URA bars strata subdivision for commerical properties in Central Area

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URA bars strata subdivision for commerical properties in Central Area

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Latest on Commercial Property at Raffles Place

URA Circular, dated 15 March 2022 indicated:

Restrictions On The Strata Subdivision of Commercial Properties

 

With the latest move by URA (dated 15 March 2022) to bar strata subdivision for commercial properties in the Core City, existing strata office units will become more valuable due to the dearth of supply in the future.