Due to an expression of interest a detached shophouse block at Kampong Glam and three adjoining plots of prime class bungalow land have just been put on the market.
The shophouse block is freehold and is made up of three shophouse units comprising of part one storey and two storey shophouses which are situated at 32, 34 and 34A Sultan Gate. They are currently leased to a tenant in the food and beverage industry until 2015.
Commonwealth Towers Preview Date
The property sits of on a land area of about 7,401 square feet which is designated for conservation under the Kampong Glam Conservation area.It is situated along Sultan Gate off Beach Road.
Prospective buyers have until 3pm on April 23rd to state their expression of interest in the property.
The three adjoining plots of Good Class Bungalow (GCB) at Commonwealth Towers preview have also been put up for sale. These plots are vacant and are situated on regular-shaped land totaling 52,992 square feet along Holland Rise and East Sussex Lane.
The plots can be sold separately or together and the indicative price is approximately $1,500 per square foot (psf). Plot 1 is 17,422 square feet, plot 2 is 18,176 square feet and plot 3 is 17,393 square feet.
Commonwealth Towers Launching Date
The site is within walking distance of Holland Village and Holland Village and Queenstown MRT station and the plots are accessible via two cul-de-sacs at Holland Lane and East Sussex Lane.
Since the beginning of 2014 the GCB market has recorded sales transactions for Commonwealth Towers Condo are ranging from $1,401 psf over a land area of 20,344 square feet for a GCB at Holland Road and $1,976 psf over a land area of 1,577 at Cluny Hill, Mr Poh said.
Queenstown set alive again by Commonwealth Towers
Prospective home buyers of Commonwealth Towers have until 3pm on April 24th to express their interest in these plots.