The guide price for Tanjong Pagar’s three-storey shophouse is $8.9 million. It is located at 57 Duxton Road.
The shophouse is situated on approximately 1,144 square feet of land, with an estimated built-up of 3,407 square feet.
The property is zoned for commercial use. The ground floor unit is currently rented to an F&B operator, while the upper floors can be rented as office space.
It is located between Duxton Hill, the F&B enclave and the Keong Saik Area. Access to Outram Park Interchange Station is also possible.
Yap Hui Yee is the director of investment sales & capital market at Savills Singapore. He says that “Given the precinct’s still undergoing urban revitalizion, this offers an exceptional value-add opportunity to the buyer to explore different potential uses for the shophouse, and ride on the growth transformation of the precinct.”
The expression of interest will close at 3 p.m. on December 10.