Singpost's shares had been climbing up steadily, but especially so after the announcement of the new thompson mrt line. At least it seems so to me. The volume of the shares transacted daily also rose up appreciably, whereas in the past, this is usually a quiet counter. Out of curiosity, I went to dig up some figures to see how much the postal building at the affected Thomson Road Post Office located at 246T Upper Thomson Road is worth.



From commercial property guru site, a mall shop, 99 yr leasehold located at Upper Thomson Road is selling at $1.5 million for a 31 sq m space (built in). This works out to be around $4.5k psf. The Thomson Road post office is also a leasehold property of 99 yrs (since 31st March 1992), occupying a land area of 2753 sqm and a building floor area of 1793 sq ......