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CBRE launches sale of rare Clementi units

CBRE has announced the sale of four freehold strata commercial units at Clementi Arcade, located at 41 Sunset Way, Singapore. The sale will be conducted through an Expression of Interest exercise, closing on 13 August 2026 at 3pm. These units, nestled within the affluent Sunset Way residential area, are fully leased to a reputable childcare centre, providing immediate rental income for the buyer.

Clementi Arcade is a well-known neighbourhood destination, featuring tenants like Cold Storage and popular F&B outlets such as Baker & Cook. The area benefits from a strong patronage due to its proximity to educational institutions like Ngee Ann Polytechnic and the Singapore Institute of Management. Additionally, the Housing Board Development has earmarked approximately 15 hectares of nearby Maju Forest for new public housing, which is expected to enhance the precinct’s vibrancy.

The units, with a combined strata area of approximately 9,246 sq ft, offer potential for conversion to alternative uses, subject to approval. The site, occupying about 51,285 sq ft, has a Master Plan Plot Ratio of 1.4, indicating significant en bloc potential. The guide price for the asset is set at $22m, translating to approximately $2,379 per square foot.

Joshua Giam, Director of Capital Markets at CBRE, highlighted the rarity of such opportunities in Clementi Arcade, noting strong demand from family offices and high-net-worth individuals. The asset’s strategic location, opposite the planned Maju Forest development, is expected to increase its value. The site is well-connected, being an 8-minute drive from Clementi MRT Station and accessible via major expressways.

This story was selected and published by a human editor, with content adapted from original press material using AI tools. Spot an error? Report it here.

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