Top Global announced on Oct 3 that it was acquiring an office unit at Tong Building for about $24.9 million. Top Global’s wholly-owned subsidiary Entro Development entered into the sale-and-purchase agreement with seller Fortis Asia Healthcare.

Located on Orchard Road, the freehold property has a net floor area of 6,103 sq ft. Top Global says the purchase will allow the group to own a “rare investment-grade office with strong building image along Orchard Road”.