CBRE has been appointed to find a buyer; fresh food distribution centre on the 263,900 sq ft site is expected to be replaced by a bigger new facility in Sunview Road
[SINGAPORE] NTUC FairPrice Co-operative’s freehold industrial property at the corner of Upper Thomson Road and Tagore Drive has been put up for sale.
Industry observers expect the indicative price to be in the region of S$300 million, which works out to about S$568 per square foot per plot ratio (psf ppr).
CBRE has been appointed to market the property at 680 Upper Thomson Road, and is conducting an expression of interest exercise.