--- title: "Three Bukit Timah retail units hit market for $18.5m" type: "News" locale: "en" url: "https://longbridge.com/en/news/296300554.md" description: "Three freehold retail units at Greenwood Avenue, Bukit Timah, are listed for $18.5m via CBRE. Available individually or as a portfolio, the fully tenanted properties offer discounts of 10-18% compared to recent benchmarks. Freehold status exempts buyers from stamp duties, attracting foreign interest. Located near Tan Kah Kee MRT and major expressways, the units span approximately 1,450-1,539 sq ft each." datetime: "2026-08-19T04:14:52.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296300554.md) - [en](https://longbridge.com/en/news/296300554.md) - [zh-HK](https://longbridge.com/zh-HK/news/296300554.md) generator: "portal-rs" --- # Three Bukit Timah retail units hit market for $18.5m **The units are available individually or as a portfolio.** Three freehold ground-floor retail units at 20, 26 and 28 Greenwood Avenue in Bukit Timah are up for sale for $18.5m via Expression of Interest, according to CBRE. The units are available individually or as a portfolio. 20 Greenwood Avenue spans 1,539 square feet with a guide price of $6.5m, whilst 26 and 28 Greenwood Avenue each span roughly 1,450 square feet with guide prices of $6m apiece. The units sit within Hillcrest Park, a landed enclave with only 27 commercial units in total, and are fully tenanted, with tenants including Baker & Cook, Peperoni Pizzeria, Greenwood Fish Market and FairPrice Xpress. As freehold assets, they carry no Additional Buyer's Stamp Duty or Seller's Stamp Duty, making them open to foreign buyers. CBRE cited a recent $7.1m caveat at 24 Greenwood Avenue, positioning the current guide prices at a 10% to 18% discount to that benchmark. The properties are within walking distance of Tan Kah Kee MRT station on the Downtown Line, with access to the Pan-Island Expressway and Central Expressway. ### Related Stocks - [CBRE.US](https://longbridge.com/en/quote/CBRE.US.md) ## Related News & Research - [CBRE Group (CBRE) Could Be 16% Below Fair Value On Tech Talent And Leasing Demand](https://longbridge.com/en/news/296687366.md) - [CBRE CFO Emma E. Giamartino sells 2,250 shares for $333,652.5](https://longbridge.com/en/news/295974095.md) - [REG - CBRE Investment Mgmt LondonMetric - Form 8.3 - LondonMetric Property plc](https://longbridge.com/en/news/296381933.md) - [Inquiry Into Amazon.com's Competitor Dynamics In Broadline Retail Industry](https://longbridge.com/en/news/296338033.md) - [Azevedo & Travassos unit Rota Mogiana SPE meets key conditions for highway concession contract signing](https://longbridge.com/en/news/295984130.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**