>

>

Six shophouses to be put up for auction on Jan 29

/ EdgeProp |

January 23, 2019 4:05 PM SGT

Six shophouses will be featured at PropNex Realty’s auction on Jan 29. One will be sold by private treaty, while the others will go under the hammer as an owner’s sale.

A 999-year leasehold shophouse at 53 Jalan Besar has a guide price of $4.6 million to $4.8 million. The two-storey building comes with approved F&B use on the first floor, and sits on a 1,097 sq ft plot. It is being sold with existing tenancies.

Two adjacent conservation shophouses at 72/74 Desker Road have a guide price of $3.5 million to $3.8 million. The two-storey, freehold shophouses sit on a combined 2,067 sq ft plot. 74 Desker Road will be sold with existing tenancy.

In addition, a two-storey commercial shophouse at 20 Veerasamy Road, sits on a 2,245 sq ft site. The freehold property has a guide price of $7.1 million to $7.3 million.

At 30/32 South Buona Vista Road, a couple of freehold two-storey shophouses will be sold as a pair. They have a guide price of $10.8 million to $11.5 million. They have a combined land area of 3,212 sq ft and a combined floor area of 6,324 sq ft. The properties have not maximised their maximum permissible plot ratio of 3.0. They comprise vacant F&B and retail space, as well as 10 serviced apartments.

The last property will be sold in a private treaty sale and is the sole 99-year leasehold shophouse on the list. Located at 11 New Bridge Road, the four-storey corner commercial property has dual frontage on New Bridge Road and Upper Circular Road. It has a guide price of $17.3 million to $17.6 million. The 1,452 sq ft site has a plot ratio of 4.2, and the existing property has a GFA of 5,324 sq ft. It is being sold with existing tenancies.

Tags:

property briefs shophouse auctions PropNex Realty

Follow Us

Follow our channels to receive property news updates 24/7 round the clock.

Subscribe to our newsletter

Top Articles

1

Emerald of Katong draws 10,000 as crowds surge at project sales galleries during Deepavali weekend

2

Kingsford sells 76% of Chuan Park units at an average price of $2,579 psf

3

Is it a Good Deal?: $1.03 million for a four-room HDB flat in District 10

4

CDL sells 20% of Union Square Residences at an average price of $3,200 psf

5

Is it a Good Deal?: A freehold four-bedder in D10 sold for $2,810 psf, seller made $2.6 million

Our Site

Follow Us

Property Research

Condos

HDBs

Landed

Commercial

Industrial

Properties For Sale

Properties For Rent

Edgeprop.sg (previously known as The Edge Property Singapore) is the best property portal for real estate agents, investors, home-seekers and sellers alike in Singapore. On EdgeProp, you will be able to find the latest and hottest property news, property listings, and access tools for your research and analysis.

Whether you are looking to buy, sell or rent apartments, condominiums, executive condos, HDBs, landed houses, commercial properties or industrial properties, we bring you Singapore’s most comprehensive and up-to-date property news and thousands of listings to facilitate your property decisions. Click into any listing to check out the new AI Redesign tool to envision your property based on your preferred style, be it Scandinavian, Minimalist or many others.

Make data-driven property decisions with our easy-to-use free and paid tools. The Edge Fair Value tool lets users calculate the fair value of a property, while the En Bloc Calculator helps to determine the probability of a Singapore project being put up for collective sale. Our whole new Research tool provides you data on past transactions, price trends, and more for condos, HDBs, landed houses, commercial properties and industrial properties.

Aside from that, EdgeProp also offers a market trends tracker that lets you access historical property data, sales volume and compare how similar properties are selling, a heatmap that shows you where Singapore’s most popular property sales locations are, a HDB lease tool to calculate your HDB tenure, an affordability calculator, and property alerts to track your preferred Singapore property by project or location, as well as information on new launches.

On the lookout for undervalued property or looking to rent? EdgeProp’s powerful search filters will let you personalise your property-seeking experience – whether you are looking for a property near MRT stations, amenities like schools, or within a HDB Estate or District – so that you find exactly what you are looking for.

View More

Close Ad

00:00