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Brilliance Capital launches rare freehold building sale

Newsflash Asia

- May 15, 2025

Brilliance Capital Pte. Ltd. has announced the sale of a rare freehold commercial building at 562 Serangoon Road, Singapore. This four-storey property, with a land area of approximately 2,336 square feet and a total floor area of 7,453 square feet, is available through an Expression of Interest closing on 9 July 2025.

The building stands out due to its non-conserved status, offering flexibility for redevelopment. Zoned as “Commercial” under the 2019 URA Master Plan, it allows for diverse uses such as serviced flats, co-living spaces, or lifestyle clinics, subject to approval. The ground floor has approved F&B use, enhancing its appeal for investors and business operators.

Strategically located near Farrer Park and Boon Keng MRT stations, the property benefits from high foot traffic and excellent connectivity. It is also close to shopping centres like City Square Mall and Mustafa Centre, and medical hubs such as Farrer Park Hospital. This positioning supports a steady demand for commercial activities.

Sammi Lim, Founder and Executive Director of Brilliance Capital, highlighted the property’s unique attributes, stating, “562 Serangoon Road offers freehold tenure, F&B approval, strata flexibility, and the freedom to enhance or reposition the building without conservation constraints. It is truly a rare gem.”

The building’s pure commercial zoning exempts it from Additional Buyer’s Stamp Duty and Seller’s Stamp Duty, making it an attractive option for both local and foreign investors. With a guide price of $17.2m (S$23.5m), this property presents a compelling opportunity for those seeking a strategic investment in Singapore’s vibrant city fringe.
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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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