1 Acre Land For Sale in Upper Hill

An exceptional opportunity to acquire a 1-acre corner parcel within Upper Hill. This parcel is surrounded by some of the city’s most iconic landmarks  Grade-A office towers, schools and universities, diplomatic institutions, five-star hotels, and leading healthcare facilities  making it an ideal setting for a landmark mixed-use development.

Key Investment Highlights

Strategic Location: Prominent corner plot with dual road frontage, offering high visibility and excellent accessibility.

Plot Profile: Rectangular and relatively flat, with mains sewer, electricity, and water connections readily available.

Zoning: High-density commercial, approved for up to 40+ floors, with potential for higher density subject to planning approval.

Ideal Uses: Perfect for a mixed-use development comprising Grade-A offices, retail, hospitality, and serviced apartments.

Significant Transactional Advantage

The property is held under a Special Purpose Vehicle (SPV), allowing acquisition through share transfer, offering No 16% VAT payable and Stamp Duty reduced from 4% to 1% on share transfer