Retail Space

5 adjoining Kg Glam shophouses up for sale with S$23.8m guide price

Five adjoining conservation shophouses located in Kampong Glam are up for sale via public tender at a guide price of S$23.8 million, real estate firm Knight Frank said on Wednesday. The freehold shophouses at 17, 19, 21, 23 and 25 Baghdad Street are located at the prime corner of Baghdad Street and Muscat Street. They have five individual titles with a total land area of 4,892 square feet (sq ft),...

32 shophouses along Lavender St, Serangoon Rd for sale with S$138m guide price

A portfolio of 32 freehold city-fringe shophouses located along Lavender Street and Serangoon Road has been launched for sale by public tender at a guide price of S$138 million, marketing agent JLL announced on Wednesday. Assuming no development charge is payable, the indicative price for The Lavender Collection translates to S$1,736 psf (per square foot) on the estimated GFA (gross floor area), or...

St George’s Rd shops, apartments up for collective sale at S$26.5m

A row of three shops and the residential units above them along St George’s Road will be launched on Thursday for collective sale via private treaty at an asking price of S$26.5 million. Located at 2, 4 and 6 St George’s Road, the 4,403 square feet (sq ft) freehold land has a plot ratio of 3 and gross floor area of 13,210 sq ft, said sole marketing agent Jie Sheng Housing Agency on Wednesday. The...

Geylang shophouses for sale at S$40-42m; Joo Chiat shophouses put on market for S$7-7.5m

A row of seven adjoining conservation shophouses in Geylang has been launched for sale at a guide price range of S$40 million to S$42 million, marketing agent Knight Frank Singapore said on Tuesday. Also under the same sale exercise are two adjoining conservation shophouses on Joo Chiat Road, offered at a guide price of around S$7 million to S$7.5 million. Both sets of freehold properties are up for...

Retail, office space at former Chevron House launched for sale at up to S$507.9m

Five strata lots for retail and office use spanning seven storeys at 30 Raffles Place have been launched for sale by joint marketing agents JLL and Cushman & Wakefield. The building, formerly known as Chevron House, is undergoing comprehensive asset enhancement initiative (AEI) works, after property developer Oxley Holdings agreed to sell it to Golden Compass, the investment vehicle of US-based real...

Goodbye Metro, new Decathlon outlet to be anchor tenant at The Centrepoint

Sporting goods retailer Decathlon will open a new store at The Centrepoint next year, the mall's owner announced in a media release on Tuesday (Aug 27). Frasers Property Singapore said Decathlon will be the new anchor tenant of the Orchard Road shopping centre. The outlet is expected to open in the first half of 2020. This follows news that department store Metro, the current anchor tenant at The...

Single operator to be appointed for integrated management of Bugis Village and Bugis Street to enhance vibrancy of precinct

The Singapore Land Authority (SLA), Singapore Tourism Board (STB) and Urban Redevelopment Authority (URA) will be appointing an operator for the integrated management of Bugis Village and Bugis Street to enhance the vibrancy of the area, which is popular among locals and tourists. Currently, CapitaLand Commercial Trust Limited (“CCT”) is managing Bugis Village, while Bugis Street Development Pte Ltd...

Conserved Neil Road shophouse up for auction with S$8m asking price

A conserved two-storey shophouse located at 65 Neil Road is being put up for sale by auction for at least S$8 million, translating to about S$2,800 per square foot (psf) based on a gross floor area of 2,834 sq ft. The shophouse comes with an attic and has a land area of 1,413 sq ft, real estate firm Collier’s International said on Monday. It also has 99-year leasehold tenure with effect from July 4,...

33 units at Parklane Shopping Mall up for sale at S$55.7m guide price

Parklane Shopping Mall has 33 strata retail units located in the first level basement of the mall put up for sale via an expression of interest exercise, with an indicative value of S$55.7 million. This translates to around S$2,200 per square foot (psf) based on a total strata floor area of 2,352 square metres (sq m), real estate services firm Colliers International said on Wednesday. Due to the...

Six shophouses along Kampong Bahru up for sale with S$39.6m guide price

A row of six adjoining conservation shophouses along Kampong Bahru Road has been launched for sale at a guide price of S$39.6 million, or about S$6.6 million each, marketing agents JLL and Tuscany Realty said in a press statement on Wednesday. Located at 69, 71, 73, 75, 77 and 79 Kampong Bahru Road near Outram MRT station, the six freehold two-storey shophouses can be sold either individually or...

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