Upper Circular Road (D1), Shop House - For Sale

Newly Developed Shophouse in Upper Circular Rd, consisting part 3-storey and part 6-storey
- Front Façade Maintained as Conservation Heritage Shophouse of 3-Storey
- Rear of Building has been developed to 6-storey high

Property Highlights
• Newly Refurbished 3-storey conservation shophouse with 6-storey rear extension
• Full Commercial Shophouse in District 1
• Fresh 99-year leasehold from 27 September 2022
• Foreigners are eligible to Invest
• NO ABSD applicable
• Fully Tenanted by F&B, commercial school, hair salon and facial beauty salon

Property Info & Pricing
• Address: Upper Circular Road, District 1
• Site Land Area: Est. 1,672 sqft | 155 sqm
• Gross Floor Area: Est. 7,333 sqft | 681 sqm
• Roof Terrace: Est. 494 sqft | 46 sqm
• Total Built-Up Area: Approx. 7,827 sqft | 727 sqm (GFA + Roof Terrace)
• Asking Price: $22,880,000

• Fitted with Passenger Lift with wheelchair accessibility to all 6 levels
• All units are newly fitted with individual Air-Conditioning

• Key Potential to convert to hospitality use (hotels, backpackers’ hostels and serviced apartments) at Upper Circular Road), subject to planning approval

Why This Property?
A rare opportunity to acquire a substantial conservation shophouse in a prime city-centre location, offering existing commercial occupancy and potential for future repositioning, subject to relevant approvals.

Location & Accessibility
• 3 minutes walk to Clarke Quay MRT, and walkable distance to Raffles Place MRT, and Chinatown MRT.
• Near CBD area with office workers, Boat Quay & Clarke Quay and surrounded by many hotels with high tourist

Call Susan Lam at 94.77 53.11 to enquire about this prime city-centre investment opportunity!

Thank you and be blessed.
Susan Lam | 林苏珊
Senior Associate Director
PropNex Realty – Luxury Team
CEA No. R012435H
Mobile: +65 94.77 53.11
Email: [email protected]
https://r012435h.propnex.net/