Rarely Available Portfolio of Three Prime Freehold Assets for Sale

Singapore – 17 September 2026 – CBRE, as the exclusive marketing agent, is pleased to present a rare opportunity to acquire a portfolio of three prime freehold assets comprising two commercial buildings along South Bridge Road and a shophouse along Frankel Avenue. The portfolio is being offered for sale via an Expression of Interest (EOI) exercise, which closes on Wednesday, 21 October 2026, at 3pm. The combined guide price for the portfolio is $67 million, with the flexibility for purchasers to acquire the assets either collectively or individually.

80/82 South Bridge Road

Sitting on a total land area of approximately 3,127 square feet, this six-storey commercial building features a total gross floor area (GFA) of approximately 9,848 square feet and enjoys prominent frontage along the bustling South Bridge Road corridor leading towards Singapore’s Central Business District (CBD).

Zoned “Commercial” with a Plot Ratio of 4.2 under the Urban Redevelopment Authority (URA) Master Plan 2025, the property offers the potential to tap on its unutilised plot ratio and increase the total GFA to approximately 13,133 square feet, subject to relevant authorities’ approvals. The asset is fully leased and benefits from rare food and beverage (F&B) approvals on Levels 1 and 2.

The guide price for this asset is $40 million, reflecting approximately $4,062 per square foot on the existing GFA, or $3,046 per square foot on the maximum allowable GFA.

74 South Bridge Road

Located just a few doors down from 80/82 South Bridge Road along the same street block, this six-storey commercial building occupies a land area of approximately 1,093 square feet and has an existing GFA of approximately 5,791 square feet. The property is currently fully leased to a diverse mix of tenants across various trades.

The guide price for the asset is $20.5 million, reflecting approximately $3,540 per square foot on the existing GFA.

Strategically positioned between Raffles Place, City Hall, Chinatown, and Clarke Quay, the South Bridge Road properties are located within one of Singapore’s most vibrant mixed-use precincts. Surrounded by acclaimed dining establishments, boutique hotels, fitness studios and other amenities, the properties are exceptionally well-positioned to benefit from strong office-worker, local resident and tourist catchments.

Accessibility is further enhanced by the proximity of multiple MRT stations including Clarke Quay, Raffles Place and Chinatown, all within short walking distance.

Following the URA’s June 2026 circular that eased restrictions on new hotels, backpackers’ hostels and serviced apartments within the Upper Circular Road area, the South Bridge Road assets stand to benefit from enhanced redevelopment flexibility. As part of the government’s efforts to support businesses and expand accommodation options within heritage-rich precincts, incoming purchasers may explore the conversion of these assets into boutique hospitality concepts, subject to relevant authorities’ approvals.

89/A Frankel Avenue

The third asset in the portfolio is a two-storey shophouse located off East Coast Road in the heart of the highly coveted Frankel Estate landed housing enclave.

The property occupies a prominent stretch anchored by well-known F&B concepts such as Wine Connection Bar, The Coconut Club and Dutch Colony Coffee Co., alongside a curated mix of lifestyle and fitness operators. The area is well-supported by a well-established and affluent residential catchment.

Featuring a spacious site area of approximately 2,296 square feet with a total floor area of approximately 3,441 square feet, the ground floor holds permanent restaurant approval, while the second level is approved for residential use.

The guide price for the asset is $6.5 million, reflecting $1,889 per square foot on the total floor area.



Mr. Ong Zhen Hao (王镇豪), Associate Director of Capital Markets, Singapore at CBRE, said, “This portfolio presents a compelling opportunity for investors to acquire a collection of rare freehold properties in prime locations that continue to attract strong and consistent demand, supporting long-term rental growth and capital appreciation.

Each asset offers unique attributes, flexible value-enhancement opportunities and varying price quantum, making the portfolio attractive to a broad spectrum of buyers. We expect strong interest from family offices, high-net-worth individuals and owner-occupiers looking to secure strategic premises for their businesses and long-term investment holdings.”