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Macpherson Industrial Complex sold for $103.9 mil, 17% above asking price

Summary by edgeprop.sg
Macpherson Industrial Complex has been sold for $103.9 million on its first collective sales attempt, says ETC, the marketing agent facilitating the sale. The selling price reflects a land rate of $831 psf per plot ratio (ppr), 17% higher than its initial guide price of $710 psf ppr.  The freehold industrial property is an eight-storey building with a 98m frontage along Lorong Bakar Batu. The property sits on a regular-shaped land parcel spannin…
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edgeprop.sg broke the news in on Friday, May 23, 2025.
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