A lucrative investment opportunity has emerged for astute buyers as a portfolio of 20 strata commercial units in the renowned New World Centre is up for sale. The impressive price tag of $55 million only adds to its allure, beckoning potential investors to seize this golden chance. With prime location and high rental returns, this asset promises immense profit potential. Don’t miss this exclusive opportunity to add a prestigious commercial property to your portfolio.
In the heart of Singapore’s bustling Chinatown, a rare opportunity has emerged for investors seeking a commercial property. A freehold commercial shophouse located on the prestigious Pagoda Street has been listed for sale at an impressive $21.28 million. This heritage-rich gem presents a lucrative prospect for businesses aiming to establish their presence in a prime location. With its distinctive architectural charm and strategic position, this property is poised to attract discerning buyers in the competitive real estate market.
A commercial shophouse located at 21 New Bridge Road in Singapore is now up for sale at a staggering price of $18.5 million. The property boasts a prime location and presents a lucrative investment opportunity for potential buyers. This sale highlights the flourishing real estate market in Singapore’s central business district.
According to MSCI, commercial property sales in the Asia-Pacific region dropped by a staggering 40% year-on-year in the second quarter of 2023. This sharp decline is likely a result of the ongoing pandemic and its impact on the global economy. The figures highlight the challenges faced by the commercial real estate market in the region and indicate a period of uncertainty ahead.
The prestigious GB Building in Singapore recently witnessed the successful auction of two strata commercial units, fetching an astounding $46 million. This remarkable deal, brokered by Huttons Asia, signifies the enduring allure and value of prime real estate in the city-state. Investors and analysts are closely observing this lucrative transaction as it sets a compelling precedent for the real estate market’s resilience in uncertain times.