale as individual strata floors.

The agents said the property, which recently completed an asset enhancement initiative to the main lobby areas, is well-connected via both private and public transport, with the Tampines MRT Interchange Station within a short walk and linking commuters to both East-West and Downtown lines.

The EOI exercise for Asia Green will close on Jun 28 at 3 pm.

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