Advertisement
Singapore markets close in 40 minutes

  • Straits Times Index

    3,277.21
    -10.54 (-0.32%)
     

  • Nikkei

    37,934.76
    +306.28 (+0.81%)
     

  • Hang Seng

    17,675.82
    +391.28 (+2.26%)
     

  • FTSE 100

    8,114.73
    +35.87 (+0.44%)
     

  • Bitcoin USD

    64,417.94
    +278.12 (+0.43%)
     

  • CMC Crypto 200

    1,387.45
    -9.09 (-0.65%)
     

  • S&P 500

    5,048.42
    -23.21 (-0.46%)
     

  • Dow

    38,085.80
    -375.12 (-0.98%)
     

  • Nasdaq

    15,611.76
    -100.99 (-0.64%)
     

  • Gold

    2,358.50
    +16.00 (+0.68%)
     

  • Crude Oil

    83.87
    +0.30 (+0.36%)
     

  • 10-Yr Bond

    4.7060
    +0.0540 (+1.16%)
     

  • FTSE Bursa Malaysia

    1,574.80
    +5.55 (+0.35%)
     

  • Jakarta Composite Index

    7,059.48
    -95.81 (-1.34%)
     

  • PSE Index

    6,628.75
    +53.87 (+0.82%)
     

Bugis Point on the market for $59.5 mil

cheeyuen.tan@bizedge.com
Updated

Bugis Point, a six-storey commercial building at 530 North Bridge Road, has been put up for sale by public tender. According to CBRE, the appointed marketing agent, the property has a guide price of $59.5 million.

Bugis Point is located directly opposite Bugis Junction and the Bugis MRT interchange station. It sits on a 999-year leasehold site with a land area of 2,776 sq ft and has a total floor area of 16,975 sq ft.

Under the 2014 Master Plan, the site is zoned for full commercial use. The property is currently tenanted to a karaoke lounge operator, which occupies the entire building and an ancillary F&B space on the ground floor.

The public tender closes on Nov 9.

Bugis Point is located directly opposite Bugis Junction and the Bugis MRT interchange station

Source: CBRE

Related Articles From TheEdgeProperty.com.sg