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Two buildings zoned commercial in Tanjong Pagar to be launched for collective sale

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Corinne Kerk

Published Mon, Sep 26, 2022 · 07:43 PM
    • Built in 1959, the 5-storey building on Hoe Chiang Road currently has 5 commercial units on the ground floor and 20 residential units above.
    • Just like the building on Hoe Chiang Road, this one on Lim Teck Kim Road is also 5 storeys high and has 5 commercial units on the ground floor and 20 residential units above.
    • Built in 1959, the 5-storey building on Hoe Chiang Road currently has 5 commercial units on the ground floor and 20 residential units above. PHOTO: PROPNEX
    • Just like the building on Hoe Chiang Road, this one on Lim Teck Kim Road is also 5 storeys high and has 5 commercial units on the ground floor and 20 residential units above. PHOTO: PROPNEX

    A PAIR of 5-storey buildings on Hoe Chiang Road and Lim Teck Kim Road in prime Central Business District’s (CBD) Tanjong Pagar will be launched for collective sale in mid-November after recently achieving 80 per cent consent from owners.

    Built in 1959, the 2 buildings sit with their backs facing each other on 999-year leasehold land and are located at 1, 3, 5, 7 and 9 Hoe Chiang Road and 2, 4, 6, 8 and 10 Lim Teck Kim Road. The Hoe Chiang Road site is 8,449 square feet and the Lim Teck Lim Road site is 8,450 sq ft.

    Under Master Plan 2019, they are zoned for commercial use, with a gross plot ratio (GPR) of 5.6.

    Singapore propertySingapore officescommercial real estatePropNex

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