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Commercial podium at Tedge relaunched for sale at lower guide price of $13.88 mil

Gerine Tang Yi Qian
Gerine Tang Yi Qian • 2 min read
Commercial podium at Tedge relaunched for sale at lower guide price of $13.88 mil
The freehold retail podium at Tedge comprises four adjoining ground-floor strata units with a combined area of about 5,576 sq ft. Photo: CBRE
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A freehold suburban retail podium at Tedge has been relaunched for sale at an indicative guide price of $13.88 million, or about $2,490 psf on strata area, down from the previous guide price of $18 million in 2023.

The asset, marketed exclusively by CBRE via an expression of interest (EOI) exercise closing at 3pm on April 8, comprises four adjoining ground-floor strata retail units with a combined strata area of approximately 5,576 sq ft.

Completed in 2023, Tedge is a five-storey freehold mixed-use development with 42 residential units above the retail podium, all of which have been fully sold.

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