S$17,800,000 for sale (Negotiable)

People
ReferenceC05171819
TypeRetail
Sale/RentSale
Mall Shop
TenureLeasehold

Build Up Area2,781 Sq Ft(approx)
FurnishingPartially Furnished

Date Posted06 Sep 2017
ViewedBelow 50 times

About People

This is a Leasehold Retail in D01. The size of this unit was approximately 2,781 square feet or 258.36 square meter. It was partially furnished.

For Sale People``s Park Complex Retail Shops
Asking Price $17,800,000 nego
Ground Floor, Partially Fitted
Size 2781sqft / 258.36sqm
High Rental Yield!!
Good Commercial Property Investment!!

Condition: Face front to atrium with high crowd flow. Selling with tenancy at $52,000 per month.

Advantages for Commercial Properties:
- Stable Rental Income
- No restrictions on foreign ownership
- No additional buyer stamp duty
- No seller stamp duty, can sell anytime
- Strata commercial market is currently active and well traded. Property is likely to attract a lot of interest from investors.

Additional Information:
• Address (1 Park Road Singapore 059108 – Singapore District 01)
• Nearest MRT station is Chinatown station, one of the MRT exits is to the entrance of the mall
• Nearby Major expressways like AYE, CTE and MCE
• 10 minutes’ drive to Orchard Shopping District and Central Business District
• A highly sought after commercial building due to its strategic location and the myriad of facilities that is nearby

Owners / Landlords who need assistance to Sell / Rent Out units,
Buyers / Tenants in searching for units to Buy / Rent.
Please kindly contact me. I am most glad to be of service to you.

Agents are most welcome for all my listings.

Contact Pedro @ 65-9635-2283 for viewing arrangement.
Thank you for viewing my listing.

Location

District: D01 - Raffles Place, Marina, Cecil
Road: Park Road
Postal Code: 059108


The most recent average Selling Price Per Sqf of Leasehold Retail around was S$1,673 and the average Rental Price Per Sqf was S$6.71.

Price Per Sqf Analysis
Minimum Maximum Average
Selling S$0 S$5,019 S$1,673
Rental S$0.00 S$13.04 S$6.71
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