A restaurant-approved strata unit in the basement of Bukit Timah Plaza is being marketed for sale at S$9.8 million, offering a prime location and attractive features for potential buyers.
A prime restaurant-approved strata unit located in the basement of Bukit Timah Plaza has been listed for sale at S$9.8 million or S$2,890 per square foot (psf), reflecting a decrease from its initial listing price of S$11 million in 2022. The property is being marketed through an Expression of Interest (EOI) exercise, scheduled to conclude on March 19, 2025, as per CBRE.
This unit, boasting a 20-meter-wide frontage and approximately 3,391 sq ft of space, is strategically positioned facing the main central plaza of the complex. Its location within a bustling area with approximately 37,000 residents places it at the heart of Anak Bukit, Holland Road, and Swiss Club. The unit also benefits from proximity to renowned educational institutions such as the Singapore Institute of Technology (SIT), Singapore Institute of Management (SIM), Ngee Ann Polytechnic, Methodist Girls’ School, and Pei Hwa Presbyterian Primary School.The price point aligns with recent sales in Basement 2 of Bukit Timah Plaza. In March 2024, one unit sold for S$3,000 psf, while another unit transacted for S$2,973 psf in July 2022. A notable advantage for foreign buyers is the absence of Additional Buyer’s Stamp Duty (ABSD) or Seller’s Stamp Duty (SSD) on this purchase
PROPERTY BUKIT TIMAH PLAZA STRATA UNIT SINGAPORE REAL ESTATE RESTAURANT SPACE
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