{"id":123993,"date":"2021-12-28T03:30:34","date_gmt":"2021-12-27T20:30:34","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/30-bideford-road-up-for-sale-for-600mil\/"},"modified":"2021-12-28T12:02:51","modified_gmt":"2021-12-28T05:02:51","slug":"30-bideford-road-up-for-sale-for-600mil","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/30-bideford-road-up-for-sale-for-600mil\/","title":{"rendered":"30 Bideford Road up for sale for $600mil"},"content":{"rendered":"


\nThe 18-storey freehold mixed-use development sits on a 21,602 sq ft site and is located 600m from Somerset MRT station. Source: Google Maps
\n30 Bideford Road, a freehold luxury mixed-use development along the Orchard shopping belt, has been put up for sale with an indicative price of $600 million, revealed joint marketing agents Colliers and Knight Frank.
\nThe 18-storey development \u2013 which received its Temporary Occupation Permit (TOP) in early 2020 \u2013 comprises 168 serviced residential units as well as 54,512 sq ft of office, retail and medical space spanning five storeys.
\n\u201cThis is a rare and attractive investment proposition for investors looking for a brand-new freehold trophy asset located in prime District 9,\u201d said Knight Frank Singapore\u2019s Head of Capital Markets Daniel Ding.
\n\u201cThe opportunity may be suitable for hospitality operators who seek a flagship hospitality asset, or investors looking to acquire a generational asset.\u201d
\nLocated at 28 and 30 Bideford Road, the property sits on a 21,602 sq ft site that is zoned for Commercial and Residential use under the 2019 Master Plan with a gross plot ratio of 4.9.
\nIt enjoys easy access to various modes of transportation, with the Somerset MRT station just 600 m away. It is also near other high-end residential developments, offices, hotels and shopping malls, including Ngee Ann City, The Paragon and Mandarin Gallery.
\n\u201cSubject to the termination of existing leases at the property, the property will be sold with vacant possession on an \u201cas is, where is\u201d basis, offering investors different options to maximise its potential,\u201d said Wei Leng Tang, Managing Director at Colliers Singapore.
\nThe joint tender for 30 Bideford Road closes on 15 February 2022.
\nLooking for a property in Singapore? Visit PropertyGuru\u2019s\u00a0Listings,\u00a0Project Reviews\u00a0and\u00a0Guides.
\nCheryl Chiew, Digital Content Specialist at PropertyGuru, edited this story. To contact her about this story, email:\u00a0cheryl@propertyguru.com.sg.
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…30 Bideford Road up for sale for 0mil<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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Image credit: Knight Frank Singapore A freehold, two-storey terrace house located at 141 Neil Road has been put up\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113445,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/green-court-up-for-en-bloc-sale-with-28m-reserve-price\/","url_meta":{"origin":123993,"position":1},"title":"Green Court up for en bloc sale, with $28m reserve price","date":"January 7, 2020","format":false,"excerpt":"\r The three-storey commercial and residential development comprises three ground floor shops as well as six two-storey walk-up apartments on the second level. Green Court, a freehold mixed-use development situated along Geylang Road, is up for en bloc sale. The owners are expecting offers above their $28 million reserve price,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":94525,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/freehold-condo-sutton-place-up-for-sale-at-268m\/","url_meta":{"origin":123993,"position":2},"title":"Freehold condo Sutton Place up for sale at $268m","date":"July 24, 2018","format":false,"excerpt":"\r Sutton Place is located close to Farrer Road MRT station, and is also a short drive to the Central Business District and Orchard Road. (Photo: Knight Frank) Sutton Place, a five-storey residential development off Farrer Road, has been put up for sale with a reserve price of $268 million,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123481,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dublin-lodge-up-again-for-sale-price-lowered-to-65mil\/","url_meta":{"origin":123993,"position":3},"title":"Dublin Lodge up again for sale, price lowered to $65mil","date":"November 29, 2021","format":false,"excerpt":"\r Dublin Lodge up again for sale, price lowered to $65milLocated in prime District 9 at Dublin Road, Dublin Lodge is a freehold property that sits in a 2,510.2 sq m (27,020 sq ft)\u00a0site. Image: Knight Frank Freehold landed development Dublin Lodge has once again been put up for sale\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/11\/Dublin-Lodge-by-Knight-Frank-Pte-Ltd986.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":112888,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/doctor-buys-geylang-condo-in-26-million-en-bloc-sale\/","url_meta":{"origin":123993,"position":4},"title":"Doctor buys Geylang condo in $26 million en bloc sale","date":"December 5, 2019","format":false,"excerpt":"\r \u00a0 Kwong Wai Shiu Hospital, the owner of Leshan Gardens\u00a0condominium in Geylang, has sold the freehold property en bloc to an unnamed ear, nose, throat specialist for $26.28 million on a 104-year lease, reported The Business Times. The price, which\u00a0includes a $2.35 million development charge, works out to around\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":86132,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dunearn-gardens-sold-to-el-development-for-468m\/","url_meta":{"origin":123993,"position":5},"title":"Dunearn Gardens sold to EL Development for $468m","date":"April 23, 2018","format":false,"excerpt":"\r The purchase price is lower than the reserve price of $488.8 million. 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