New Bridge Road commercial site up for sale at $80m

The sale will be via an Expression of Interest.

59 New Bridge Road, an expanded 5-storey conservation commercial building with a 6-storey rear extension is up for sale for $80m, according to CBRE.

It is located within the Upper Circular Road Conservation Area and has a land area of approximately 4,318 square feet (sq. ft.) with a plot ratio of 4.2 under the Urban Redevelopment Authority (URA) Master Plan 2019.

The site underwent extensive alteration works involving a complete revamp of its interiors and an additional 6-storey rear extension to maximise its allowable plot ratio.

It now has a total gross floor area of about 18,110 sq. ft. and features regular and efficient floor plates, lift access on all floors, and a communal open roof terrace.

The sale will be via an Expression of Interest exercise which will close on Thursday, 20 March 2025, at 3 p.m.

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