Rare opportunity to acquire a substantial shophouse in the heart of Singapore's CBD, just moments from Tanjong Pagar MRT. Set on an estimated land area of 1,693 sqft with an impressive built-up of approximately 7,507 sqft across 3.5 storeys and a basement, this shophouse offers exceptional floor area rarely found in this tightly-held precinct.
Fully tenanted with strong dual-income streams:
- 1st Floor: $29,200/month (Restaurant) — until 31 Dec 2026
- Upper Floors: $24,600/month (Office) — until 29 Feb 2028
Total: $53,800/month | $645,600/year
Gross yield of approximately 2.58% on asking price, with meaningful upside on lease renewal in one of Singapore's most supply-constrained commercial corridors.
Investment Highlights:
- Substantial 7,507 sqft built-up — among the largest floor plates on Stanley Street
- Diversified income — F&B and office tenants across separate leases
- Upper floor lease secured through Feb 2028, providing near-term income visibility
- Steps to Tanjong Pagar MRT and surrounded by Singapore's premier Grade A offices
- Strong tenant demand from CBD-based F&B operators and professional services firms
Asking: $25,000,000
Contact Jacklyn at 8926 XXXX for a virtual tour or to arrange a private viewing.