Fresh lease. 99 years from September 2022.
Upper Circular Conservation Shophouse | Hospitality Potential
LOOKING FOR A CBD-FRINGE ASSET WITH MORE THAN ONE EXIT STRATEGY?
A newly refurbished conservation shophouse with approx. 7,827 sqft total built-up area (include 494 sqft roof terrace), just 3 minutes' walk from Clarke Quay MRT and within walking distance of Raffles Place and Chinatown MRT.
Why investors should take a closer look:
✓ INCOME FROM DAY ONE
Currently fully occupied by F&B, commercial school, hair salon and beauty salon tenants.
✓ HOSPITALITY ANGLE
URA's June 2026 circular has opened the door for hotel, backpackers' hostel and serviced apartment proposals to be considered within the Upper Circular Road street blocks, subject to the relevant approvals.
✓ PRIME RIVERFRONT PRECINCT
Positioned within the Singapore River / Clarke Quay area — one of Singapore's established lifestyle, F&B and entertainment precincts.
✓ CONSERVATION CHARACTER + MODERN BUILDING
Newly refurbished 3-storey conservation shophouse with a substantial 6-storey rear extension, passenger lift and 1 car park lot.
✓ ROOFTOP CBD VIEWS
Approx. 494 sqft roof terrace overlooking the Singapore CBD skyline.
This is not simply a shophouse purchase — it is an opportunity to acquire a strategically located commercial asset with existing occupancy and potential future repositioning options.
Asking S$22.88M.
If you are an investor, hospitality operator or business owner looking for a CBD-fringe commercial asset with income today and potential upside tomorrow, this deserves a closer look.
SHOPHOUSE CONSERVE BOAT QUAY CLARKE QUAY HOTELS BACKPACKER HOSTEL COLIVING CONSERVATION SHOP ANN SIANG STREET AMOY HONG KONG STREET HILLSTREET DUXTON ROAD F&B COMMERCIAL RETAIL
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