A 999-year leasehold conservation shophouse at 24 Ann Siang Road is up for sale through an expression of interest (EOI) with a guide price of $21 million.  The three-storey shophouse with a basement and an attic has a total floor area of approximately 4,446 sq ft, which means the price translates to $4,723 psf.

Located in District 1, the shophouse occupies a land area of approximately 1,644 sq ft, which is zoned for commercial use. All floors are currently fully leased to boutique offices, according to CBRE, which is marketing the property.

The shophouse is within walking distance to four MRT stations: Maxwell (Thomson-East Coast Line), Telok Ayer (Downtown Line), Chinatown (North-East and Downtown Lines) and Tanjong Pagar (East-West Lines.

Read also: Shophouses in Little India, Kampong Glam and HDB shop at Hong Lim Complex for sale at $23.7 mil

Clemence Lee, executive director of capital markets for Singapore at CBRE, notes that shophouses in the Club Street-Ann Siang area continue to draw significant interest from both investors and owner-occupiers. “Such assets are seldom made available for sale and are normally snapped up when they surface in the market, evident by the recent sale of 65 Club Street at $21 million in September 2025,” he adds.

The EOI will close on Nov 26 at 3pm.