A row of six freehold conservation shophouses on Kampong Bahru Road are up for sale from $39.6 million, or $6.6 million per unit.
The property for sale comprise 69, 71, 73, 75, 77 and 79 Kampong Bahru Road. It has a total land area of 7,068 sq ft, and total gross floor area (GFA) of 17,600 sq ft. It is zoned for commercial use under URA’s 2014 Master Plan and is within the Blair Plain Conservation area.
The property is within walking distance to Outram Park MRT Station and the upcoming Cantonment MRT Station. The new Kampong Bahru bus terminal is located just across from the property. It is also within a short 10-minute drive from the CBD.
Foreigners are eligible to purchase the property. There will be no additional buyer’s stamp duty or seller’s stamp duty imposed on the purchase.
The property is marketed by JLL and Tuscany Realty.
The expression of interest exercise closes on Sept 12 at 3pm.
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