Piccadilly Galleria relaunched for sale at $67.5m
The property was initially launched in October 2024.
Piccadilly Galleria, a retail podium on the ground floor of Piccadilly Grand has been relaunched for sale via an expression of interest (EOI).
According to Knight Frank Singapore and CBRE, the joint marketing agents for the sale, the property has been relaunched at a lower guide price of $67.5m, or $3,350 per sq ft on the net lettable area (NLA), down from $75m at the initial launch in October 2024.
The property comprises 15 units, including one childcare, four retail, and ten F&B-approved units. Currently, a childcare center is occupying 27% or 5,832 sq ft of the retail podium’s net lettable area.
Piccadilly Galleria is also accessible via Farrer Park MRT station and is a few minutes drive from Orchard Road and MRT interchange stations including Dhoby Ghaut, Raffles Place, and Bugis
The EOI will close on 22 July.