Developer: Feature Development Pte Ltd (Tong Eng Group)
Address: 320 Serangoon Road, Singapore 218108
Total Units: 231
Carpark lots: 124 + 4 accessible
Expected TOP Date: 31 December 2023
CENTRIUM SQUARE (formerly Serangoon Plaza) is developed by Feature Development, a unit of Tong Eng Group. Tong Eng Group is the developer of ARC380, Three Balmoral, Goodwood Grand and Belgravia Villas.
Strategically located in the heart of city fringe, Centrium Square is easily accessible via major roads, expressway and just 3min walk to Farrer Park Mrt Station and City Square Mall. With the 115m wide and prominent frontage facing the Serangoon Road, Centrium Square will be the next landmark in Serangoon.
The 19 storey mixed-use commercial development will comprise of 231 strata units: 143 office units (9th to 19th floor), 39 medical suites (6th to 8th floor) and 49 retail shops (1st to 2nd floor). There is a 12m high covered Sky Terrace on the 5th floor.
Office unit sizes range from 570sf to 1012sf, with prices starting from $1,466,700. Medical suite sizes range from 581sf to 1012sf.
All office and medical suites are column-free and have 4.9m floor-to-floor height (intermediate floor deck possible), with individual toilet and provision of AC ledge (to allow owners to install their own aircon to serve their unit after business hours). Office units have shower facilities
Bangladeshi group pays S$135m for Centrium Square's retail space
Singapore vehicle of tycoon Mohd Saiful Alam paying S$4,967 psf for the freehold asset
Business Times, Jul 9, 2016
ALL the retail space of Centrium Square, which will come up on the current Serangoon Plaza site in Little India, is understood to have been sold to a foreign investor for S$135 million. This works out to S$4,967 per square foot based on the freehold strata area of 27,179 sq ft - all on the first two levels.
The purchase is being made made by Canali Logistics, a Singapore-incorporated vehicle of Mohammed Saiful Alam, who controls Bangaldeshi conglomerate S Alam Group, which is involved in a range of activities, including agrobusiness, consumer products, cement, steel, power, energy, transportation, shipping, manufacturing, trading and property …..
(con'td on WWW.PROPERTY2030.COM)
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