Photo from CBRE and PropNex
The property’s guide price is $28m.
CBRE and PropNex have launched for sale a freehold CBD shophouse at 13 Hongkong Street with a guide price of $28m or $4,623 per square foot based on the estimated gross floor area (GFA).
The property has a GFA of 6,057 sq ft and is sitting on a 1,833 sq ft land plot.
The site is zoned “Commercial with a Plot Ratio of 4.2” under URA’s Master Plan 2019 and has an untapped gross floor area of approximately 1,600 sq ft.
The marketing agents of the property will sell the property via an expression of interest (EOI) exercise, which closes on 9 May, 12 pm.
“No Additional Buyer’s Stamp Duty or Seller’s Stamp Duty is applicable to this property,” the marketing agents said.
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