Thirty Bideford Road, a freehold high-end multiple purpose project on the Orchard shopping rd, has gotten marketed with a sign price of $6hundred mil, shared joined promotion and marketing professionals Colliers as well as KF.
The Eighteen level project– that collected its TOP in first half ’20– comprises 168 svcd housing flats including Fifty Four thousand Five hundred Twelve square foot of office space, retail plus medical capacity covering 5 levels.
” This realty is a rare and attractive financial investment project for investors looking out for a fresh free lease trophy property positioned in top Area 9,” reported Knight Frank S’pore’s Chief of CM Daniel Ding.
” The venture might just be perfect intended for hospitality managers that pursue a forerunner hospitality investment, or financiers trying to achieve a generational asset.”
Located at Twenty Eight plus Thirty Bideford Road, the property rests on a 21,602 sq ft site in which is sectioned for Business including Non commercial use within the ’19 Master Plan with a gross plot ratio of 4.9.
It enjoys very easy entry to multiple methods of travelling, by having the Somerset MRT terminal no more than 600 m away. It is similarly neighboring different luxury residential projects, workplaces, hotels also shopping malls, such as NAC, The Paragon plus Mandarin Gallery.
“Subject to the discontinuation of present rentals at the realty, the building will be retailed upon vacant possession on an “as is, where is” manner, offering real estate investors different possibilities in order to make the most of its capability,” mentioned Wei Leng Tang, Managing Director at Colliers Singapore.
The joint bid for 30 Bideford Rd ceases on 15Feb’22.