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Photo from CBRE

Chinatown commercial property up for sale

The property occupies a land area of approximately 1,315 square feet and offers a total floor area of around 3,083 square feet. 

A three-storey commercial property located at 13 Mosque Street in the Chinatown Heritage District has been launched for sale by CBRE through an Expression of Interest (EOI) exercise, which will close on 20 August at 3 p.m.

The property occupies a land area of approximately 1,315 square feet and offers a total floor area of around 3,083 square feet. It will be sold with vacant possession.

Positioned within District 1, the building is situated in a high-footfall area near popular streets such as Pagoda Street and South Bridge Road. It is located within a short walking distance to Chinatown MRT Interchange, and is also accessible from Maxwell and Telok Ayer MRT stations, as well as major expressways.

CBRE noted recent transactions in the area suggest a potential sale price in the range of $10m to $12m. The property, classified for commercial use, is eligible for foreign ownership and is not subject to Additional Buyer’s Stamp Duty or Seller’s Stamp Duty.
 

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