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.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.

As the property sits on land zoned for commercial use, foreigners are eligible to purchase the property. There is also no additional buyer's stamp duty, or seller's stamp duty imposed on the purchase of the property, the marketing agents said. Cafes and restaurants in the vicinity include Highlander Coffee Espresso Bar, Stranger's Reunion, MIZ Japanese restaurant and Nylon Coffee Roasters.

In addition, the Kampong Bahru area is located about 500 metres away from future Greater Southern Waterfront. Outlined under the 2014 Master Plan, the relocation of the ports and terminals along the southern coastline will free up 1,000 hectares of land potentially for the development of offices, retail malls, residential towers, hotels, public spaces and a waterfront promenade.

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Braddell View mega site relaunched for en bloc sale at same reserve price of S$2.08bSINGAPORE'S largest private residential site - Braddell View estate - has been relaunched for collective sale by tender, with the owners' reserve price remaining unchanged at an eye-grabbing S$2.08 billion. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Braddell View launches another en-bloc bid, barely 3 months after failed attemptSINGAPORE — The largest private residential site here, Braddell View, is on the market again just three months after a failed en-bloc sale, with the same asking price of S$2.08 billion.
Source: TODAYonline - 🏆 1. / 99 Read more »

Braddell View launches another en-bloc bid, barely 3 months after failed attemptSINGAPORE — The largest private residential site here, Braddell View, is on the market again just three months after a failed en-bloc sale, with the same asking price of S$2.08 billion.
Source: TODAYonline - 🏆 1. / 99 Read more »

Everything We Know About Marvel's 'Black Widow'A guide to the cast, characters, first trailer and more.
Source: YahooSG - 🏆 3. / 71 Read more »

Canadian drug price regulator may be flexible on rare diseasesTORONTO: Canada's patented drug price regulator, set to gain new powers next year, may be 'more forgiving' in setting price caps for drugs that ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Chinese state media ups ante over Hong Kong 'mobsters'BEIJING: Chinese state media have ramped up the rhetoric against Hong Kong's pro-democracy campaigners, describing them on Tuesday (Aug 13) as ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »