Midpoint Orchard

220 Orchard Road Orchard / River Valley (D09)See on Map

4 mins (320 m) from NS23 Somerset MRT
Mall Shop

S$ 4,280,000

Starting From

785 sqft

S$ 5,452 psf


About this property

Freehold Shop In The Heart of Orchard, Enbloc Potential

Assured Leaseback at $7.5k / Month for 2 years. Tenanted or Vacant Possession - Your Choice !

Huge Shop Space Currently Segregated Into Three Shopfronts with Separate Tenants. Selling at Valuation!!!

Enbloc Value of 6.4m in the last collective sale launched by Midpoint Orchard, which is likely to push through due to both owners' as well as governments' support in rejuvenating Orchard as part of the latest URA policy.

This is your best chance to secure a freehold commercial space, supported by all 3 angles - Government Support on Rejunevation, Increased Land Prices, Most Suitable Commercial Space for Enbloc.

Latest caveat transacted at $15k psf, with recent transactions all ranging above $10k psf, making this unit an undervalued one. The mall sits in close proximity between 3 MRTs, with immediate bus stop access right in front of the mall, with the mall being right opposite Somerset 313 with more than 100k footfall daily.

Accessibility:
- Somerset MRT (0.17km)
- Orchard MRT (0.75km)
- Dhoby Ghaut MRT (0.79km)
- Bus Stops located Opp Somerset (0.03km), Before Cairnhill (0.19km), at Orchard Plaza (0.28km), and many more

Other Tags:
Lucky Plaza, Orchard OG, Faber House, Somerset, Dhoby Ghaut, Orchard, Cairnhill, Freehold, Shopfront, Salon

Property details

Mall Shop for sale
Partially fitted
Freehold tenure
Listed on 27 Nov 2024
Listing ID - 24665658
785 sqft floor area

What's nearby

No train stations near this location
Amenities
24-hour access
Cctv security
Surrounding facilities
Car park

FAQs

The sale price of this unit at Midpoint Orchard is S$ 4,280,000.
Current PSF at Midpoint Orchard is about S$ 5,452.23 psf.
Midpoint Orchard is located at 220 Orchard Road Orchard / River Valley Orchard / Holland (D09-10).
Floor size of this unit at Midpoint Orchard is 785 sqft.
Midpoint Orchard is a Freehold property.