Strategically located in District 7, near Bugis, Kampong Glam and the established Beach Road commercial precinct.
Located within a mature development featuring restaurants, cafes, retail shops, wellness services and everyday amenities.
Approximately 7 minutes’ sheltered walk to Nicoll Highway MRT (CC5), providing convenient access for shoppers and employees.
Retail podium beneath 311 residential units, offering a convenient customer catchment within the same development.
This 893 sqft strata retail unit at City Gate is offered for sale at a guide price of S$3.15 million. The current listing states that the unit is tenanted at S$7,500 per month with the lease running to 2027, giving an investor an existing income stream subject to verification of the tenancy documents.
City Gate sits along Beach Road near Kampong Glam, Nicoll Highway and Bugis. Buyers should review the tenancy agreement, maintenance charges, approved use, GST treatment and current rental terms before making an offer.
MRT: Nicoll Highway (CC5), Bugis (EW12/DT14).
Nearby food & amenities: Golden Mile Food Centre, Kampong Glam dining.
Information is subject to change. Buyers should independently verify title, approved use, tenancy, floor area and transaction costs before purchase.
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Request the latest floorplan, tenancy details and sale information.
Train Stations
Lavender MRT
Food & Amenities
Kampong Glam
Bugis
Carpark
Citygate
Approved Use
Commercial
Specific use subject to approval
Tenure
99 Years w.e.f 2014
What is the tenure of this City Gate shop?
The current listing states 99 Years from 2014. Buyers should confirm the title and remaining lease particulars with their solicitor before purchase.
Is the City Gate shop currently tenanted?
The current listing states that the unit is tenanted at S$7,500 per month until 2027. Buyers should review the tenancy agreement and verify the latest rent, lease expiry, deposit and any renewal terms.
Is ABSD payable on this purchase?
ABSD generally applies to residential property. If the property is solely non-residential commercial property, ABSD is generally not applicable. Buyers should obtain legal and tax advice for their circumstances.
Can foreigners buy this property?
Foreign-buyer eligibility depends on the title and property use. Purely commercial property is generally treated differently from landed residential property, but buyers should verify the title and any applicable approvals with their solicitor.
Can a GST-registered buyer claim GST?
Input tax may be claimable where GST is charged and the buyer satisfies the relevant IRAS conditions. Buyers should confirm the transaction structure with IRAS or their tax adviser.
Why consider City Gate?
City Gate offers a central Beach Road location with access to Nicoll Highway, Bugis, Kampong Glam and surrounding residential and commercial catchments. Buyers should still assess the specific unit and tenancy fundamentals.
Boat Quay