Clemence Lee, senior director of capital markets at CBRE, expects interest for this property to be"well-received", on the back of ongoing plans to rejuvenate the neighbourhood, which will aid in increasing footfall to the asset.
"In the near future, the buyer can also consider maximising the plot ratio by carrying out additions and alterations works that will then further increase the asset's appeal to command higher rents and price," said Mr Lee.
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