
Check out these 3 commercial shophouses up for sale
Buyers allowed to purchase individually or as a bundle.
Global real estate company CBRE has announced the Public Tender sale of a portfolio comprising three commercial shophouses in Holland Village, Chinatown, and Kampong Glam.
The property in Holland Village is a two-storey commercial building with a corner site of approximately 1,976 feet and a total built-up area of approximately 3,354 feet, located within an affluent residential enclave. The premises are fully tenanted and feature a restaurant on the ground floor and a gym on the upper floor.
The Chinatown property, meanwhile, includes prime three-storey shophouses with an attic level located along Pagoda Street. The shophouses sit on two contiguous lots with a total area of approximately 3,010 square feet and total built-up of approximately 9,226 square feet. The ground floors are tenanted to two retail shops, and enjoy a large catchment of tourists due to the site’s proximity to key attractions.
Sitting on a 1,260-square feet site, the fully tenanted Kampong Glam property is a conservation building that comes with a freehold tenure. Located along North Bridge Road, the area is close to integrated developments including South Beach and the upcoming DUO and City Gate.
All properties are zoned as “Commercial”, and purchase is open to both local and foreign buyers with no Additional Buyers’ Stamp Duty (ABSD) or Sellers’ Stamp Duty (SSD) imposed on the purchase of the site.
The Public Tender exercise will close on April 28, 2017.