border1 border3
Today is May 31, 2020
Lee Chun Peng Adnic
Senior Associate Director
PROPNEX REALTY PTE LTD
CEA Licence No.:
L3008022J / R012847G

adniclee@gmail.com
Call (+65) 9672 2265

For Sale - 32 Hongkong Street (D01)

S$ 9,800,000  Negotiable   |  S$ 1289.47 psf  |  7,600 sqft (706.06 sqm) 

Hong Kong Street For Sale By Expression of Interest Ending 30th April 2020, 3pm

Its guide price stands at S$9.8 million, excluding the premium payable for lease renewal.

That works out to S$1,290 per square foot, based on a total floor area of about 7,600 square feet (sq ft).

The shophouse comes with a lift instaled. It sits on an envelope control site spanning about 1,717 sq ft, with a land tenure of 99 years from Jan 1, 1942.

Envelope control sites are vacant lands and buildings located within Conservation Areas in Singapore, but are not designated for conservation. They can be redeveloped subject to government guidelines.

Whether you are a family office looking to develop your own office or investor developer looking to rebuilt to rent/sell, don't miss this rare bite size unit in CBD, opposite Clarke Quay MRT.

Most of the CBD buildings requires you to enbloc and usually you will need to invest hundreds of millions to acquire and rebuilt.

Shophoues within CBD for Freehold are going at average $3300psf - $3500psf on the total floor area. 99 from 1990s going at about $2500psf -2800psf

32 Hong Kong Street offers a very rare opportunity to design and rebuild your own property.

Land 1717sqft approx
Floor Area 7600 sqft approx.
99years from 1942 (requires to apply for top up lease with SLA)
Plot Ratio 4.2
5 Sty with lift installed
Sold Vacant ("as is where is basis")
Lowest Price Unit! Ideal for Rebuilt and Top Up Lease

Guide Price $9.8M - NO GST (Price not inclusive of lease top up premium)
Contact 96722265 for viewing, EOI factsheet.

Property Photos and Videos

Photos & Videos

    View Previous
    View Next

    Property Information

    Development Name:
    32 Hongkong Street
    Property Type:Shop / Shophouse
    Tenure:99-year Leasehold

    Features:

    • Air conditioning

    Location

    Hongkong Street
    Singapore

    Nearest MRT Station


    • CC14 Lorong Chuan MRT Station (0.95 km)
    • CC13 Serangoon MRT Station (1.33 km)
    • NE12 Serangoon MRT Station (1.38 km)

    Nearest Schools


    • Zhonghua Primary School (0.27 km)
    • CHIJ Our Lady Of Good Counsel (0.38 km)
    • Peicai Secondary School (0.79 km)

    Contact Agent about This Listing

    Yes, keep me posted on new launches, property digest and partner offers
    border6 border8