CBRE has announced the sale of two adjoining freehold strata shops located on the ground floor of Lucky Plaza, Singapore. The sale, managed through an Expression of Interest exercise, will conclude on 15 October 2026 at 12pm. Each shop spans approximately 441 square feet and has Food and Beverage (F&B) approval, offering a combined 7-metre street frontage along Orchard Road.
Lucky Plaza, a prominent retail landmark on Orchard Road, benefits from high foot traffic due to its strategic location near iconic shopping destinations such as Tang Plaza, ION Orchard, and Ngee Ann City. The guide price for the shops is S$11.4m, equating to about S$13,000 per square foot. Buyers have the option to purchase the units individually or collectively, with each unit priced from S$5.7m. Notably, there are no Additional Buyer’s Stamp Duty (ABSD) or Seller’s Stamp Duty (SSD) applicable.
Joshua Giam, Director of Capital Markets at CBRE, highlighted the property’s unique street frontage as a rare market offering. “Recent transactions within Lucky Plaza have shown strong demand for strata retail space,” he noted, adding that the units are expected to attract significant interest from investors and owner-occupiers due to their prime location and existing F&B approvals.
The property is conveniently located near Orchard MRT interchange station and is a short drive from the Central Business District, enhancing its appeal to potential buyers.
