Serangoon Plaza on Sale

Serangoon Plaza, located at the junction of Serangoon Road and Syed Alwi Road (part of Mustafa, Singapore operates from Serangoon Plaza) has been put up for collective sale, as per news reports. The address location of Serangoon Plaza is 320 Serangoon Road and it’s a five-storey complex comprising of 128 units of retail and office space. With an area of around 68,521 sq ft and plot ratio of 3.0 under the 2008 Master Plan, the site has been zoned commercial. It could be redeveloped into a commercial project with a gross floor area (GFA) of up to 205,563 sq ft. The property carries a guide price of between S$360 million and S$368 million, which translates to S$1,751 - S$1,790 psf ppr.