Green Court in Geylang relaunched for en bloc sale; owners expect more than S$28m

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GREEN Court, a freehold mixed-use development along Geylang Road, has been relaunched for collective sale by tender, sole marketing agent Knight Frank Singapore said on Wednesday. Read more at The Business Times.

Green Court, which is near the junction of Geylang Road and Lorong 28 Geylang, is close to retail malls and office buildings in Paya Lebar Central and Tanjong Katong. The site is a 10-minute drive to the Central Business District , Marina Bay and Tanjong Pagar. Aljunied MRT station on the East-West Line is about a seven-minute walk away, and Dakota MRT station on the Circle Line, about a 10-minute walk away.

Located in the vicinity of the developing Paya Lebar Central, Green Court is expected to benefit from the rejuvenation of the area, which is slated to be one of the upcoming alternative hubs to the CBD, Knight Frank said. Added Ian Loh, Knight Frank Singapore's head of capital markets for land and building, collective and strata sales:"As one of the key areas identified for growth in commercial business and culture, Paya Lebar Central is part of the URA's decentralisation strategy to provide alternatives for businesses to move away from the CBD and to create jobs closer to home."For daily updates on weekdays and specially selected content for the weekend.

 

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