North Bridge Commercial Center for sale by tender

The site has the potential to be remodeled into a boutique office or retail development, with the opportunity for individual unit sale.

DTZ has been appointed the sole marketing agent for the collective sale of North Bridge Commercial Complex at 470 North Bridge Road, Singapore. The sale is being conducted through a tender exercise which will close on Thursday, 3 March 2011, 3 pm.

Owners with more than 90% of the total strata area and share values have given their consent to the collective sale, according to a DTZ report.

The property enjoys a wide and prominent frontage along North Bridge Road, and is very conveniently located with three MRT stations serving the area – City Hall MRT Interchange, Bugis MRT Station and the future Bugis Station on the Downtown Line. Strategically located in a vibrant neighbourhood, prominent developments nearby include the popular Bugis Junction, Inter-Continental Hotel, Raffles Hotel, upcoming South Beach project, Raffles City, amongst others.

It is highly accessible via Beach Road, Middle Road, Rochor Road, Bras Basah Road, Nicoll Highway and East Coast Park Expressway.

The freehold property sits on a land area of 1,079.1 sq m (11,615 sq ft) approximately. According to the Master Plan 2008, the site is zoned ‘Commercial’ at plot ratio 4.2, with building height of up to 6-storey. This translates into a total gross floor area of approximately 4,532.2 sq m (48,784 sq ft) approximately. The development is a 6-storey commercial block with existing gross floor area of 6,188.67 sq m (66,614 sq ft) approximately.

Shaun Poh, DTZ’s Senior Director for Investment Advisory Services and Auction commented: "There has been no similar property offering in the vicinity recently and we expect the property to attract keen interest from investors and developers. Given the site’s central and convenient location and its prominent frontage, the property has the potential to be revamped into a boutique office or retail development, with the opportunity for individual unit sale which has been well sought-after by retail investors. Shop units at The Bencoolen have recently changed hands at $3,500 to $5,300 psf and at Sim Lim Square up to $9,000 psf. Other possible development options include Residential use with Commercial at first storey and for Hotel use, subject to planning approval."

You're the reader we write for. You're also the person our partners want to reach.

If that sentence describes you — a founder, a C-suite, someone whose attention companies pay good money for — then you already understand why SBR works. We've spent twenty years earning the trust of readers exactly like you. Which is exactly what makes this an interesting place for your company to show up, too.

The ways it can show up are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The right fit depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If your company has something this audience should know about, we'd like to hear what you're working on.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia

Top News

30 One-Sentence Stories From People Who Have Built Better Habits

None of these stories are mine. They were sent to me by readers of Atomic Habits. My hope is that these examples will illustrate how real people are putting the book into practice. They will show you what people are actually doing to build good habits and break bad ones. And hopefully, they will spark some ideas for how you can do the same.

news conversion

SBR 5 Lorem Ipsum News 2 [8 May]

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

SBR 4 Lorem Ipsum [8 May Top Stories]