A selection of three residential properties in District 8 is currently available for sale, collectively priced at $21.18 million. Buyers have the option to purchase these properties together or separately, providing flexibility for various investment strategies. The offerings include a mix of building types, from a larger commercial building to smaller, more traditional residential options.
The first property, 28 Roberts Lane, stands out as a six-storey building boasting a gross floor area of approximately 8,522 square feet. Originally priced at $16.88 million, this property has seen a price reduction, now listed at $14 million. This significant drop in price may attract prospective buyers seeking a solid investment opportunity in a prime location.
The building’s size and configuration make it suitable for various uses, whether for residential purposes or as a mixed-use space. Its strategic positioning within District 8 adds to its appeal, given the area’s vibrancy and accessibility.
The second property in this portfolio is located at 32 Roberts Lane, a two-storey conservation shophouse complete with an attic. This property is fully tenanted, presenting an immediate income-generating opportunity for investors. With a gross floor area of about 2,200 square feet, it is offered at a guide price of $5.5 million.
The conservation status of the shophouse not only enhances its architectural character but also provides a unique investment angle, as such properties often appreciate due to their historical significance and limited availability. The existing tenant arrangements ensure a steady cash flow, making it an attractive proposition for those looking to enter the property market with a lower-risk investment.
Lastly, the third property is a four-bedroom walk-up flat located on Upper Weld Road, priced at $1.68 million. With a floor area of 1,378 square feet, this property translates to approximately $1,219 per square foot. The layout of the flat, combined with its reasonable pricing, makes it appealing for families or individuals seeking spacious accommodations in a well-connected area.
The flat represents an entry point for buyers interested in the residential market in District 8, particularly first-time homeowners or investors looking to expand their portfolios.
For those interested in these offerings, it is important to note that the expression of interest (EOI) exercise for these properties will close on May 29 at 3 PM. Knight Frank Singapore is acting as the marketing agent for this sale, providing potential buyers with necessary support and information throughout the purchasing process.
As the deadline approaches, motivated investors may find value in exploring these diverse property options in District 8, each with its own unique features and potential returns.
RETAIL & OFFICES SPACE FOR SALE: FORTUNE CENTRE
FORTUNE CENTRE offers an appealing investment opportunity with its prime location in Singapore’s retail and commercial district.
Featuring a diverse mix of retail and office spaces, the Fortune Centre Floor Plan caters to various business needs.
Interested buyers can explore FORTUNE CENTRE Retail for sale and FORTUNE CENTRE Office for sale options.
View FORTUNE CENTRE Retail Shops and Offices for sale by contacting 6100 8822.
News Source: Edgeprop
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