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Soon Hock Group buys freehold Ching Shine Industrial Building en bloc for $113.2 mil

Summary by edgeprop.sg
Sole marketing agent JLL announced that commercial and industrial developer Soon Hock Group has emerged as the buyer of Ching Shine Industrial Building at the close of the tender on April 3. Soon Hock had submitted a bid of $113.2 million, just a shade above the minimum price of $113 million set by JLL. The tender received live bids, says Nicholas Ng, senior director of capital markets at JLL Singapore, who handled the collective sale. "Given it…
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Soon Hock Group buys freehold Ching Shine Industrial Building en bloc for $113.2 mil

Sole marketing agent JLL announced that commercial and industrial developer Soon Hock Group has emerged as the buyer of Ching Shine Industrial Building at the close of the tender on April 3. Soon Hock had submitted a bid of $113.2 million, just a shade above the minimum price of $113 million set by JLL. The tender received live bids, says Nicholas Ng, senior director of capital markets at JLL Singapore, who handled the collective sale. "Given it…

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edgeprop.sg broke the news in on Saturday, April 5, 2025.
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