Boat Quay Conservation Area (D1), Shop House - For Sale

🏛 Prime 4-Storey Conservation Shophouse for Sale | 38 Circular Road, Singapore 049394

999-Year Tenure from 1826 | Freehold Equivalent | Fully Tenanted Investment Property

An exceptionally rare opportunity to acquire a premium conservation shophouse in the heart of Boat Quay, one of Singapore’s most prestigious and historic riverside precincts. This 4-storey gem at 38 Circular Road combines rich heritage charm with modern functionality — ideal for long-term investors seeking steady rental yield and strong capital appreciation in the CBD core.

🔑 Property Details:
Tenure: 999 years (from 1826)
Land Area: approx. 1,141 sqft
Built-Up Area: approx. 4,402 sqft
Asking Price: $28mil. Reduced from $30mil.
Zoning: Commercial (Foreigners eligible to purchase)
Ground Floor: Available for takeover – approx. 1,141 sqft, newly renovated with brand new air-conditioning, toilet & pantry

🌟 Key Investment Highlights:
✅ Prime Conservation Locale — Located along Circular Road, just steps from Boat Quay, Raffles Place & Clarke Quay.
✅ Fully Tenanted Upper Floors — Generating stable rental income with reputable tenants.
✅ High Capital Growth Potential — Ultra-limited supply of 999-year conservation assets in the CBD.
✅ Excellent Accessibility —
🚇 3 mins walk to Clarke Quay MRT (NEL)
🚇 5 mins walk to Raffles Place MRT (NSL/EWL)
🚗 Easy access via CTE, AYE & Nicoll Highway

 ✅ Vibrant Surroundings — Steps to Boat Quay dining belt, The Central Mall, Fullerton precinct, and Marina Bay.
 ✅ Flexible Viewing — For qualified buyers by appointment only.

💼 Why This Property:
With its near-freehold tenure, prime CBD location, and ready rental income, this asset presents one of the most secure and prestigious investment options available today. Such opportunities rarely come to market — perfect for family offices, private investors, or boutique developers seeking a flagship heritage property in Singapore’s financial heart.

📞 For Viewing & Enquiries📱+65 9002 XXXX
✉️
Pauline Chia, ERA
[email protected]

Exclusive shophouse listings welcomed – conservation properties preferred.