Parklane Shopping Mall has 33 strata retail units located in the first level basement of the mall put up for sale via an expression of interest exercise, with an indicative value of S$55.7 million.PARKLANE Shopping Mall has 33 strata retail units located in the first level basement of the mall put up for sale via an expression of interest exercise, with an indicative value of S$55.7 million.
Due to the property’s commercial-use zoning, foreigners are also eligible to purchase the retail units, with additional buyer’s stamp duty and seller’s stamp duty not being applicable. Steven Tan, Colliers International director of capital markets and investment services, said Parklane Shopping Mall presents en bloc sale potential given its age profile and prime location.