Rare Investment Opportunity | Freehold Commercial Property | Immediate Rental Income
Own a retail space in the heart of Orchard Road at Far East Plaza, a well-established shopping destination strategically located along Scotts Road, within walking distance of Orchard MRT.
Property Highlights
* Location: Far East Plaza, 14 Scotts Road
* Unit: #05-XX
* Floor: Level 5
* Tenure: Freehold
* Floor Area: 312 sqft
* Asking Price: $1,990,000 (Negotiable)
* Price PSF: Approx. $6,378 PSF
* Tenancy: Currently tenanted until 1 January 2028
Why Invest in This Property?
* Rare Freehold Ownership: Secure a commercial property in the prestigious Orchard / Scotts Road precinct, District 9.
* Immediate Rental Income: Existing tenancy provides rental income from day one, subject to the prevailing lease.
* Prime Orchard Location: Convenient access to Orchard MRT, shopping malls, hotels, offices and established retail amenities.
* No Additional Buyer’s Stamp Duty (ABSD): Commercial properties are not subject to residential ABSD.
* Potential for Capital Appreciation: Long-term investment opportunity in a prime central location.
* Future Redevelopment Potential: Potential upside from any future collective sale, subject to owners’ approval and regulatory requirements.
* Flexible Investment Strategy: Suitable for investors seeking rental income or eventual own use after the existing tenancy.
Rare Opportunity to Own a Freehold Orchard Retail Unit!
Whether you’re expanding your commercial property portfolio or securing a long-term investment in District 9, this Far East Plaza unit deserves your consideration.
Asking Price: $1.99 Million | $6,378 PSF
Co-Broke Welcome!
Contact Calvin for more information, tenancy details or to arrange an exclusive viewing.
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Serious buyers and investors welcome.
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