Located in the Historic District, culture and limited supply adds to its intrinsic value.
Foreign purchasers allowed without Additional Buyer’s Stamp Duty (ABSD)
Potential Change of Use to may allow even returns.
Fact Sheet
Storey: 6
Tenure: 99 years lease from 1988, Renovated fully
Land Area (est): 1,823 Sqft
Total Area (est): 7,656 Sqft
Usage: L1:F&B/Shop/Office, L2-L6: Office
资料
层数:6
产权:99年 (从1976年开始,可以永久续产权)
土地面积(预计):1,823 平方尺
总面积(预计):7,565 平方尺
用途:L1:餐饮/商铺/办公室,L2-L6:办公室
OVERVIEW
North Canal Road is an exceptional 6 storey, fully commercial freehold property with views giving onto the Singapore river. Located on the corner of Hong Kong Street and within Singapore’s CBD, between Clarke Quay and Boat Quay.
STRONG CAPITAL UPSIDES
North Canal Road is ideally located to accommodate corporate companies looking for office space, with its highly visible facade a suitable front for establishing a flagship brand. Its ease of access makes it highly desirable and with limited viability in the nearby CBD, incoming owners are likely to enjoy substantial returns for their investment. New developments in Boat Quay, F&B and shopping opportunities in the area are sure to add to the appeal of the area in years to come.
ENHANCED ACCESSIBILITY & CONVENIENT
The neighbourhood s highly valued as a popular destination for dining and lifestyle amenities, with many bars and other lifestyle stores because of its proximity to offices in Singapore’s CBD.
DIVERSIFY INCOME
The property offers its owners the possibility to diversify their income streams. With an ideally situated frontage giving onto both South Bridge Road, Hong Kong Street and a rooftop terrace incoming owners will find themselves delighted with the opportunities afforded to them.
CENTRAL BUSINESS DISTRICT
The CBD is located at very close proximity to the building. The center of the CDB (Raffles Place) is only 9 minute walk away from the property. This gives occupants easy access to one of the world’s largest financial centers as well as the ability to meet clients working for some of Asia’s most renowned companies.
MRT PROXIMITY
The property is ideally situated between three MRT stations. Located midway between Clarke Quay and Raffles Place MRT stations the property is only a 5 minute walk from each and only a 9 minute walk from the Chinatown MRT station.
PUBLIC CAR PARK
The surrounding area features a number of public car parks. The building is situated just 3 minute by walk from public parking options such as Car Park C0133 located on the upper circular road or parking options at the Riverwalk just steps away.
BOAT QUAY
Located just steps away from Boat Quay means that occupants of 70 South Bridge Road have easy access to dining options, making it ideal for business lunches.
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