Singapore STI Market Trade on up side and finally at above of 3020. bullish trend will continue form tis stage & market really will continue.

Prime commercial property, Shenton House, is on Wednesday up for collective sale by tender, with an indicative price of $530 million.

The leasehold property with a land area of 3,377 sq m, is zoned for 'Commercial' and carries a plot ratio of 11.2+, with building height control of up to 35-storey. The site has the potential to be redeveloped into a new development at a plot ratio of 11.76 with maximum gross floor area of 39,713.5 sq m, as it is eligible for a 5 per cent plot ratio over and above the base plot ratio. Tender for the site will close on April 19, at 3pm.