Orchard Road, Somerset, Central Region, Singapore
$3,250,003
Prime investment opportunity: a ground-floor retail unit in The Centrepoint, strategically located along Orchard Road, Singapore's premier shopping district. There is a direct link to Somerset MRT station, making this mall very accessible. This unit boasts a prominent atrium-facing position, ensuring unparalleled visibility and foot traffic. Its open layout offers versatility for various retail concepts. Foreigners eligible to buy. No Additional Buyer's Stamp Duty (ABSD) for both locals and foreigners. Seize the chance to own a coveted space in a bustling retail hub, surrounded by a diverse mix of established brands and dining options. No water point. Tenanted till 31 Dec 2026. Current plot ratio 5.6 (increased from 3). Good en-bloc potential. Government has announced that no more strata title units for malls will be approved in the central area. Centrepoint is majority owned by Frasers Property, with very few strata titled units available for sale. Unlike other strata titled malls, Centrepoint is a top class mall, managed by Frasers Property, with big name anchor tenants like Decathlon, Harvey Norman and NTUC Finest. Direct link to Somerset MRT Station. Disclaimer: Photos are for illustration purposes only. Although the information provided has been obtained from sources believed to be reliable, no warranty, express or implied, is made regarding the accuracy, adequacy or completeness of any information.
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Total Transactions
13
Average Price
S2.3M
Total Value
S29.4M


License: L3008022J