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Clementi Arcade units hit market for $22m via EOI

It has an existing gross floor area of 38,836 square feet.

Four freehold strata commercial units located at Clementi Arcade, 41 Sunset Way, are up for sale for $22m via an Expression of Interest exercise.

It occupies 51,285 square feet and has an existing gross floor area of 38,836 sq ft. This is below the permissible gross floor area of 71,799 sq ft as the site has a Master Plan Plot Ratio of 1.4.

With a combined strata area of 9,246 square feet, all four commercial units are fully leased, offering the incoming buyer immediate rental income.

The sale will close on Thursday, 13 August, at 3 p.m.
 

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