Five adjoining shophouses in CBD for sale at $28.5 mil

A stand-alone island location of five adjoining shophouses are put out for deal at a lead pricing of $Twenty Eight point Five million.

Pollen Collection Showflat Location

The island site contains two land titles. One title is for 1, 3, as well as Five Club Street in which are three-storey shophouses by having roof space. The another title is intended for 7 plus 9 Club Street that are two-storey shophouses.

The shophouses rest on a merged land of approx Three thousand Five hundred Fifty Seven square foot, with an estimated overall built up size of approximately Seven thousand Two hundred Twenty Five square foot. Based on the complete floor location, the model price translates to around $3,945 per sq feet.

Savills S’pore has gotten designated the distinctive advertising and marketing agent with regard to the property.

The shophouses possess F&B consents for the full ground level, in which is already leased to F&B users for instance Merci Marcel Bistro, Parallel Coffee Roasters plus Yen Bar. The top levels are workplaces already filled by MNC lessees.

The island-site provides a fifty m wide triple rd front view at Cross Street, Club St also Gemmill Ln. Placed right across Far East Square and also Cross Street Exchange, the premises is just within strolling proximity to Telok Ayer Mass Rapid Transit Station.

“This is an infrequent plus reduced opportunities to obtain an alluring flagship island-site of 5 magnificently revitalized adjacent shophouses for possible naming and also signage rights,” says Sophia Lim, associate dir, inv sales & capital markets at Savills Singapore.

As the shophouses remain on land sector for business purpose, immigrants and business are qualified to get hold of the premises.

The expression of interest movement concerning the shophouses will close on March29 at 3pm.

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