Beauty World Plaza up for collective sale once more for $165m美世界广场再次挂牌集体出售，要价1.65亿美元。
Beauty World Plaza is up for collective sale again at $165 million, with serviced apartment potential and a tender closing on Nov 19. Read more at straitstimes.com.
This is Beauty World Plaza’s third attempt at a collective sale, all at the same price.
ST PHOTO: KELVIN CHNG
Published Oct 13, 2026, 06:29 PM
Updated Oct 13, 2026, 06:32 PM
Beauty World Plaza is on sale again for $165 million, or $2,231 per sq ft, in a public tender that closes at 3pm on Nov 19.
The eight-storey mixed-use site in Singapore has commercial shops, homes and an open terrace, with 999-year leasehold and approval for serviced apartments.
It is the third collective sale attempt after failed bids in 2018 and 2019, though ETC says its location near schools could support hospitality and co-living uses.
SINGAPORE – Mixed-used development Beauty World Plaza is up for sale again at $165 million, or $2,231 per sq ft of gross floor area, said real estate advisory firm ETC on Oct 13.
The eight-storey property stands on a 24,817 sq ft site, with commercial shops on the first three floors, flats above and an open terrace on the fourth floor. It was built in the early 1980s and has 61 retail and 30 residential units.
The 999-year leasehold development site is zoned for commercial and residential use, and has a gross plot ratio of 3 under the Urban Redevelopment Authority Master Plan 2025 .
Preliminary approval has been granted for serviced apartments to be developed in the residential component of the development, which could accommodate about 108 keys, based on a minimum unit size of 35 sq m, said ETC.
“Beyond a conventional redevelopment play, the buyer can also consider asset enhancement for the existing development,” said Swee Shou Fern, head of investment advisory at ETC.
“The property’s proximity to educational institutions enhances its potential for hospitality, serviced apartment, co-living and other accommodation concepts catering to academia.”
ETC, the sole marketing agent, is conducting the sale through a public tender exercise, which closes at 3pm on Nov 19.
The development’s second attempt at a sale en bloc in mid-2019 at an unchanged reserve price of $165 million failed to draw any takers.
Its first bid was in November 2018. THE BUSINESS TIMES
En bloc/collective sale
Property market/sector
这是美世界广场第三次尝试集体甩卖，所有商品价格相同。
《海峡时报》摄影：KELVIN CHNG
发布于 2026 年 10 月 13 日下午 6:29
更新于2026年10月13日下午6:32
美世界广场再次挂牌出售，售价为 1.65 亿美元，即每平方英尺 2231 美元，公开招标将于 11 月 19 日下午 3 点截止。
这座位于新加坡的八层混合用途建筑拥有商铺、住宅和开放式露台，拥有 999 年的租赁权，并已获准建造服务式公寓。
这是继 2018 年和 2019 年竞标失败后的第三次集体出售尝试，尽管 ETC 表示，该地块靠近学校，可能适合发展酒店和合租公寓等用途。
新加坡——房地产咨询公司ETC于10月13日表示，综合用途开发项目美世界广场再次挂牌出售，售价为1.65亿美元，即每平方英尺总建筑面积2231美元。
这栋八层高的建筑占地24,817平方英尺，前三层为商铺，上三层为公寓，第四层为开放式露台。该建筑建于20世纪80年代初，拥有61个零售单元和30个住宅单元。
该地块为999年租赁产权，规划用途为商业和住宅，根据市区重建局2025年总体规划，其容积率为3。
ETC表示，已初步批准在该开发项目的住宅部分开发服务式公寓，根据最小单元面积35平方米计算，可容纳约108间客房。
“除了传统的重建计划外，买家还可以考虑对现有开发项目进行资产增值，”ETC投资咨询主管Swee Shou Fern表示。
“该物业毗邻教育机构，这增强了其在酒店、服务式公寓、共享居住空间和其他迎合学术界的住宿概念方面的潜力。”
独家营销代理 ETC 将通过公开招标的方式进行销售，招标将于 11 月 19 日下午 3 点结束。
该项目在 2019 年年中第二次尝试整体出售，底价仍为 1.65 亿美元，但未能吸引到任何买家。
它首次竞标是在2018年11月。《商业时报》
整体出售/集体出售
房地产市场/行业