A portfolio of three freehold assets has been put up for sale at a combined guide price of $67 million, comprising two commercial buildings on South Bridge Road and a two-storey shophouse on Frankel Avenue. The properties can be acquired collectively or individually. The two commercial buildings on South Bridge Road – 74 South Bridge Road, and 80/82 South Bridge Road – are on sale for $20.5 million and $40 million, respectively. Meanwhile, the shophouse at 89/A Frankel Avenue is listed for $6.5 million. As commercial properties, the transactions of the two South Bridge Road buildings are open to foreigners and corporate entities, and attract no Additional Buyer’s Stamp Duty (ABSD) or Seller’s Stamp Duty (SSD). However, the Frankel Avenue shophouse is zoned “Residential with Commercial at 1st storey”, thus ABSD applies to the purchase of its residential second storey component. The portfolio will be sold in an Expression of Interest (EOI) exercise managed by CBRE, the exclusive marketing agent....