SINGAPORE (EDGEPROP) - A three-storey conservation shophouse with an attic in Tanjong Pagar, at 57 Duxton Road, is on the market at a guide price of $8.9 million.

Read also: Tanjong Pagar set to outperform other CBD locations: JLL

The shophouse sits on a land area of approximately 1,144 sq ft, with an estimated built-up area of approximately 3,407 sq ft.

Zoned for commercial use, the ground-floor unit of the property is currently tenanted to an F&B operator while the upper floors are rented out as office spaces. (Find Singapore commercial properties with our commercial directory)

It is situated between Duxton Hill and the F&B enclave in the Keong Saik area, with accessibility to Outram Park Interchange Station.

“Given that the precinct is still undergoing urban rejuvenation, this presents an exceptional value-add opportunity for the buyer to explore various potential uses for the shophouse and ride on the growth and transformation of the precinct,” comments Yap Hui Yee, director, investment sales & capital markets at Savills Singapore, which is marketing the shophouse.

The expression of interest exercise will close on Dec 10, at 3pm.

Check out the latest listings near Tanjong Pagar, Outram Park MRT Station