Top Global puts ground floor of 15 Scotts Road up for sale at S$38.8 million
TWO strata retail units held by property group Top Global on the ground floor of 15 Scotts Road are up for sale at S$38.8 million.
The two adjacent ground floor units have a combined strata area of approximately 6,437 square feet (sq ft). At S$38.8 million, the indicative price translates to around S$6,000 per square foot (psf), according to marketing agent Cushman & Wakefield on Wednesday (May 24).
15 Scotts Road is a freehold nine-storey commercial building with retail space on the ground floor and eight floors of office space, in the prime Orchard Road area. Under the Urban Redevelopment Authority’s (URA) Master Plan 2019, the site is zoned commercial with a plot ratio of 4.9.
TRENDING NOW
Fed hike throws Singapore banks a margin lifeline; UOB most likely to feel impact
He built the Vingroup empire. Now South-east Asia’s richest man is handing some key roles to his sons
Real-estate veteran Desmond Sim quits from CEO roles at Realion, ETC
Chagee, Mixue and Luckin won the market. Sustaining their edge is the harder part