Five adjoining shophouses in CBD for sale at $28.5 mil

A standalone island plot of five neighboring shophouses are actually put out for deal at a base amount of $28.5 million.

The island site involves two land titles. One title is actually for 1, Three, and 5 Club Street which are actually three-storey shophouses with attic room. The other title is toward Seven and also Nine Club St that are two-storey shophouses.

The shophouses remain on a joint land of approx Three thousand Five hundred Fifty Seven square feet, including an estimation full built-up area of close to 7thousand 2hundred 25 square feet. Depended on the total floor surface expanse, the guide amount translates to about $3thousand 9hundred 45 psf.

Ki Residences Showflat Location

Savills Singapore has recently been assigned the premium advertising and marketing specialist intended for the property.

The shophouses come with F&B authorizations for the entire 1st level, that is at this time leased to F&B owners such as Merci Marcel Bistro, Parallel Coffee Roasters as well as Yen Bar. The upper storeys are business offices at this time utilized by Multinational corp lessees.

The island position comes with a 50m extensive triple road frontal on Cross Street, Club Street as well as Gemmill Lane. Located right across Far East Square as well as Cross St Exchange, the real property is just within walking proximity to Telok Ayer MRT Terminal.

“This is an unusual also limited possibility to get a captivating flagship island-site of 5 perfectly revived neighboring shophouses for potential naming and even signage legal rights,” mentions Sophia Lim, associate director, inv sales & CM at Savills Singapore.

Since the shophouses settle on land section for commercial use, foreigners as well as organizations are qualified to purchase the premises.

The EOI operation concerning the shophouses are going to conclude on Mar29 at 1500hrs.