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COMMERCIAL PROPERTY | Staff Reporter, Singapore

9 Hongkong Street shophouse looking for buyers

It is open to both local foreign buyers and has no ABSD.

CBRE launched the Expression of Interest sale of 9 Hongkong Street, a six-storey newly refurbished commercial shophouse, within the Central Business District (CBD).

According to a press release, this purchase is open to both local and foreign buyers, and with no additional buyers’ stamp duty (ABSD) or sellers’ stamp duty (SSD).

The property sits on an approximately 1,691 sqft land with a total gross floor area (GFA) of approximately 7,481 sqft. It is zoned full commercial under the 2014 Master Plan.

"The Property underwent major restoration works recently and key features of the restoration and refurbishment works include adding a rear 6-storey extension block, brand new mechanical and engineering systems and installation of mechanical car parking lots," CBRE said.

The property is located 150 metres away from Clarke Quay MRT station and a five minute walk to Raffles Place Financial District.

The expression of interest closes on 16 March 2018, Friday at 3 p.m.  

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