Concorde Shopping Centre

Concorde Shopping Centre is a leasehold (99 yrs from 1980) commercial property. The development occupies a land area of 11,974 sqm and a Gross Floor Area of 58,499 sqm.

CONCORDE SHOPPING CENTRE is located along Outram Road in Bukit Merah, in District 3. Other nearby amenities include: 3 Childcare Centre(s): MAPLE BEAR PRESCHOOL PTE. LTD., PRODIGY LA PETITE ACADEMY PTE. LTD., SUPERLAND MONTESSORI PRE-SCHOOL, and 3 Grocerie(s): COLD STORAGE SINGAPORE (1983) PTE LTD, FOODIE MARKET PLACE PTE. LTD., NTUC FAIRPRICE CO-OPERATIVE LTD, and 3 Kindergarten(s): Chinese Kindergarten, Artskidz Preschool, PCF SPARKLETOTS PRESCHOOL @ KRETA AYER-KIM SENG Blk 79 (KN), and 3 Shopping Mall(s): CONCORDE SHOPPING CENTRE, WATERFRONT PLAZA, GREAT WORLD CITY.

Based on transaction data in the last 12 months, the highest recorded transaction was S$ 1,593 psf in Apr 2022 for a 226 sqft unit for Office, S$ 1,827 psf in Mar 2022 for a 258 sqft unit for Shop. Its lowest recorded transaction was S$ 1,593 psf in Apr 2022 for a 226 sqft unit for Office, S$ 1,338 psf in Apr 2022 for a 269 sqft unit for Shop.

Buyers and tenants are attracted to District 3, which is comprised of Tiong Bahru, Alexandra and Queenstown. This district is located at the city fringe in the Central Region of Singapore and contains a good mix of public and private houses. District 3 is currently served by the East-West Line at Tiong Bahru MRT Station, Redhill MRT Station and Queenstown MRT Station. It takes approximately 10 minutes or less to commute from these stations to the Central Business District at Raffles Place MRT Station. Tiong Bahru is famous for its local food fare at the renowned Tiong Bahru Market & Food Centre. District 3 also houses an eclectic mix of specialty shops and heartland malls such as the Queensway Shopping mall and Tiong Bahru Plaza. On top of that, the world’s largest home furnishing retailer, IKEA, is situated at Alexandra road in Queenstown.

As a major financial and business hub, the Central Region stands as the dynamic city centre of Singapore. Spanning 13,150ha in land area, the region hosts Singapore's only UNESCO World Heritage Site and is home to many of the country's national monuments, such as the Merlion Park and Statue of Raffles. Although the region is designated mainly for commercial activities, it houses residential developments ranging from HDBs to bungalows. There is also plenty of greenery in the region, linked by 19km of park connectors. According to the Master Plan 2019, Orchard and Downtown will be rejuvenated as a lifestyle hub to include more mixed developments which offer live, work and play opportunities. New housing will be constructed in the Marina South Area with community facilities and amenities. Stage-6 of the Circle Line opening by 2025 will also enhance the Central Region's connectivity.