Three freehold commercial properties behind National Junior College and Raffles Girls Primary School have been listed for $18.5 million. The ground floor retail units are located at 20, 26 and 28 Greenwood Avenue within the Hillcrest Park landed enclave.
Collectively, the three units have a combined gross floor area of 4,456 sq ft, and the asking price translates to $4,150 psf.
The properties for sale are also close to Tan Kah Kee MRT station on the Downtown Line. This area is also well-connected by Dunearn Road and Bukit Tiamh Road, as well as the Pan-Island Expressway (PIE) and Central Expressway (CTE).
The properties, which are currently marketed by CBRE, will be sold in an Expression of Interest (EOI) exercise. Moreover, the portfolio of retail units can be purchased individually or collectively. The sale is open to locals and foreign buyers, with no Additional Buyer’s Stamp Duty (ABSD) or Seller’s Stamp Duty (SSD) payable....