CBRE has announced the sale of a portfolio comprising freehold properties located in Singapore’s city-fringe and suburban areas. The properties, situated at 155 Kitchener Road, 329 Changi Road, and 362 Tanjong Katong Road, are available through an Expression of Interest exercise closing on 5 November 2025.
The properties are strategically positioned in dynamic districts such as Kallang, Marine Parade, and Bedok, benefiting from densely populated areas and access to key amenities and transport infrastructure. Each asset boasts a prestigious freehold tenure, with features like prime corner frontages and permanent “Restaurant” use approvals. Currently tenanted by a diverse mix of occupiers, the properties offer stable rental income to potential investors.
The portfolio’s indicative guide price is $57m (S$78m), with options to purchase collectively or individually. The properties include a pair of conservation shophouses, a mixed-use building, and strata retail units, with prices ranging from $8.4m (S$11.5m) to $21m (S$29m) per asset.
Clemence Lee, Executive Director of Capital Markets at CBRE, highlighted the investment potential, stating, “This portfolio presents a compelling opportunity for investors to acquire prime freehold assets in sought-after locations.” He noted the strong investor interest in well-located freehold assets with repositioning potential, offering opportunities for tenant mix refreshment and strategic refurbishments to enhance rental performance and capital appreciation.