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John Lee

CEA License: R027183J

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Fortune Centre

$2,350,000
Negotiable
Est. Repayment $8,414 / mo
1,550 sqft / $1,516 psf

Commercial For Sale
190 Middle Road
View on map
  • 272.50m to DT21 Bencoolen
  • 378.66m to EW12 Bugis
  • 386.61m to DT13 Rochor
  • 434.04m to CC2 Bras Basah
  • 549.98m to DT14 Bugis
  • 625.69m to DT22 Jalan Besar
  • 688.33m to CC1 Dhoby Ghaut
  • 713.49m to NS24 Dhoby Ghaut
  • 761.33m to NE6 Dhoby Ghaut
  • 769.68m to NE7 Little India
  • 811.63m to CC3 Esplanade
  • 831.26m to EW13 City Hall
  • 831.26m to NS25 City Hall
  • 839.15m to DT12 Little India

About this Property

Property Details

Built
2016
Floor Level
-
Unit Facing
-
View
-
Developer
-
Tenure
99 Years Leasehold
Type
Commercial
Sub-type
Office
Listed
06 May 2025
Listing ID
412372356

Description

Fortune Centre, located in Singapore's bustling Bugis district, offers an excellent investment opportunity with its strategic location, unique charm, and strong growth potential. Here are the key reasons to consider investing in its office and retail units:

1. Prime Location and Accessibility
Fortune Centre enjoys a central location along Middle Road, close to Bugis MRT and Bras Basah MRT. Its proximity to key landmarks like Bugis Junction, the National Library, and Guoco Midtown ensures high foot traffic, making it an attractive location for businesses.

2. Established Niche Appeal
Known for its specialty stores, wellness centers, and vegetarian eateries, Fortune Centre attracts a loyal and diverse customer base. Its unique character gives it a competitive edge over more generic commercial developments.

3. Strong Demand and Rental Yield
Bugis is a thriving hub with consistent demand for retail and office spaces. This translates to stable rental income and potential for capital appreciation, especially with ongoing redevelopment projects in the area, such as Guoco Midtown.

4. No ABSD or SSD
Unlike residential properties, commercial properties like Fortune Centre are exempt from Additional Buyer’s Stamp Duty (ABSD) and Seller’s Stamp Duty (SSD), offering investors greater flexibility and cost savings.

5. Long-Term Growth Potential
The limited supply of strata-titled commercial units, coupled with Bugis’s continuous growth and vibrancy, enhances the investment value of Fortune Centre. Its location and niche market appeal make it a resilient and lucrative asset.

In summary, Fortune Centre offers investors a rare mix of location, steady returns, and long-term growth potential, making it a standout choice in Singapore’s commercial property market.

Location

67 Bus Stops Nearby

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