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Tuan Sing to sell Robinson Point for $500 million

The Edge Singapore
The Edge Singapore8/7/2020 9:22 PM GMT+08  • 2 min read
Tuan Sing to sell Robinson Point for $500 million
Tuan Sing can expect to book a gain of $128.3 million upon completion of the sale.
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Tuan Sing Holdings will be selling its 39 Robinson Road office property for $500 million. Robinson Point, as this property is called, was last valued by Colliers International Consultancy & Valuation (Singapore) at $374.4 million.

Tuan Sing can expect to book a gain of $128.3 million upon completion of the sale.

The 21-storey freehold property (seen here in a 2010 picture) has a gross floor area of 15,700 sqm and includes some retail and parking space as well. Significant refurbishment works were completed in 2015.

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