Freehold Commercial Unit Up at Upper Thomson Road for $19.5 Million Record Price

Ohmyhome

Ohmyhome

Share on facebook
Share on email
Share on whatsapp

Written by: Guo Zhenhao

A freehold commercial unit at Thomson Imperial Court is up for sale at a guide price of S$19.5 million, around S$1,771 per sqft for the 11,011 sqft unit.

The commercial unit is located at basement one, directly connected to the carpark. It currently houses Sheng Siong Supermarket. Other tenants include education centres and a foreign domestic worker agency.
The building is also connected to expressways such as Lornie Road, Lornie Highway, the Pan Island Expressway (PIE), and the Central Expressway (CTE).

An opportunity for investors and end users alike

Managing partner at SRI Capital Markets, Low Choon Sin describes the commercial unit as “an excellent opportunity for both investors and end users to own a freehold commercial unit.” Having a majority share value stake in Thomson Imperial Court (23%), the future owner of this commercial unit will be able to “influence the possibility of a future collective sale of the development.”

Both foreigners and companies are eligible to purchase the property, as no additional buyer’s stamp duty or seller’s stamp duty have been imposed.

The expression of interest (EOI) exercise ends at 3 pm on 4 June 2020.

Wish to purchase a commercial unit? To find out how our property agents can help you secure commercial units, call us at +65 6886 9009 today!


Source: Business Times

Consult an expert for free!

Send us your details and we’ll be in touch within 15 min (daily 9am to 9pm GMT +8).

or

Contact us your way

Talk to us today. Available daily 9 AM to 9 PM (GMT +8)

Subscribe Now

Get a notification every time we upload a new blog post.

Find out how to transact your home during this period

Buying or selling your property during COVID-19?

Find out how to transact your home during this period

Buying or selling your property during COVID-19?

SHARE WITH YOUR FRIENDS!

Share on facebook
Share on twitter
Share on whatsapp
Share on email

Consult an expert for free!

Send us your details and we’ll be in touch within 15 min (daily 9am to 9pm GMT +8).

or

Featured Blogs

Highlighting unique property views for every Singaporean

get an agent

Sell with an Agent

Dedicated experts at your service

Documentation Services

Leave the paperwork to us

do it yourself

Prefer to do-it-yourself?

Check out how our platform can help

Post a Listing for Free

Download the app and connect with buyers

RESOURCES

Ohmyhome E-Valuation

Know the value of your property in seconds!

Calculate Seller’s Stamp Duty

Find the amount payable when selling

How to Sell an HDB

A step-by-step guide to selling HDB

How to Sell my Private Property

A step-by-step guide to selling condo/landed

OHMYHOME E-VALUATION