Five adjoining shophouses in CBD for sale at $28.5 mil

A standalone island-site of five neighboring shophouses are put out for transaction at a base figure of $Twenty Eight point Five million.

The island-site consists of 2 land titles. 1 title is for One, 3, also Five Club St that are 3 storey shophouses including attic room. The other title is intended for Seven and 9 Club St which are two floor shophouses.

Perfect Ten Showflat Location

The shophouses remain on a merged land of close to 3,557 square foot, by having an estimation full developed size of around 7,225 square feet. Depended on the overall floor location, the guide pricing translates to roughly $3,945 per sq feet.

Savills Singapore has gotten selected the distinctive promotion and marketing rep intended for the property.

The shophouses come with F&B authorizations for the total ground storey, in which is presently let out to F&B owners for instance Merci Marcel Bistro, Parallel Coffee Roasters along with Yen Bar. The upper storeys are office spaces at present utilized by MNC occupiers.

The island site possesses a 50m wide three road frontal on Cross St, Club St and also Gemmill Lane. Found right over Far East Square and Cross St Exchange, the real property is in walking distance to Telok Ayer train Terminal.

“This is a scarce plus limited opportunity to get hold of a lovely flagship island position of 5 perfectly restored neighboring shophouses for prospective naming as well as signage legal rights,” states Sophia Lim, asso director, IS & CM at Savills SGP.

As the shophouses rest on land zoned for business utilization, immigrants and also companies are eligible to obtain the real estates.

The expression of interest action concerning the shophouses are going to terminate on 29Mar at 3:00pm.


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