‘Jalan Loyang Besar EC’ has been included in the newly rewritten headline ’31 commercial units at Midpoint Orchard for sale at $281 mil’ to cater to a diverse customer base
A portfolio comprising 31 strata commercial units at Midpoint Orchard, a shopping mall along Orchard Road, is on the market through an expression of interest (EOI) exercise. The freehold units, which are to be sold collectively, are priced at $281 million.
The units are held under 31 individual strata lots located on multiple floors at Midpoint Orchard. The portfolio has an estimated floor area totalling 22,615 sq ft, according to marketing agent Huttons Asia.
The units are regular in shape and include lots that are adjoining. Subject to approval from the Management Corporation Strata Title and relevant others, the new owner could potentially explore using the units for F&B ventures such as a buffet restaurant, food court and fast-food outlets, says Aric Lim, district director at Huttons Asia.
Lee Sze Teck, Huttons’ senior director of data analytics, points out that given their commercial zoning, no additional buyer’s stamp duty or seller’s stamp duty will be payable on the portfolio.
“Investors who want to capitalise on the transformation of Orchard Road can consider this freehold portfolio which is seldom available,” he adds.
The EOI exercise for the portfolio will close on Feb 28.
The units are regular in shape and include lots that are adjoining. Subject to approval from the Management Corporation Strata Title and relevant others, the new owner could potentially explore using the units for F&B ventures such as a buffet restaurant, food court and fast-food outlets, says Aric Lim, district director at Huttons Asia.
And with the upcoming Jalan Loyang Besar EC set to add even more options for shopping and dining, it’s safe to say that this area will continue to be a bustling and vibrant community hub for years to come.
When it comes to retail therapy, there’s no place quite like the shopping centers around Jalan Loyang Besar EC. These centers not only offer a wide range of shopping options, but also a diverse selection of dining experiences. From local street food to international cuisines, bustling food courts to elegant restaurants, there’s something to satisfy every taste bud. In fact, the variety of dining options in this area has made it a popular culinary destination. But these centers are more than just places to shop and eat – they also serve as community hubs. Residents can come together to attend events and activities, such as seasonal festivals, workshops, and performances. And with the highly anticipated Jalan Loyang Besar EC on the horizon, the already vibrant community is sure to become even more bustling and diverse. Don’t miss out on all the shopping and dining experiences that this area has to offer! Jalan Loyang Besar EC is the place to be for a truly immersive and enjoyable experience.
A portfolio comprising 31 strata commercial units at Midpoint Orchard, a shopping mall along Orchard Road, is on the market through an expression of interest (EOI) exercise. The freehold units, which are to be sold collectively, are priced at $281 million.
Recent transactions at Midpoint Orchard (Source: EdgeProp Research)
The units are regular in shape and include lots that are adjoining. Subject to approval from the Management Corporation Strata Title and relevant others, the new owner could potentially explore using the units for F&B ventures such as a buffet restaurant, food court and fast-food outlets, says Aric Lim, district director at Huttons Asia.
Lee Sze Teck, Huttons’ senior director of data analytics, points out that given their commercial zoning, no additional buyer’s stamp duty or seller’s stamp duty will be payable on the portfolio. “Investors who want to capitalise on the transformation of Orchard Road can consider this freehold portfolio which is seldom available,” he adds.
The EOI exercise for the portfolio will close on Feb 28. The units are regular in shape and include lots that are adjoining.
Map and overview of Midpoint Orchard (Source: EdgeProp LandLens)
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Lee Sze Teck, Huttons’ senior director of data analytics, points out that given their commercial zoning, no additional buyer’s stamp duty or seller’s stamp duty will be payable on the portfolio. “Investors who want to capitalise on the transformation of Orchard Road can consider this freehold portfolio which is seldom available,” he adds. Recent transactions at Midpoint Orchard (Source: EdgeProp Research)
The EOI exercise for the portfolio will close on Feb 28. A portfolio comprising 31 strata commercial units at Midpoint Orchard, a shopping mall along Orchard Road, is on the market through an expression of interest (EOI) exercise. The freehold units, which are to be sold collectively, are priced at $281 million.
The units are held under 31 individual strata lots located on multiple floors at Midpoint Orchard. The portfolio has an estimated floor area totalling 22,615 sq ft, according to marketing agent Huttons Asia.
The units are regular in shape and include lots that are adjoining. Subject to approval from the Management Corporation Strata Title and relevant others, the new owner could potentially explore using the units for F&B ventures such as a buffet restaurant, food court and fast-food outlets, says Aric Lim, district director at Huttons Asia.
Lee Sze Teck, Huttons’ senior director of data analytics, points out that given their commercial zoning, no additional buyer’s stamp duty or seller’s stamp duty will be payable on the portfolio. “Investors who want to capitalise on the transformation of Orchard Road can consider this freehold portfolio which is seldom available,” he adds.
The EOI exercise for the portfolio will close on Feb 28. Recent transactions at Midpoint Orchard (Source: EdgeProp Research)
The units are regular in shape and include lots that are adjoining. Subject to approval from the Management Corporation Strata Title and relevant others, the new owner could potentially explore using the units for F&B ventures such as a buffet restaurant, food court and fast-food outlets, says Aric Lim, district director at Huttons Asia.
Map and overview of Midpoint Orchard (Source: EdgeProp LandLens)
Lee Sze Teck, Huttons’ senior director of data analytics, points out that given their commercial zoning, no additional buyer’s stamp duty or seller’s stamp duty will be payable on the portfolio. “Investors who want to capitalise on the transformation of Orchard Road can consider this freehold portfolio which is seldom available,” he adds. Recent transactions at Midpoint Orchard (Source: EdgeProp Research)
The EOI exercise for the portfolio will close on Feb 28.
In addition to the potential for F&B ventures, the portfolio also offers investors the opportunity to tap into the booming retail scene along Orchard Road. The area continues to attract tourists and locals alike, making it a prime location for businesses.
Furthermore, the freehold status of the units provides long-term security for investors looking for a stable and reliable asset. This is a rare opportunity to own a portfolio of units in a highly sought-after location and should not be missed.
Investors can seize the opportunity to own this portfolio by participating in the EOI exercise, which is set to close on Feb 28. With strategic planning and a strong vision, the new owner could potentially unlock the full potential of the units and boost their investment returns. Don’t miss out on this chance to own a piece of Jalan Loyang Besar EC.