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Telok Ayer Conservation Area (D1), Shop House - For Sale

A Rare Generational Asset in Singapore’s Premier Heritage District
6,484 sqft | $7,403 psf (Built)
$48,000,000
Estimated mortgage $X,XXX monthly
CEA: R043167F | L3002382K
Hi I'm Jeslyn Lim Swee Hiang
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
Read more
Jeslyn Lim Swee Hiang
CEA: R043167F
About this property
Address
Amoy Street
Property Type
Shop House
Model
Shophouse
Asking
$48,000,000
Size
6,484 sqft (Built-up)
PSF
$7,403 psf (Built-up)
Tenancy Status
Not tenanted
Date Listed
1781633023
What's in this area?
All
Trains (MRT & LRT)
Bus Stops
Schools
Shopping Malls
Groceries & Supermarts
Trains (MRT & LRT)
TELOK AYER MRT
DT18
MAXWELL MRT
TE18
SHENTON WAY MRT
TE19
Bus Stops
Opp PWC Bldg
970186
Opp Sri Mariamman Tp
61197166
Primary Schools
Cantonment Primary
1.04 km
River Valley Primary
1.9 km
Secondary Schools
Outram Secondary
1.25 km
Integrated Schools
School Of The Arts, Singapore
2.0 km
Shopping Malls
China Square Central
0.23 km
Far East Square
0.27 km
Chinatown Point
0.48 km
Groceries & Supermarts
Atas Palate
0.34 km
fish supplier
0.41 km
SONG FISH- SEAFOOD MARKET PLACE
0.48 km
Google Map
Tap to Zoom
Bus/MRT
- mins
Drive
- mins
Walk
- mins
TELOK AYER MRT
DT18
0.16 km
Bus/MRT
- mins
Drive
- mins
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- mins
MAXWELL MRT
TE18
0.38 km
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- mins
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- mins
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SHENTON WAY MRT
TE19
0.51 km
Bus/MRT
- mins
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- mins
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Opp PWC Bldg
970 186
0.2 km
Bus/MRT
- mins
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- mins
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Opp Sri Mariamman Tp
61 197 166
0.22 km
Bus/MRT
- mins
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Cantonment Primary
1.04 km
Bus/MRT
- mins
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- mins
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- mins
River Valley Primary
1.9 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Outram Secondary
1.25 km
Bus/MRT
- mins
Drive
- mins
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- mins
School Of The Arts, Singapore
2.0 km
Bus/MRT
- mins
Drive
- mins
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- mins
China Square Central
0.23 km
Bus/MRT
- mins
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- mins
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Far East Square
0.27 km
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Chinatown Point
0.48 km
Bus/MRT
- mins
Drive
- mins
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Atas Palate
0.34 km
Bus/MRT
- mins
Drive
- mins
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- mins
fish supplier
0.41 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
SONG FISH- SEAFOOD MARKET PLACE
0.48 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
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