Executive Summary
An extraordinary opportunity presents itself to acquire a trophy commercial asset in the heart of Singapore’s historic Downtown Core. Located at 97 Amoy Street, this exceptional 3.5-storey premium heritage shophouse stands as a testament to Singapore’s rich architectural history and its booming modern financial ecosystem.
Held on a highly coveted 999-year leasehold tenure—tantamount to freehold status in the Singapore real estate landscape—this property offers unparalleled capital preservation and long-term generational wealth creation. Sitting on an estimated land area of 2,035 sqft and boasting an expansive estimated built-up area of 6,484 sqft, this asset has been meticulously maintained and fully optimized to attract premium corporate and lifestyle tenants.
Priced at $48,000,000, 97 Amoy Street represents a blue-chip commercial real estate acquisition. The property is being sold with robust, high-yielding active tenancies in place, offering immediate and stable cash flow from day one. With a staggered lease expiration profile stretching up to October 2031, an investor secures immediate defensive income alongside substantial mid-to-long-term rental reversion upside.
Investment Highlights
Ultra-Rare 999-Year Tenure: In a market where commercial land is tightly held by the state, a 999-year leasehold title in District 1 provides the ultimate peace of mind, acting as a premier generational wealth shield.
Prime Central Business District (CBD) Location: Situated within the highly sought-after Telok Ayer/Amoy Street conservation area, a vibrant lifestyle and corporate enclave that commands some of the highest commercial rental rates in Singapore.
Substantial Scale and Presence: Featuring 3.5 storeys of highly functional, column-free commercial spaces, the property provides an impressive total built-up footprint of approximately 6,484 sqft.
Strong, Predictable Income Stream: Fully tenanted across all floors, generating immediate high returns