CBRE, as the exclusive marketing agent, is offering for sale two adjoining freehold strata shops located on the ground-floor of Lucky Plaza.
— CBRE, as the exclusive marketing agent, is offering for sale two adjoining freehold strata shops located on the ground-floor of Lucky Plaza. The sale will be conducted via an Expression of Interest exercise, which closes on Thursday, 15 October 2026, at 12pm.
Each unit has a strata area of approximately 441 sq ft and comes with F&B approval. Strategically positioned near the atrium of Lucky Plaza, the combined units enjoy a prominent 7-metre street frontage with excellent visibility and strong pedestrian traffic along Orchard Road.
Lucky Plaza is a freehold, strata-titled mixed-use development with a six-storey retail podium in the heart of Orchard Road. As one of the precinct’s oldest-standing retail landmarks, the development benefits from a steady flow of shoppers, office workers, residents and tourists. The property is surrounded by some of Singapore’s most iconic retail destinations, including Tang Plaza, ION Orchard, Ngee Ann City and Paragon, reinforcing its status as a highly sought-after commercial address within the Orchard Road precinct.
The guide price is S$11.4 million, translating to approximately S$13,000 per sq ft based on the strata area. The units may be purchased either individually or collectively, with each unit priced from S$5.7 million. Foreigners and corporate entities are eligible to purchase the property. No Additional Buyer’s Stamp Duty (ABSD) or Seller’s Stamp Duty (SSD) will be payable on the acquisition.
Mr. Joshua Giam (严瑾萱), Director of Capital Markets, Singapore at CBRE, says, “The property enjoys prominent street frontage along Orchard Road, a highly desirable attribute that is rarely available in the market. Recent transactions within Lucky Plaza have demonstrated strong demand for strata retail space, with three Level 1 units achieving prices ranging from S$9,755 to S$17,784 per sq ft despite not benefiting from direct street frontage.
Given that the property’s prominent frontage and high visibility, we believe it is well-positioned to command a premium. Freehold strata retail opportunities within the Orchard Road precinct are exceptionally scarce, particularly following the Urban Redevelopment Authority’s restrictions on further strata subdivision of commercial properties. Coupled with existing permanent F&B approvals for both units, we expect strong interest from both investors and owner-occupiers. Subject to relevant authorities’ approval, the units may also accommodate a range of alternative uses, including jewellery shops, pawnshops and other retail concepts.”
Lucky Plaza enjoys exceptional connectivity and is just few minutes’ walk from Orchard MRT interchange station, which serves both the North-South Line and Thomson-East Coast Line. The property is also approximately a 15-minute drive from the Central Business District (CBD) and enjoys convenient access to major expressways, including the Central Expressway (CTE).
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE: CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm and a premier provider of critical infrastructure services. The company has more than 155,000 employees serving clients in more than 100 countries. CBRE serves clients through four business segments: Advisory (leasing, sales, debt origination, mortgage servicing, valuations); Building Operations & Experience (facilities management, property management, flex space & experience, critical infrastructure); Project Management (program management, project management, cost consulting); Real Estate Investments (investment management, development). Please visit our website at www.cbre.com.
Release ID: 89203334
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