Aberdeen Standard Investments (ASI) has acquired a row of six adjoining shophouses along 48 to 56 Peck Seah Street for $54 million, or about $2,700 psf, in a deal concluded by JLL. This is ASI’s first acquisition in Singapore for its global real estate portfolio. The two-storey shophouses boast a 33m street frontage, and have a gross floor area (GFA) of 19,938 sq ft. They are fully leased to...
Shophouses
Two conservation shophouses in Neil Road and three other shophouses with adjoining land in Jasmine Road are separately up for sale in the market, Colliers International said in a press statement on Wednesday. The pair of of adjoining two-storey conservation shophouses with attic at 65/67 Neil Road has an indicative price of S$15.57 million. This translates to about S$2,800 per square foot (psf), based...
A corner pair of freehold shophouses at 24 and 26 Moonstone Lane is up for sale as a bundle with an indicative price of S$6.6 million, marketing agent CBRE said on Tuesday. The two-storey shophouses occupy a total site area of about 2,877 square feet (sq ft) and have a combined existing built-up area of about 4,628 sq ft. Under the Urban Revelopment Authority's (URA) 2019 Master Plan, the properties...
Two retail units within a shophouse in Holland Village together with their adjacent front and rear land parcels have been launched for sale at an indicative price of S$13.8 million. The two strata units, one on the first storey and the other on the second storey, are located at 26A and 26C Lorong Mambong respectively. The freehold properties have a total strata area of about 1,840 square feet (sq...
Two freehold shophouses, one along East Coast Road and the other in Geylang, have been launched for sale by tender. Their guide prices start from S$9.9 million for the East Coast shophouse and from S$4.98 million for the Geylang property, marketing agent PropNex Realty said on Tuesday. The shophouse on 711 East Coast Road also has a student hostel licence, which allows accommodation facilities for...
A pair of conservation shophouses along Tras Street is up for sale with a guide price of S$12 million for the larger property and S$10.8 million for the smaller unit. This works out to about S$2,800 per square foot (sq ft) for each shophouse, sole marketing agent CBRE announced on Tuesday. The larger shophouse has a land area of about 1,494 square feet (sq ft) and total floor area of about 4,257 sq ft,...
Victory Point, comprising a two-storey conservation shophouse with an attic and a six-storey rear apartment block, has been launched for sale at an indicative price of S$14.7 million. The indicative price for the mixed-use development, held under a single title, translates to about S$1,390 per square foot (psf) based on the estimated gross floor area (GFA) of 10,609 square feet (sq ft), exclusive...
A pair of shophouses along Bali Lane in Bugis is up for sale by tender at a "fire sale" price of S$9.8 million, while another shophouse at Duxton Road has been launched for sale with an indicative price range of S$4.9 million to S$5 million, marketing agent PropNex Realty announced on Wednesday. The guide price of S$9.8 million for the shophouses at 13, 14 Bali Lane works out to about S$3,797 psf (per...
A prime four-storey conservation shophouse at 21 New Bridge Road has been launched for sale via tender at S$19.5 million, Colliers International said. The seller will bear the additional cost to top up the land tenure to a fresh 99-year lease, and has also committed to undertake addition and alteration (A&A) works to build out the rear extension from the current four storeys to up to six storeys. The...
Two commercial shophouses in Kampong Glam and Serangoon Gardens have been put for sale via expression of interest at guide prices of S$6.9 million and S$8.5 million respectively, said sole marketing agent Knight Frank. The 999-year leasehold Kampong Glam property is located at 18 Bali Lane. The two-storey conservation shophouse with attic, which is currently tenanted, has a total built-up area of about...