RARE Shophouse for Sale in the heart of Chinatown (Row of 7 Conservation Shophouses)
Strategically located in the heart of Chinatown, which is a local and tourist attraction, this RARE Shophouse for Sale bustles with commuter traffic. The property will benefit from the prominent frontages onto Smith Street, Trengganu Street and Temple Street, Prominent developments in the vicinity include People's Park Complex, People's Park Centre, OG Building, Chinatown Point, Chinatown Complex, Lucky Chinatown and Sri Mariamman Temple. The Chinatown MRT Station is only 3 minutes' walk away and Raffles Place is only 5 minutes' drive from this RARE Shophouse for Sale. It has easy access to the other parts of the island via New Bridge Road, Ayer Rajah Expressway and Central Expressway.
The RARE Shophouse for Sale is zoned for "Commercial" use and is within Kreta Ayer (Chinatown) Conservation Area. The existing building consists of 7 adjoining units of 3-storey restored conservation shophouses. The building is currently tenanted and used as single premises on a per floor basis and includes a 40-room hotel. The site is of regular shape with a frontage of about 39 metres and has an average depth of about 23 metres. The site is at road level with a generally flat contour.
Tenure: Leasehold 198 years w.e.f. 1872
Land Area: Approximately 10,500 sqft
Lettable Area: Approximately 24,000 sqft
Owner will only provide full TA details of this RARE Shophouse for Sale when the offer is firm.
Asking Price : S$100 million negotiable
Hotel For sale
Singapore Industrial and Commercial Property For Sale and For Lease