Prime sites join wave of collective sale hopefuls: The Centrepoint, Tong Eng Building and Cashew Park

Prime sites join wave of collective sale hopefuls: The Centrepoint, Tong Eng Building and Cashew Park was reported by EdgeProp Singapore on 16 May 2025.

The Centrepoint on Orchard Road has entered the early stages of a collective sale, with the reserve price understood to be around $350 million.

Why this matters for Singapore commercial property

The listing or transaction provides a current pricing reference and a useful signal of investor demand for Singapore commercial assets. The story is relevant to businesses, landlords and investors comparing current market evidence before making leasing or acquisition decisions.

Key takeaways

• Market: Singapore commercial property investment

• Location: Orchard Road

• News date: 16 May 2025

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Source: EdgeProp Singapore, 16 May 2025