With a 4.2 plot ratio under the Urban Redevelopment Authority’s (URA) Master Plan 2025, there is opportunity for prospective buyers to perform additions and alternation (A&A) works to maximise the gross floor area of 43 North Canal Road to approximately 7,720 sq ft, according to exclusive marketing agent Steward Asia, under PropNex Realty.
A commercial shophouse at 43 North Canal Road is up for sale with a starting price of $4.6 million.
The 99-year leasehold property sits on a 1,838 sq ft land parcel and has a built-up area of approximately 3,290 sq ft. The starting price thus translates to about $1,398 psf based on the existing built-up area.
