Serious and motivated seller!
RARE FREEHOLD 3-STOREY CONSERVATION SHOPHOUSE – PRIME CHINATOWN
1. Rare FREEHOLD commercial shophouse – ideal for investors seeking a long-term legacy asset.
2. Prime Chinatown location within Singapore's historic and highly sought-after conservation district.
3. 3-storey full commercial shophouse offering substantial usable space across multiple levels.
4. Approx. 1,717 sq ft land area with an impressive approx. 5,155 sq ft built-up area.
5. Asking Price: S$28 million – approximately S$5,432 psf based on built-up area.
6. Fully tenanted investment providing immediate rental income from Day 1.
7. Current total rental income of approximately S$33,000 per month / S$396,000 per annum.
8. Ground & 2nd floors currently tenanted at S$24,000 per month until 9 January 2029, providing investors with income visibility.
9. 3rd floor currently tenanted at S$9,000 per month until 20 November 2027.
10. Excellent connectivity – just a short walk to Chinatown MRT interchange, providing access to both the Downtown and North East Lines.
11. Strategic city-centre location with convenient access to the CBD, Raffles Place, Telok Ayer, Maxwell and Tanjong Pagar.
12. Located within one of Singapore's most established tourism, F&B, retail and cultural destinations, supporting strong long-term occupier appeal.
13. Freehold conservation shophouses are a highly limited asset class, with supply inherently constrained by Singapore's conservation framework.
14. Attractive to investors, family offices and high-net-worth buyers seeking a scarce real estate asset for long-term wealth preservation and legacy ownership.
15. Excellent opportunity to secure an iconic freehold commercial property combining heritage character, prime location, existing rental income and long-term investment potential.
Call Raymond Giam at 9.0.6.7.8.0.4.2. now.
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