Cushman & Wakefield has announced the sale of Verdun House, a freehold commercial property located at the junction of Verdun Road and Sam Leong Road in Singapore. The property, which is fully leased, offers a mix of retail and F&B tenants on the ground floor, with upper floors occupied by a co-living operator. The sale is being conducted through an Expression of Interest exercise, closing on 21 September 2026.
Verdun House spans approximately 7,316 sq ft with a gross floor area of 22,730 sq ft. Zoned as “Commercial” under the URA Master Plan 2025, the property presents significant potential for value enhancement. Investors can increase the gross floor area to 30,728 sq ft without incurring a Land Betterment Charge, subject to necessary approvals. Shaun Poh, Executive Director at Cushman & Wakefield, highlighted the property’s potential for long-term value creation through asset enhancement and redevelopment.
The property’s prime location offers excellent connectivity, being within walking distance of Farrer Park MRT Station and close to key commercial precincts like the Central Business District and Orchard Road. It is also near amenities such as City Square Mall and Mustafa Centre, making it attractive to young professionals and students from nearby institutions.
Sophia Lim, Director of Capital Markets at Cushman & Wakefield, noted the strong occupier demand in the Farrer Park precinct, supported by its connectivity and proximity to healthcare and educational institutions. Verdun House is priced at S$82m, translating to approximately S$2,669 per sq ft based on the maximum allowable gross floor area.
