COMMERCIAL MARKET Indonesian group buys 2 floors at Octagon for S$30.3 million
Amid green shoots of recovery in the strata office market, a few whole-floor deals have surfaced recently in the Central Business District. At The Octagon in Cecil Street, the family behind Indonesian conglomerate Central Cipta Murdaya (CCM) is shelling out nearly S$30.33 million or S$2,450 per square foot for levels nine and 10. BT understands [...]