The shophouse at 727 Havelock Road is for sale at an estimate of $7 million. It has a gross floor area of 3,767 sq ft on a land area of 1,574.8 sq ft. Under URA’s 2014 Master Plan, the first floor of the shophouse is zoned for residential and commercial use with a plot ratio of 3. The second and third storeys can be used only for residential purposes. The owner can perform alteration works to enhance the value of the property, subject to the authorities’ approval, according to Savills, the exclusive marketing agent for the development.