Rare City Fringe Commercial Trophy Asset
An exceptional opportunity to own a 999-year conservation shophouse in the highly sought-after Jalan Besar Conservation Area. Offered below bank valuation, this is an ideal long-term investment with immediate rental income and strong capital appreciation potential.
Property Highlights
- 999-Year Tenure (Almost Freehold)
- Asking Price: S$10,000,000
- Bank Valuation: S$12,000,000 (Buy below valuation!)
- Approx. Land Area: 1,350 sqft
- Approx. Built-up Area: 3,851 sqft
- 2-Storey Conservation Shophouse with Attic
- 4-Storey Rear Extension with Attic (Maximised Floor Area)
- Fully Income-Producing with multiple tenants
- Commercial Zoning – No ABSD & No SSD
Excellent Investment Potential
Prime conservation asset with limited future supply.
Immediate rental income from multiple tenancies.
Strong potential for long-term capital appreciation.
Rare opportunity to purchase significantly below bank valuation.
Well-maintained property with minimal renovation required.
Approved & Potential Uses
Existing conservation shophouse suitable for:
F&B / Restaurant
Office
Retail
Medical Clinic
Fitness & Wellness
Commercial School
Other commercial uses (subject to relevant authority approval)
Ground floor enjoys approved F&B use, making it highly attractive for operators and investors.
Prime Location! Strategically located within an established commercial and residential precinct.
Minutes to:
Jalan Besar MRT
Farrer Park MRT
Lavender MRT
Rochor
Bugis
CBD
Surrounded by hotels, offices, eateries, retail shops and a vibrant lifestyle hub.
Nearby Streets:
Sam Leong Road • Tan Quee Lan Street • Verdun Road • Kitchener Road • Serangoon Road • Tyrwhitt Road • Hamilton Road • Lavender Street • Desker Road • Rowell Road • Mayo Street
An Investment You Can Hold for Generations
Conservation shophouses remain one of Singapore's most sought-after commercial asset classes due to their scarcity, heritage value and resilient long-term performance.
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