Tanjong Katong shophouse for sale at $8.8m base price
A prime freehold corner four-story conservation shophouse at 240 Tanjong Katong Road is up for sale with a beginning price of $8.8 million. The advertising specialist PropNex said yesterday.
For official Treasure at tampines developer, project details, floor plans, showflat appointment to be obtained by registering your interest now.
The 2,064 sq ft site is zoned on “private with business on the primary story”. With an admissible plot ratio of 3.0.
Also, the property is completely involved, with the ground floor rented to an eatery. As per Urban Redevelopment Authority rules, no new eateries are permitted on Tanjong Katong Road from Dunman Road to Mountbatten Road.
Tanjong Katong shophouse for sale
The property appreciates conspicuous facing on both Tanjong Katong Road and Parkstone Road. And it is an 11-minute stroll from the up and coming Tanjong Katong MRT station. Also, which is relied upon to be finished in 2023.
PropNex is offering the property through a shut offering exercise. As physical sale occasions are right now not permitted in the midst of Covid-19 limitations on huge gatherings.
Penrose Condo is a joint endeavor venture between Hong Leong Holdings and City Developments Limited.
Under the activity, all offers got before the end date will be made known to merchants and intrigued bidders.
PropNex head of corporate sales Clarence Goh said that under the shut offering framework. And also venders will realize that they are accepting firm proposals from certified purchasers. While bidders are informed of contending offers. However, which makes the procedure straightforward.
Entries under the shut offering exercise must be sent in by 3 pm next Tuesday at Level 11, HDB Hub East Wing.