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FOR SALE BY EXPRESSION OF INTEREST: Freehold Non-Conserved Commercial Building at 562 Serangoon Road

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FOR SALE BY EXPRESSION OF INTEREST: Freehold Non-Conserved Commercial Building at 562 Serangoon Road
Business

Business

FOR SALE BY EXPRESSION OF INTEREST: Freehold Non-Conserved Commercial Building at 562 Serangoon Road

2025-05-15 10:00 Last Updated At:10:15

SINGAPORE, May 15, 2025 /PRNewswire/ -- Brilliance Capital Pte. Ltd. is proud to present to the market an exceptionally rare opportunity to acquire a freehold commercial building with individual strata titles per floor at 562 Serangoon Road, a highly visible and well-positioned property located in the heart of one of Singapore's most vibrant and culturally rich city fringe districts.

This four-storey commercial property occupies a land area of approximately 2,336 square feet and offers a total floor area of approximately 7,453 square feet, with individual strata titles for each level. The building presents a rare opportunity to acquire a freehold, non-conserved commercial asset with approved F&B use on the ground floor, making it highly attractive for a variety of investor profiles including owner-occupiers, landlords, corporates, hospitality operators, and family offices.

What truly distinguishes this property is its non-conserved status, an exceptional rarity along this stretch of Serangoon Road that is otherwise lined with conserved shophouses under architectural controls. As a Non-Conserved Envelope Control Site within a Secondary Settlement and zoned "Commercial" under the 2019 URA Master Plan with a plot ratio of 3.0, the site offers the buyer maximum flexibility to reconfigure, reposition, or redevelop the property to suit modern business needs. Subject to authorities' approvals, this opens the door to future-proofed uses such as serviced apartments, co-living residences, lifestyle clinics, co-working spaces, or creative concept showrooms, depending on owner and/or tenant demands and market trends.

Adding to its desirability is the building's ground-floor restaurant use approval, a tightly regulated designation in many central precincts. With F&B use already in place, owners can either operate their own flagship outlet or command premium rents from established tenants seeking main-road visibility in a city-fringe location.

The building's strata title per floor enhances its long-term investment appeal, offering flexibility for multi-use configurations or future strata divestment. This structure gives investors the freedom to either hold and lease the building as a whole or sell individual floors strategically over time. Few commercial properties in Singapore today combine such flexibility, rarity of tenure, and redevelopment potential in one asset. The guide price is set at a palatable S$23.5 million, in line with the latest valuation, offering exceptional value for a freehold standalone commercial building in a city-fringe locale with such versatile attributes.

Strategically located within a five-minute walk from both Farrer Park MRT Station and Boon Keng MRT Station (North-East Line), the property enjoys excellent connectivity and exposure, situated directly along Serangoon Road which is a major arterial road that channels strong pedestrian and vehicular traffic daily. The site is also well connected to key expressways including the CTE and PIE, and is within a short drive to popular areas such as Little India, Farrer Park, Bidadari, and the Kallang Riverside precinct.

Shopping malls such as City Square Mall and Mustafa Centre Mall are within a short walk, providing convenient access to daily essentials, dining, and entertainment. The area is also anchored by established medical and wellness hubs including Connexion at Farrer Park, an integrated healthcare and hospitality development comprising Farrer Park Hospital and One Farrer Hotel, as well as the Kwong Wai Shiu Hospital nearby. These major facilities not only draw a steady stream of visitors and medical tourists, but also support demand from wellness, aesthetic, and specialist clinics. Additionally, lifestyle enclaves such as Little India, Kampong Glam, and the emerging Boon Keng–Bendemeer precinct inject vibrancy into the district, while surrounding residential estates including HDB clusters in Whampoa and Boon Keng, and private developments like City Square Residences, Sturdee Residences, and 8 Riversuites, ensure a constant local population that drives daily footfall and commercial demand.

The broader Serangoon–Boon Keng–Lavender corridor is undergoing steady transformation, with new residential projects, community upgrades, and commercial developments on the horizon. This evolving landscape is expected to uplift overall land values and rental yields in the district, offering buyers strong future growth potential both in terms of capital appreciation and income.

"This is one of those real estate opportunities that checks all the right boxes," says Ms Sammi Lim, Founder and Executive Director of Brilliance Capital Pte. Ltd. "562 Serangoon Road offers freehold tenure, F&B approval, strata flexibility, and the freedom to enhance or reposition the building without conservation constraints. It is truly a rare gem. In today's tightly held urban market, finding a non-conserved commercial asset with such prominence and potential is incredibly rare."

She adds, "With its prime location near key districts, 562 Serangoon Road stands out as a highly desirable investment and owner-occupier asset. It offers excellent accessibility, high foot traffic, and strong future growth potential. For investors looking to unlock value over time, or businesses wanting their own city-fringe headquarters with branding visibility and upside, this is an asset not to be missed."

The property's pure commercial zoning ensures that the acquisition is not subject to Additional Buyer's Stamp Duty (ABSD) or Seller's Stamp Duty (SSD), a distinct advantage for both local and foreign buyers. This investment is suitable for a wide range of profiles, from private investors, corporates and family offices to developers and institutional funds looking for a unique foothold in central Singapore.

Brilliance Capital is the sole marketing agent for this Expression of Interest.

The Expression of Interest closes on 9 July 2025, Wednesday at 3:00 p.m.

Note to editors:
One high-resolution photograph of the properties are enclosed.

About Brilliance Capital Pte. Ltd.

Brilliance Capital is a premier real estate agency specializing in bespoke advisory and transaction services for high-net-worth individuals, family offices, property developers, and institutions in Singapore and globally.

Founded and led by Sammi Lim, a veteran in Singapore's property landscape , our team of top-tier professionals excels in selling and leasing luxury residential, commercial, and industrial properties, as well as collective sales. We also offer tailored consultancy and advisory services, addressing personal, professional, and investment needs with precision and care.

Backed by deep market insight and a robust international network, Brilliance Capital is dedicated to building lasting relationships and delivering exceptional real estate outcomes.

SINGAPORE, May 15, 2025 /PRNewswire/ -- Brilliance Capital Pte. Ltd. is proud to present to the market an exceptionally rare opportunity to acquire a freehold commercial building with individual strata titles per floor at 562 Serangoon Road, a highly visible and well-positioned property located in the heart of one of Singapore's most vibrant and culturally rich city fringe districts.

This four-storey commercial property occupies a land area of approximately 2,336 square feet and offers a total floor area of approximately 7,453 square feet, with individual strata titles for each level. The building presents a rare opportunity to acquire a freehold, non-conserved commercial asset with approved F&B use on the ground floor, making it highly attractive for a variety of investor profiles including owner-occupiers, landlords, corporates, hospitality operators, and family offices.

What truly distinguishes this property is its non-conserved status, an exceptional rarity along this stretch of Serangoon Road that is otherwise lined with conserved shophouses under architectural controls. As a Non-Conserved Envelope Control Site within a Secondary Settlement and zoned "Commercial" under the 2019 URA Master Plan with a plot ratio of 3.0, the site offers the buyer maximum flexibility to reconfigure, reposition, or redevelop the property to suit modern business needs. Subject to authorities' approvals, this opens the door to future-proofed uses such as serviced apartments, co-living residences, lifestyle clinics, co-working spaces, or creative concept showrooms, depending on owner and/or tenant demands and market trends.

Adding to its desirability is the building's ground-floor restaurant use approval, a tightly regulated designation in many central precincts. With F&B use already in place, owners can either operate their own flagship outlet or command premium rents from established tenants seeking main-road visibility in a city-fringe location.

The building's strata title per floor enhances its long-term investment appeal, offering flexibility for multi-use configurations or future strata divestment. This structure gives investors the freedom to either hold and lease the building as a whole or sell individual floors strategically over time. Few commercial properties in Singapore today combine such flexibility, rarity of tenure, and redevelopment potential in one asset. The guide price is set at a palatable S$23.5 million, in line with the latest valuation, offering exceptional value for a freehold standalone commercial building in a city-fringe locale with such versatile attributes.

Strategically located within a five-minute walk from both Farrer Park MRT Station and Boon Keng MRT Station (North-East Line), the property enjoys excellent connectivity and exposure, situated directly along Serangoon Road which is a major arterial road that channels strong pedestrian and vehicular traffic daily. The site is also well connected to key expressways including the CTE and PIE, and is within a short drive to popular areas such as Little India, Farrer Park, Bidadari, and the Kallang Riverside precinct.

Shopping malls such as City Square Mall and Mustafa Centre Mall are within a short walk, providing convenient access to daily essentials, dining, and entertainment. The area is also anchored by established medical and wellness hubs including Connexion at Farrer Park, an integrated healthcare and hospitality development comprising Farrer Park Hospital and One Farrer Hotel, as well as the Kwong Wai Shiu Hospital nearby. These major facilities not only draw a steady stream of visitors and medical tourists, but also support demand from wellness, aesthetic, and specialist clinics. Additionally, lifestyle enclaves such as Little India, Kampong Glam, and the emerging Boon Keng–Bendemeer precinct inject vibrancy into the district, while surrounding residential estates including HDB clusters in Whampoa and Boon Keng, and private developments like City Square Residences, Sturdee Residences, and 8 Riversuites, ensure a constant local population that drives daily footfall and commercial demand.

The broader Serangoon–Boon Keng–Lavender corridor is undergoing steady transformation, with new residential projects, community upgrades, and commercial developments on the horizon. This evolving landscape is expected to uplift overall land values and rental yields in the district, offering buyers strong future growth potential both in terms of capital appreciation and income.

"This is one of those real estate opportunities that checks all the right boxes," says Ms Sammi Lim, Founder and Executive Director of Brilliance Capital Pte. Ltd. "562 Serangoon Road offers freehold tenure, F&B approval, strata flexibility, and the freedom to enhance or reposition the building without conservation constraints. It is truly a rare gem. In today's tightly held urban market, finding a non-conserved commercial asset with such prominence and potential is incredibly rare."

She adds, "With its prime location near key districts, 562 Serangoon Road stands out as a highly desirable investment and owner-occupier asset. It offers excellent accessibility, high foot traffic, and strong future growth potential. For investors looking to unlock value over time, or businesses wanting their own city-fringe headquarters with branding visibility and upside, this is an asset not to be missed."

The property's pure commercial zoning ensures that the acquisition is not subject to Additional Buyer's Stamp Duty (ABSD) or Seller's Stamp Duty (SSD), a distinct advantage for both local and foreign buyers. This investment is suitable for a wide range of profiles, from private investors, corporates and family offices to developers and institutional funds looking for a unique foothold in central Singapore.

Brilliance Capital is the sole marketing agent for this Expression of Interest.

The Expression of Interest closes on 9 July 2025, Wednesday at 3:00 p.m.

Note to editors:
One high-resolution photograph of the properties are enclosed.

About Brilliance Capital Pte. Ltd.

Brilliance Capital is a premier real estate agency specializing in bespoke advisory and transaction services for high-net-worth individuals, family offices, property developers, and institutions in Singapore and globally.

Founded and led by Sammi Lim, a veteran in Singapore's property landscape , our team of top-tier professionals excels in selling and leasing luxury residential, commercial, and industrial properties, as well as collective sales. We also offer tailored consultancy and advisory services, addressing personal, professional, and investment needs with precision and care.

Backed by deep market insight and a robust international network, Brilliance Capital is dedicated to building lasting relationships and delivering exceptional real estate outcomes.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

FOR SALE BY EXPRESSION OF INTEREST: Freehold Non-Conserved Commercial Building at 562 Serangoon Road

FOR SALE BY EXPRESSION OF INTEREST: Freehold Non-Conserved Commercial Building at 562 Serangoon Road

Introducing Vibe Testing for the Age of Infinite Code: As Agentic AI transforms software development, TestMu AI introduces autonomous agents to ensure quality keeps pace with infinite code, powering 1.5+ billion tests annually across 18,000+ enterprises.

SAN FRANCISCO and NOIDA, India, Jan. 12, 2026 /PRNewswire/ -- LambdaTest, the AI-native, agentic quality engineering platform, today announced its rebrand to TestMu AI, marking a bold step forward in its evolution from a cloud testing platform to the world's first full-stack Agentic AI Quality Engineering platform.

The transformation addresses a critical inflection point in software development: as AI generates code at unprecedented rates, traditional testing creates a bottleneck. Quality Engineering teams need intelligent systems that can reason about change, observe failures, and adapt continuously.

As TestMu AI, the organization is expanding its platform to support the next generation of software builders, including 'vibe coders.' Their AI agents allow developers to 'vibe test' and move at the speed of thought, and ensure that vibe-coded apps are not only of high quality but are also reliable when they come in front of customers.

This shift reflects the company's average 110% year-on-year growth over the last 2 years. To date, the platform has executed billions of tests for 18,000+ enterprise customers, including Microsoft, OpenAI, NVIDIA, Vimeo, Dunlem across 90+ countries.

Founded in 2018, LambdaTest rapidly became one of the most trusted names in cloud-based test orchestration and execution. They built a scalable, high-performance test cloud that removed flakiness, improved developer feedback loops, and drastically accelerated release velocity.

In 2022, the company began a deep transformation, moving deep into agentic AI across its products and workflows to empower autonomous, intelligent quality engineering at scale. Today, TestMu AI's AI-Agentic unified platform powers end-to-end quality engineering for over 2.8 million developers and testers worldwide, helping teams ship faster and build with confidence.

"AI is fundamentally changing how software is built and shipped," said Asad Khan, CEO and Co-Founder of TestMu AI (Formerly LambdaTest). "Development cycles that once took weeks now take hours. But speed without quality is chaos. We recognized that testing needed to evolve from brittle, high-maintenance automations to intelligent context-driven agents that understand change and act on it autonomously. We have evolved from an execution cloud into an active, intelligent partner in the software testing lifecycle. With billions of tests running on our platform, we are now delivering experiences where human ingenuity and machine intelligence combine to make quality engineering effortlessly powerful."

TestMu AI has rearchitected its platform to be AI-native, deploying autonomous AI Agents to plan, author, execute, and analyze software quality with minimal manual intervention. The platform now delivers:

  • Autonomous AI Agents for Testing: Plan, author, and evolve end-to-end tests using company-wide context or simple natural language prompts. Users can now test every layer of the database, API, UI, performance, and more.
  • Agentic AI Test Cloud: A scalable and unified test execution cloud to run any type of test at any scale, including visual regression, accessibility, API, and performance testing, web and mobile, to custom enterprise environments.

The name 'TestMu' was adopted directly from its community. Since 2022, the TestMu Conference has served as the industry's primary forum for advancements in AI and quality engineering.

By adopting this name, the company is signaling that the community is the core of the organization, infusing the spirit of that open, collaborative conference into the platform itself.

"Our community recognized the spirit of TestMu long before this announcement," Khan added. "TestMu represents a thriving community, a shared craft, and the future of quality engineering."

The company was recently recognized in the 2025 Gartner® Magic Quadrant™ for AI-Augmented Software Testing Tools report and in The Forrester Wave™: Autonomous Testing Platforms 2025 report.

"Our journey has mirrored the evolution of software testing itself," said Mudit Singh, Co-Founder and Head of Marketing, TestMu AI. "We began by building the 'Perfect Cloud for the Cloud Era,' solving pain points related to scalable infrastructure, and helped start the industry's one of the earliest conversations around AI in testing through the TestMu Conference. Today, we are entering a new phase, where agentic AI enables autonomous, end-to-end quality engineering. TestMu AI represents this shift: a forward-looking identity built for an AI-native future, while staying deeply rooted in our ecosystem, our community, and our relentless commitment to quality."

Looking ahead, TestMu AI's roadmap includes fully autonomous AI agents, agent-to-agent testing, evaluation of AI systems by AI agents, and deep integration with codebases and developer workflows, positioning quality engineering as a continuously learning, self-governing layer of modern software development.

For more information, visit: https://www.testmu.ai

About TestMu AI

TestMu AI (Formerly LambdaTest) is a Full-Stack Agentic AI Quality Engineering platform that empowers teams to test intelligently and ship faster. Engineered for scale, it offers end-to-end AI agents to plan, author, execute, and analyze software quality. AI-native by design, the platform enables testing of web, mobile, and enterprise applications at any scale across real devices, real browsers, and custom real-world environments.

 

 

Introducing Vibe Testing for the Age of Infinite Code: As Agentic AI transforms software development, TestMu AI introduces autonomous agents to ensure quality keeps pace with infinite code, powering 1.5+ billion tests annually across 18,000+ enterprises.

SAN FRANCISCO and NOIDA, India, Jan. 12, 2026 /PRNewswire/ -- LambdaTest, the AI-native, agentic quality engineering platform, today announced its rebrand to TestMu AI, marking a bold step forward in its evolution from a cloud testing platform to the world's first full-stack Agentic AI Quality Engineering platform.

The transformation addresses a critical inflection point in software development: as AI generates code at unprecedented rates, traditional testing creates a bottleneck. Quality Engineering teams need intelligent systems that can reason about change, observe failures, and adapt continuously.

As TestMu AI, the organization is expanding its platform to support the next generation of software builders, including 'vibe coders.' Their AI agents allow developers to 'vibe test' and move at the speed of thought, and ensure that vibe-coded apps are not only of high quality but are also reliable when they come in front of customers.

This shift reflects the company's average 110% year-on-year growth over the last 2 years. To date, the platform has executed billions of tests for 18,000+ enterprise customers, including Microsoft, OpenAI, NVIDIA, Vimeo, Dunlem across 90+ countries.

Founded in 2018, LambdaTest rapidly became one of the most trusted names in cloud-based test orchestration and execution. They built a scalable, high-performance test cloud that removed flakiness, improved developer feedback loops, and drastically accelerated release velocity.

In 2022, the company began a deep transformation, moving deep into agentic AI across its products and workflows to empower autonomous, intelligent quality engineering at scale. Today, TestMu AI's AI-Agentic unified platform powers end-to-end quality engineering for over 2.8 million developers and testers worldwide, helping teams ship faster and build with confidence.

"AI is fundamentally changing how software is built and shipped," said Asad Khan, CEO and Co-Founder of TestMu AI (Formerly LambdaTest). "Development cycles that once took weeks now take hours. But speed without quality is chaos. We recognized that testing needed to evolve from brittle, high-maintenance automations to intelligent context-driven agents that understand change and act on it autonomously. We have evolved from an execution cloud into an active, intelligent partner in the software testing lifecycle. With billions of tests running on our platform, we are now delivering experiences where human ingenuity and machine intelligence combine to make quality engineering effortlessly powerful."

TestMu AI has rearchitected its platform to be AI-native, deploying autonomous AI Agents to plan, author, execute, and analyze software quality with minimal manual intervention. The platform now delivers:

  • Autonomous AI Agents for Testing: Plan, author, and evolve end-to-end tests using company-wide context or simple natural language prompts. Users can now test every layer of the database, API, UI, performance, and more.
  • Agentic AI Test Cloud: A scalable and unified test execution cloud to run any type of test at any scale, including visual regression, accessibility, API, and performance testing, web and mobile, to custom enterprise environments.

The name 'TestMu' was adopted directly from its community. Since 2022, the TestMu Conference has served as the industry's primary forum for advancements in AI and quality engineering.

By adopting this name, the company is signaling that the community is the core of the organization, infusing the spirit of that open, collaborative conference into the platform itself.

"Our community recognized the spirit of TestMu long before this announcement," Khan added. "TestMu represents a thriving community, a shared craft, and the future of quality engineering."

The company was recently recognized in the 2025 Gartner® Magic Quadrant™ for AI-Augmented Software Testing Tools report and in The Forrester Wave™: Autonomous Testing Platforms 2025 report.

"Our journey has mirrored the evolution of software testing itself," said Mudit Singh, Co-Founder and Head of Marketing, TestMu AI. "We began by building the 'Perfect Cloud for the Cloud Era,' solving pain points related to scalable infrastructure, and helped start the industry's one of the earliest conversations around AI in testing through the TestMu Conference. Today, we are entering a new phase, where agentic AI enables autonomous, end-to-end quality engineering. TestMu AI represents this shift: a forward-looking identity built for an AI-native future, while staying deeply rooted in our ecosystem, our community, and our relentless commitment to quality."

Looking ahead, TestMu AI's roadmap includes fully autonomous AI agents, agent-to-agent testing, evaluation of AI systems by AI agents, and deep integration with codebases and developer workflows, positioning quality engineering as a continuously learning, self-governing layer of modern software development.

For more information, visit: https://www.testmu.ai

About TestMu AI

TestMu AI (Formerly LambdaTest) is a Full-Stack Agentic AI Quality Engineering platform that empowers teams to test intelligently and ship faster. Engineered for scale, it offers end-to-end AI agents to plan, author, execute, and analyze software quality. AI-native by design, the platform enables testing of web, mobile, and enterprise applications at any scale across real devices, real browsers, and custom real-world environments.

 

 

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

LambdaTest Rebrands to TestMu AI, the World's First Agentic Quality Engineering Platform for Fully Autonomous Testing

LambdaTest Rebrands to TestMu AI, the World's First Agentic Quality Engineering Platform for Fully Autonomous Testing

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