Freehold site in Novena up for sale for S$26m
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CBRE has launched an expression of interest (EOI) for the sale of a freehold site at 2 Derbyshire Road.
Nestled in Novena within an established residential enclave, the 6,768 sq ft site comes with an existing four-storey building and its current gross floor area is about 8,742 sq ft. The guide price is about S$26 million.
Located just off the main junction of Thomson Road, the site is zoned for "civic and community institution". It is served by various transport nodes with easy accessibility to town, and is within walking distance from Novena MRT station. The property is currently held by a Singaporean family and rented out to Nafa Arts Kindergarten.
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