Other Retail for Sale: 15 Scotts

Cushman & Wakefield is pleased to announce the exclusive sale of an entire floor located at 15 Scotts Road. Formerly known as Thong Teck Building, 15 Scotts is a 9-storey commercial building well surrounded by shopping malls, luxury hotels, the American Club, and the Tanglin Club. The building underwent a comprehensive refurbishment that included the upgrade of common areas and a new full height curtain wall. Prime retail units offer an exceptional investment opportunity for discerning buyers looking to capitalize on Singapore's thriving retail market. Additionally, 15 Scotts’ freehold status allows for redevelopment potential as the subject site has yet to maximise its plot ratio of 4.9 per URA MP2019. Unit is currently tenanted to a single childcare tenant. Zoned full commercial, foreigners and foreigner companies are eligible to buy without attracting Additional Buyer’s Stamp Duty. The sale will be on an as-is basis and subject to tenancies. ABOUT US Our capital markets teams leverage an integrated suite of investor services to deliver strategies to solve complex real estate challenges. As a team we bring extensive expertise to bear for clients, including strategy development and investment planning, identification and sourcing, independent investment analysis, negotiation and due diligence, and ongoing investment oversight. ABOUT CUSHMAN & WAKEFIELD SINGAPORE Our capital markets teams leverage an integrated suite of investor services to deliver strategies to solve complex real estate challenges. As a team we bring extensive expertise to bear for clients. Call 8533 XXXX for a consultation or viewing request.