# Six freehold shop units at Balestier Point launched for tender sale from $1,715 psf - **Source:** EdgeProp Singapore - **Published:** 2026-08-12T10:01:37.000Z - **Author:** EdgeProp Singapore - **Original:** https://www.edgeprop.sg/property-news/six-freehold-shop-units-balestier-point-launched-tender-sale-1715-psf - **Topics:** New Launches, Government & Policy, Transactions & Deals ## Featured rationale Individual purchasing flexibility, foreign-buyer eligibility and potential redevelopment upside may support investor interest in limited-supply freehold commercial assets within established city-fringe locations. ## AI summary Six freehold commercial units at Balestier Point, measuring 592 to 4,898 sq ft, were launched for tender from $1,715 psf, closing Sept 15. ## Original article [object Object],[object Object],[object Object] Six commercial units at Balestier Point, a freehold mixed-use development in District 12, are available for sale via tender with prices starting from $1,715 psf. They are sized from about 592 sq ft to 4,898 sq ft each, and can be purchased individually, said exclusive marketing agent SRI in an Aug 12 news release. While the release did not disclose the asking quantums, the starting psf price works out to roughly $1.02 million to $8.4 million, going by the unit size range. Read also: How cross-border real estate financing is evolving between Hong Kong and Singapore Most of the six units are located on the first storey, with some facing the main concourse and two with direct road frontage. The 18-storey Balestier Point, located at 279 Balestier Road, comprises 51 commercial units and 68 residential units. It is about five minutes by bus from the Novena and Boon Keng MRT stations. The site is zoned commercial and residential with a plot ratio of 3.0 under URA’s Master Plan 2025, which SRI said presents potential long-term redevelopment or en bloc opportunities. "Balestier Point presents buyers with the flexibility to acquire individual units for investment or business use, while also offering the added upside of future redevelopment potential given its favourable zoning," noted Mok Sze Sze, managing partner of SRI Auction. As the units are commercial properties, they are not subject to additional buyer’s stamp duty and foreigners are eligible to purchase them. Mok added that freehold commercial properties in established city-fringe locations remain highly sought after due to their limited supply and long-term value. Read also: Freehold Jalan Besar shophouse for sale at $8.5 mil The tender exercise will close at 3.30pm on Sept 15 at SRI's Great World City office. Check out the latest listings for Balestier Point properties ## Chinese translation > Translation model: openai_codex_cli ### Balestier Point 六个永久地契店铺单位推出招标出售，售价从每平方英尺 1,715 新元起 这些商业单位面积从 592 平方英尺至 4,898 平方英尺不等。代理表示，可能存在重建或集体出售/en bloc 潜力。 [object Object],[object Object],[object Object] 位于第 12 区永久地契综合用途发展项目 Balestier Point 的六个商业单位现通过招标出售，价格从每平方英尺 1,715 新元起。 独家营销代理 SRI 在 8 月 12 日的新闻稿中表示，这些单位每个面积约从 592 平方英尺至 4,898 平方英尺不等，可单独购买。 虽然新闻稿未披露叫价总额，但按单位面积范围计算，起始每平方英尺价格大致相当于约 102 万新元至 840 万新元。 延伸阅读：How cross-border real estate financing is evolving between Hong Kong and Singapore 六个单位中大多数位于一楼，部分面向主中庭，其中两个拥有直接临街面。 18 层的 Balestier Point 位于 279 Balestier Road，包括 51 个商业单位和 68 个住宅单位。它距离 Novena 和 Boon Keng MRT stations 约五分钟巴士车程。 根据 URA 的 Master Plan 2025，该地段规划用途为商业和住宅，地积比为 3.0；SRI 表示，这带来潜在的长期重建或集体出售/en bloc 机会。 “Balestier Point 为买家提供了购买个别单位作投资或商业用途的灵活性，同时鉴于其有利的规划用途，也提供未来重建潜力所带来的额外上行空间，”SRI Auction 管理合伙人 Mok Sze Sze 指出。 由于这些单位属于商业房地产，因此不受额外买方印花税/ABSD 约束，外国人也有资格购买。 Mok 补充说，位于成熟城市边缘地段的永久地契商业房地产，因供应有限和长期价值，仍然备受追捧。 延伸阅读：Freehold Jalan Besar shophouse for sale at $8.5 mil 招标活动将于 9 月 15 日下午 3.30 在 SRI 的 Great World City 办公室截止。 查看 Balestier Point 房地产的最新房源