2 non commercial locations– Sophia Ville as well as Fair Haven– were moved by JLL to a local creator for $sixty two mil, announced Singapore Business Review.

Placed on the in demand Sophia Road, the pair adjoining collective transaction sites carry a merged space of 23,828 square foot furthermore were collectively opened for tender in end Aug.

The sites might be redeveloped toward a supreme domestic property with full floor surface dimension of beyond 50K square foot.

The transaction happens after at least 80 percent of the homeowners have approved the shared deal subject to complying multiple conditions.