The Eu Yan Sang Building in Chinatown has been launched for sale with a guide price of $62.5 million, it was announced yesterday. The building was erected in 1910 and housed the first traditional Chinese medicine Eu Yan Sang outlet in Singapore, set up by its founder Eu Tong Sen. It was designed by architect Alfred Bidwell, who also drew up the plans for Raffles Hotel and Victoria Memorial Hall. The building is now a row of four conservation shophouses leased by Eu Yan Sang's flagship store, two hostels and a law firm. The three-storey shophouses at 265 to 271 South Bridge Road are in the Telok Ayer conservation area and owned by EU Realty (Singapore), a unit of Eu Yan Sang International, said marketing agent JLL. They sit on a combined land area of 6,262 sq ft and have a gross floor area (GFA) of 19,885 sq ft. There is also a 2,562 sq ft open terrace on the fourth floor that overlooks Chinatown. The $62.5 million price guide works out to about $3,150 per sq ft (psf) based on GFA, and … [Read more...] about Iconic Eu Yan Sang Building up for sale
44 inch ground hawgs for sale
Iconic Eu Yan Sang Building up for sale at S$62.5m
SINGAPORE: The iconic Eu Yan Sang building in Chinatown has been put up for sale with a guide price of S$62.5 million, announced the property’s marketing agent JLL in a news release on Monday (22 Jul).The building, where Singapore’s first Eu Yan Sang traditional Chinese pharmacy was located at, was built in 1910.Comprising a row of four three-storey heritage shophouses, the building was designed by Alfred Bidwell from the firm Swan & Maclaren, the architect responsible for the design of the Raffles Hotel and Victoria Memorial Hall.Located at 265 to 271 South Bridge Road, the property's tenants currently include Eu Yan Sang's flagship store, two hostels and a law firm.Together, they sit on a combined land area of 6,262 sq ft and have a gross floor area (GFA) of 19,885 sq ft. The property also has a large 2,562 sq ft open terrace on the top floor, which overlooks the entire Chinatown district.It is within walking distance to the Chinatown and Telok Ayer MRT … [Read more...] about Iconic Eu Yan Sang Building up for sale at S$62.5m
Iconic Eu Yan Sang Building in Chinatown up for sale
SINGAPORE - The iconic Eu Yan Sang Building in Chinatown has been launched for sale with a guide price of $62.5 million, the property's exclusive marketing agent JLL said on Monday (July 22). Built in 1910, it housed the first traditional Chinese medicine Eu Yan Sang outlet in Singapore set up by its founder Eu Tong Sen. The building was designed by Alfred Bidwell from the firm Swan & Maclaren, who was also responsible for the design of the Raffles Hotel and Victoria Memorial Hall. Current tenants of what is now a row of four conservation shophouses are Eu Yan Sang's flagship store, two hostels and a law firm. Located at 265 to 271 South Bridge Road within the Telok Ayer conservation area, the three-storey shophouses sit on a combined land area of 6,262 square feet (sq ft) and have a gross floor area (GFA) of 19,885 sq ft. The property also has a large 2,562 sq ft open terrace on its fourth floor which overlooks the entire Chinatown district. Its guide price of $62.5 million works … [Read more...] about Iconic Eu Yan Sang Building in Chinatown up for sale
Rugby giants Leicester Tigers put up for sale
LONDON: Leicester Tigers have been put up for sale as the club seeks fresh investment to recover its status at the top of the English and European rugby. The Midlands club remain England’s most successful of the professional era, winning the Premiership 10 times and European Cup twice. However, the Tigers have not won the league title since 2013 and faced a battle against relegation last season, eventually finishing second from bottom. Despite that fall from grace, Leicester’s games still attract the highest TV audiences and biggest crowds in England. “Leicester Tigers has today announced plans for the sale of the club alongside a full strategic review as part of long-term plans to reclaim its status as a dominant force in English and European rugby,“ Leicester said in a statement. The club added that private equity firm CVC’s purchase of 27% of Premiership Rugby in December had led to several approaches from new investors. The CVC deal was worth around … [Read more...] about Rugby giants Leicester Tigers put up for sale
NBTC: 700MHz licences set for sale
The country's three major mobile operators are expected to agree to buy 700MHz licences by today's due date, despite opposition to a 17.58-billion-baht price tag deemed too high relative to spectrum costs in other countries.Advanced Info Service (AIS), True Move H Universal Communication (TUC) and Total Access Communication (DTAC) have differing reasons for buying a licence, but all three are likely to do so. "We're confident in the success of the 700MHz allocation for sale," said Takorn Tantasith, secretary-general of the National Broadcasting and Telecommunications Commission (NBTC). TUC expects to be the first company to submit a proposal at the auspicious time of 9.39am, followed by AIS at 9.59 and DTAC at 11am, according to a high-ranking source at the NBTC. While the 17.58-billion-baht price seems high, it comes with two attractive conditions, said Pisut Ngamvijitvong, senior analyst at Kasikorn Securities. First, operators are allowed to extend the existing 900MHz licence … [Read more...] about NBTC: 700MHz licences set for sale