BUGIS Cube has been put up for collective sale via a public tender exercise at a reserve price of S$230 million, marketing agent Cushman & Wakefield said on Monday.
Sales of Singapore apartments worth at least $10 million each have hit an 11-year high, fuelled by increased demand from Chinese millionaires seeking safe-haven assets, said property consultancy OrangeTee & Tie.
H1 brought Singapore's investment to 36% of Asia's total outbound spending leading the activity in the region - CBRE revealed in their statement recently.
