Two freehold redevelopment sites off Lavender Street up for sale
Add BT as a preferred source
Vivienne Tay
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
TWO freehold redevelopment sites located off Lavender Street are up for sale by public tender, with indicative prices for 2 Cavan Road at S$47.4 million and 21 Cavan Road at S$12.6 million, joint marketing agents CBRE and HRL Properties said on Tuesday.
2 Cavan Road has a land area of about 20,100 square feet (sq ft) and houses a part-single-part-three -storey light industrial-cum-warehouse building, which is understood to have been built in the 1950s. If the property's existing building is conserved and incorporated into the proposed redevelopment, the development charge for this site will be S$18.9 million.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Japan stocks look set for new highs in 2025 on earnings, reform
Beijing’s calculated silence on the Iran war
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
