Five adjoining shophouses in CBD for sale at $28.5 mil

A free standing island location of five neighboring shophouses are up for sale at a base pricing of $Twenty Eight point Five mil.

The island-site contains 2 land titles. One title is for 1, 3, and also 5 Club St that are actually 3 storey shophouses by having loft. The another title is intended for Seven plus Nine Club St that are two-storey shophouses.

The shophouses rest on a combined land of about Three thousand Five hundred Fifty Seven sq ft, with an estimated overall built-up area of around Seven thousand Two hundred Twenty Five square foot. Accorded to the overall floor expanse, the model rate interprets to approx $3thousand 9hundred 45 per square feet.

Savills Singapore has been selected the distinctive marketing rep intended for the property.

The shophouses accompany F&B permissions for the total base level, which is at present rented to F&B owners like Merci Marcel Bistro, Parallel Coffee Roasters together with Yen Bar. The higher floors are business offices already occupied by Multinational corporation lessees.

Forett at Bukit Timah Showflat Location

The island-site possesses a 50m wide triple rd face at Cross Street, Club Street plus Gemmill Lane. Positioned right over Far East Square as well as Cross Street Exchange, the property is within strolling proximity to Telok Ayer Mass Rapid Transit Terminal.

“This is an unusual and small opportunities to gain a lovely flagship island-site of 5 beautifully restored adjacent shophouses along with potential naming as well as signage rights,” claims Sophia Lim, associate dir, inv sales & CM at Savills S’pore.

Since the shophouses rest on land sector for business purpose, immigrants also companies are eligible to buy the premises.

The EOI movement to get the shophouses will end on March29 at 1500 hrs.

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