As this is a commercial zoning, it is likely there is only about 20-25 years left. Singapore flyer land lease started in 2005 and commercial leases of these kind tend to be a term of30 years.
As for the building cost of $250m, it is an irrelevant number to straco. A building costing $250m but generates profit of $3m annually for 30 years will nvr be 250m (unless the building has a lot of golden tapes). It's value will be on the cash generated from the usage of the building and scrap value
As for the building cost of $250m, it is an irrelevant number to straco. A building costing $250m but generates profit of $3m annually for 30 years will nvr be 250m (unless the building has a lot of golden tapes). It's value will be on the cash generated from the usage of the building and scrap value