# Three freehold commercial assets on South Bridge Road, Frankel Avenue for sale at $67 mil - **Source:** EdgeProp Singapore - **Published:** 2026-09-17T07:00:00.000Z - **Author:** Ashley Lo - **Original:** https://www.edgeprop.sg/property-news/three-freehold-commercial-assets-south-bridge-road-frankel-avenue-sale-67-mil - **Topics:** Commercial & Industrial, New Launches, Government & Policy ## Featured rationale The tenanted properties, redevelopment potential and relaxed hospitality restrictions may attract family offices, high-net-worth individuals and owner-occupiers seeking income or conversion opportunities in prime locations. ## AI summary Three freehold commercial assets on South Bridge Road and Frankel Avenue were launched for sale individually or collectively at a combined guide price of $67 million. ## Original article A portfolio of three freehold commercial assets has been launched for sale via an expression of interest (EOI) exercise, with a combined guide price of $67 million. The properties comprise two commercial buildings at 80/82 South Bridge Road and 74 South Bridge Road, as well as a shophouse along Frankel Avenue. They can be purchased individually or collectively. Both commercial buildings at South Bridge Road are fully tenanted, according to exclusive marketing agent CBRE. Read also: Pair of ground-floor shops at Lucky Plaza for sale at $11.5 mil Spanning six storeys, the building at 80/82 South Bridge Road occupies a 3,127 sq ft site. It carries a price tag of $40 million, or $4,062 psf based on its existing gross floor area (GFA) of about 9,848 sq ft. Fronting the South Bridge Road corridor, it is zoned for commercial use with a plot ratio of 4.2 under the URA Master Plan 2025. Prospective buyers can tap the property’s unutilised plot ratio to increase the total GFA to around 13,133 sq ft, subject to the relevant authorities’ approval, says CBRE. Located along the same street block, the six-storey building at 74 South Bridge Road sits on a 1,093 sq ft plot with a GFA of 5,791 sq ft. It carries a guide price of $20.5 million, or $3,540 psf on its GFA. Clarke Quay, Raffles Place and Chinatown MRT stations are within a six- to 10-minute walk of both assets. Following the URA’s June 2026 circular easing restrictions on new hotels, backpackers’ hostels and serviced apartments in the Upper Circular Road area, these South Bridge Road assets could benefit from greater redevelopment flexibility, says CBRE. Prospective buyers may explore converting the properties into boutique hospitality concepts, subject to the relevant authorities’ approvals, the firm adds. Read also: Six freehold shop units at Balestier Point launched for tender sale from $1,715 psf Meanwhile, the two-storey shophouse at 89/A Frankel Avenue occupies a site spanning 2,296 sq ft. It carries a guide price of $6.5 million, which translates to $1,889 psf on its total floor area of approximately 3,441 sq ft. The ground floor of the shophouse holds permanent approval for restaurant use, while the second level is approved for residential use. Located off East Coast Road within the Frankel Estate landed housing enclave, the shophouse occupies a stretch anchored by several F&B concepts, including Wine Connection Bar, The Coconut Club and Dutch Colony Coffee Co. The properties are expected to garner interest from family offices, high-net-worth individuals and owner-occupiers, says Ong Zhen Hao, associate director of capital markets in Singapore at CBRE. He adds: “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.” The EOI exercise for the properties will close on Oct 21 at 3pm. ## Chinese translation > Translation model: grok_cli ### 桥南路、Frankel Avenue三处永久地契商业资产以6,700万新元求售 其中两处为位于桥南路80/82号及74号的商业楼宇，第三处为沿Frankel Avenue的店屋。 三处永久地契商业资产组合已通过征询意向（EOI）程序推出求售，合计指导价为6,700万新元。 这些物业包括位于桥南路80/82号和桥南路74号的两栋商业楼宇，以及沿Frankel Avenue的一间店屋。买家可单独或整批购买。 独家营销代理CBRE表示，桥南路的两栋商业楼宇均已满租。 另读：Lucky Plaza一对地面层商铺以1,150万新元求售 桥南路80/82号楼宇共六层，占地3,127平方英尺。标价4,000万新元，按现有总楼面面积（GFA）约9,848平方英尺计算，相当于每平方英尺4,062新元。 该楼宇面向桥南路走廊，根据市区重建局《2025年总体规划》，划为商业用途，容积率为4.2。CBRE表示，潜在买家可利用该物业尚未使用的容积率，将总楼面面积增至约13,133平方英尺，惟须获相关当局批准。 同处同一街段的桥南路74号六层楼宇，占地1,093平方英尺，总楼面面积为5,791平方英尺。指导价为2,050万新元，按总楼面面积计算相当于每平方英尺3,540新元。 两处资产步行六至10分钟即可抵达克拉码头、莱佛士坊和牛车水地铁站。 CBRE表示，继市区重建局于2026年6月发出通告，放宽上圆形路一带新建酒店、背包客旅舍和服务公寓的限制后，这些桥南路资产或可受惠于更大的重建弹性。 该公司补充，潜在买家可探讨将物业改建为精品酒店概念，惟须获相关当局批准。 另读：Balestier Point六个永久地契商铺单位以每平方英尺1,715新元起招标出售 与此同时，Frankel Avenue 89/A号两层店屋占地2,296平方英尺。指导价为650万新元，按其总楼面面积约3,441平方英尺计算，相当于每平方英尺1,889新元。 该店屋地面层已获餐厅用途永久批准，二楼则获准作住宅用途。 该店屋位于东海岸路附近的Frankel Estate有地住宅区内，所在路段聚集多家餐饮概念，包括Wine Connection Bar、The Coconut Club和Dutch Colony Coffee Co。 CBRE新加坡资本市场副董事Ong Zhen Hao表示，这些物业预计将吸引家族办公室、高净值人士和自用买家的兴趣。 他补充道：“这个投资组合为投资者提供了一个引人注目的机会，可购入一批位于黄金地段、持续吸引强劲且稳定需求的稀有永久地契物业，有助于长期租金增长和资本增值。” 这些物业的征询意向程序将于10月21日下午3时截止。