The Business Times
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SINGAPORE PROPERTY

Lian Huat Building in Tras Street fetches S$90 million, among latest sub-S$100 million Singapore deals

Separately, Macau’s Loi family is selling units in Holland Road Shopping Centre and its car park for S$84 million; CDL and MCL Land said to be divesting Piccadilly Galleria to Koufu

Summarise
Kalpana Rashiwala

Kalpana Rashiwala

Published Thu, Jul 31, 2025 · 10:47 PM
    • Lian Huat Building, at 163 Tras Street, is on a corner plot with a site area of 6,668 sq ft.
    • An artist's impression of Piccadilly Galleria, which will be directly connected to Farrer Park MRT station. The retail podium is expected to change hands in the mid-S$60 million range.
    • The Loi family will be exiting its investment in Holland Road Shopping Centre at a profit.
    • Lian Huat Building, at 163 Tras Street, is on a corner plot with a site area of 6,668 sq ft. PHOTO: GOOGLE MAPS
    • An artist's impression of Piccadilly Galleria, which will be directly connected to Farrer Park MRT station. The retail podium is expected to change hands in the mid-S$60 million range. ILLUSTRATION: CDL, MCL LAND
    • The Loi family will be exiting its investment in Holland Road Shopping Centre at a profit. PHOTO: BT FILE

    [SINGAPORE] Sub-S$100 million commercial properties continue to be in demand by property investors.

    Lian Huat Building, an 11-storey, freehold commercial property at 163 Tras Street in the Central Business District (CBD), has fetched S$90 million.

    The buyer is a consortium said to include Apricot Capital, Oxley Holdings’ deputy chief executive officer Eric Low, and co-living operator The Assembly Place.

    Singapore property

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