Four ground floor retail units at Siglap V are on the market at a guide price of $13 million. The fully leased retail units in the freehold mixed use development have prominent dual street-level frontage along Siglap Road and East Coast Road. Three of the units are leased to a spa and massage establishment and the remaining unit is occupied by a hair salon. The corner units span a strata area of around 3,660 sq ft, and the guide price translates to $3,552 psf. The units will be sold in an Expression of Interest exercise by CBRE, the exclusive marketing agent. The sale is open to foreigners and corporate entities. “With recent interest rate reductions, we have observed robust demand from family offices and high-net-worth individuals for such commercial retail units in densely populated estates. These assets typically offer stable cash flow, resilient performance during market cycles, and potential for rental upside and capital appreciation,” says Michael...