Retail mall The Verge in Little India put up for sale for $350m

Its anchor tenant is Sheng Siong.

The Verge and Chill @ The Verge, a retail mall prominently located at the entrance to the Little India district, has been offered for sale with the owners are expecting offers in the region of $320 to $350 million.

The Verge comprises a 6-storey shopping mall with two basement levels. Chill @ The Verge comprises an 8-storey building with 2-storeys of retail units on levels 1 and 2 and a 6-storey car park with 395 car park lots and four coach bays.

The two properties are connected by link bridges at levels 2, 5 and 6 and provide 238,527 sq ft of retail gross floor area, anchored by supermarket Sheng Siong, with an overall occupancy rate above 80%. The mall's sale will be handled by JLL.

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