Corner shophouse building at Rangoon Road goes on sale
Published on Mar 10, 2014 7:02 PM
A two-storey shophouse building at the junction of Rangoon Road and Dorset Road was put up for sale via a tender exercise on Monday.
Property consultancy CBRE said the freehold corner building at 137 and 139 Rangoon Road has a combined land area of 3,837 sq ft.
It is zoned as residential with commercial at the first storey based on the 2008 Master Plan, and has a gross plot ratio of 3.0. The ground floor is tenanted as a coffeeshop.
The gross floor area of the existing shophouse is 5,603 sq ft, Ms Sammi Lim, the associate director of investment properties at CBRE, told The Straits Times.
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