Shophouses

Corner 999-year leasehold shophouse in Serangoon Gardens for sale at S$25m

A 999-year leasehold corner shophouse in Serangoon Gardens is up for sale with an indicative guide price of S$25 million. The two-storey non-conservation shophouse, located at 56 Serangoon Garden Way, occupies a land area of 2,122 square feet and total built up area of 3,482 square feet. According to marketing agent JLL, which is currently inviting offers through an expression of interest (EOI) exercise,...

Two shophouses in Duxton Hill and one on Stanley Street sold for S$37.3m

Entities connected to veteran property investor Stanley Quek are understood to be selling a pair of adjoining shophouses in Duxton Hill and a shophouse in Stanley Street in separate deals totaling S$37.3 million. The pair of shophouses at 40 and 41 Duxton Hill are changing hands at S$24.8 million. They are on two separate land lots, but the units are linked, forming a distinctive corner shophouse...

Two Tanjong Pagar conservation shophouses up for sale with S$22.6m price tag

Two conservation shophouses in Tras Street (at Tanjong Pagar area) have been put up for sale by the same owner in an expression of interest exercise, according to an announcement from the marketing agent JLL on Wednesday. The three-storey leasehold commercial properties, which are not adjacent, have a guide price of S$22.6 million, or about S$2,800 per square feet based on gross floor area. The...

Shophouses: Investing in Singapore’s heritage

My childhood days were spent in a pre-war shophouse owned by my great-grandparents, who operated a traditional Chinese medical hall on the ground floor, and resided on the upper levels. I spent many a carefree afternoon playing with other children in the rear court, roaming along the five-foot way and hiding, up in the attic. Even though this row of traditional shophouses along Upper Bukit Timah Road...

2 adjoining Amoy Street conservation shophouses up for sale

Marketing agent CBRE is launching the tender sale of 87 and 88 Amoy Street, a pair of two adjoining prime 4-storey conservation shophouses in the heart of the CBD. Both 87 and 88 Amoy Street have a combined land area of approximately 5,375 square feet, and a total gross floor area of approximately 14,641 square feet. The site is zoned for commercial usage under the Chinatown (Telok Ayer) Conservation...

Cluster of three adjoining Chinatown shophouses for sale

A freehold cluster of three adjoining conservation shophouses located right in the heart of the historic and vibrant district of Chinatown at Smith Street has been launched for sale via public tender. Sited within the popular street block bordered by New Bridge Road, Temple Street, Trengganu Street and Smith Street, the corner plot is conveniently located within 2 to 5-minutes’ walk from the Chinatown...

Conservation shophouse in Boon Tat Street for sale

A conservation shophouse in Boon Tat Street has been put up for sale via an expression of interest exercise with price expectations of around $17 million. The shophouse in the Telok Ayer Conservation Area has permanent food and beverage (F&B) approvals granted for both floors, and houses the Michelin-starred restaurant Cheek by Jowl. The 999-year leasehold site has a land area of 1,759 sq ft and the...

Shophouses in Little India, Chinatown conservation areas launched for sale

Three plots of prime conservation shophouses located in Little India and Chinatown conservation areas are being offered for sale by expression of interest. The plot in Little India is a block of four adjoining shophouses, while the other plots are two shophouses in Chinatown. Located within Little India along Jalan Besar, the 999-year leasehold block of four shophouses are located directly opposite...

Shophouses come under the spotlight again

The recent property cooling measures in Singapore has once again diverted the spotlight from the private residential market to the shophouse market. Shophouse clusters can be classified into two main submarkets. Those in the central business district (CBD) are in areas such as Chinatown, Tanjong Pagar, Upper Circular Road and Boat Quay, while the rest are farther out in places like Kampong Glam, Little...

Commercial and residential project at Mohamed Sultan Road put up for sale

A property under construction at 21/23 Mohamed Sultan Road in prime District 9, consisting of an eight-storey residential block and adjoining commercial building, has been put up for sale by tender by a privately held investment holding company (owner). The indicative price is about S$30 million, said its sole marketing agent, SRI (Singapore Realtors Inc). Tony Koe, SRI managing director said that...

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