Two freehold commercial units in East Coast up for sale at $23.8m guide price

The sale will be conducted through an Expression of Interest exercise.

Savills Singapore has put up for sale two freehold commercial units in the East Coast enclave at a guide price of $23.8m or approximately $3,685 per square foot on the strata area.

The main road facing ground floor units located at East Gate has a total strata area of 6,358 sq ft. The property also represents 11% of the total share values in EastGate.

Currently, the property is fully leased to healthcare and supermarket tenants and comes with permanent “restaurant” approval.

Foreigners and companies are eligible to purchase the units since it was approved for “commercial” use, according to Savills. There is also no Additional Buyer’s Stamp Duty or Seller’s Stamp Duty imposed on the purchase of the property.
 
The sale will be conducted through an Expression of Interest exercise which closes on 28 March 2022 at 3:00 pm.

Follow the link for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!