Land

Collective Sale of Shenton House

3 Shenton Way, Singapore, 068805, SG

Collective Sale of Shenton House_Property for Sale

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Asset Description

JLL is pleased to offer for sale by public tender, Shenton House, 3 Shenton Way, Singapore.


Under the CBD Incentive Scheme, the site will enjoy a 25% bonus gross floor area and be redeveloped to a mixed-use or hotel development up to a GPR of 14.0.


Shenton House presents astute developers with an investment opportunity to create a prized landmark development in the core of the financial district.

Attributes

Asking Price
SEK 4,717,130,000
Land area net
0.00 km² (3,377 m²)

Investment Highlights

  • Land 36,350 sq ft; 99 years from June 1969 (Balance ~45 years)
  • Triple road frontages with high visibility along Shenton Way (~91m)
  • 2019 MP ‘Commercial’ at GPR 11.2 – NO ABSD
  • CBD Incentive Scheme +25% bonus up to GPR 14.0
  • 3 possible options: ‘Commercial’ with up to 40% Res; ‘Com & Res’ or ‘Hotel’​
  • Shenton Way MRT Station; 300m to Downtown MRT; 450m to Tanjong Pagar MRT

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Last updated
13 Feb 2023