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Commercial Directory · Retail · District 9

Concorde Hotel and Shopping Mall

2 sales from Apr 2023 to Sept 2023, at a median $3,017 psf (Apr 2023 to Sept 2023).

District 9 At a glance

Median psf, all sales
$3,017
Sales since Apr 2023
2
Latest sale, Sept 2023
$2,800 psf
Tenure
99-year lease

2 of 2 sellers with a known purchase price sold for more than they paid; the median made 2.2% a year.

Buying or selling at Concorde Hotel and Shopping Mall?

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2 sales Every sale

DateTypeLevelSq ftPricePsfSaleSeller boughtProfitA year
18 Sept 2023Retail2237$663,000$2,800ResaleSept 2008, $350k$313k4.3%
4 Apr 2023Retail2377$1,218,000$3,233ResaleNov 2012, $1.2M$18k0.1%

URA Realis caveats via Huttons, to 13 Oct 2026. Sq ft is the strata area. Profit is the sale price less the seller's purchase price, before stamp duty, GST and fees; “a year” is that gain as a yearly rate over the time held. Unit numbers are left out.

Concorde Hotel and Shopping Mall Questions

How much does a unit at Concorde Hotel and Shopping Mall cost?

2 unit sales at Concorde Hotel and Shopping Mall from Apr 2023 to Sept 2023 went for $2,800 to $3,233 psf, a median $3,017 psf on units of 237 to 377 sq ft. The latest, in Sept 2023, was $663,000 for 237 sq ft ($2,800 psf).

Did sellers at Concorde Hotel and Shopping Mall make money?

2 of 2 resales where the caveat shows the purchase price sold for more than the seller paid. The median seller made $166k, 2.2% a year, before stamp duty, GST, fees and the rent collected while they held it.

What kind of property is Concorde Hotel and Shopping Mall?

The sales here are retail units in District 9 (Core Central Region), most on a 99-year lease title. Commercial units carry no Additional Buyer’s Stamp Duty and cannot be bought with CPF.

Thinking of buying here to rent out? Check the yield and break-even in the Commercial Deal Check.

District 9 Nearby buildings

All 302 buildings