4-storey commercial property along Serangoon Road up for sale

Expression of interest ends on 7 March at 3 p.m.

A four-storey commercial building along Serangoon Road and within the proximity of Farrer Park MRT station in District 8 is up for sale with an indicative price of $20m.

In a statement, CBRE said that the 466 Serangoon Road property is on a land area of around 2,236 square feet and has a land tenure of 999 years from 1860.

The property has a total floor area of around 8,890 square feet including a covered walkway and a private carpark with three lots.

READ MORE: Commercial investment volumes rise 30% YoY to US$1.5b in Q3: MSCI

Foreigners are allowed to purchase the commercial property with no additional buyer’s stamp duty or seller’s stamp duty over the transaction.

The expression of interest closes on 7 March 2023 at 3 p.m.