>

>

Commercial conservation shophouse on Craig Road up for sale at $12 mil

By Hailey Yu

/ EdgeProp Singapore |

July 27, 2022 5:51 PM SGT

The commercial shophouse on Craig Road, up for sale at $12 mil (Source: Savills)

Join our Telegram channel and follow our Facebook for the latest update.

SINGAPORE (EDGEPROP) - A two-storey commercial shophouse with attic, located at the junction of Neil Road and Craig Road, is up for sale via expression of interest (EOI) at a guide price of $12 million, or $3,445 psf. Savills has been appointed as the sole marketing agent.

Read also: Rare hotel/coffeeshop shophouse in Geylang up for sale

With a land area of 1,581 sq ft and an estimated floor area of 3,483 sq ft, the recently refurbished shophouse has a mezzanine level and an open terrace overlooking lush greenery.

It is zoned for commercial use, with the first floor approved for F&B use and the upper floor approved for office use. The shophouse is currently fully tenanted to a Japanese cafe teahouse on the ground floor and an MNC on the upper floor, according to Yap Hui Yee, senior director of investment sales and capital markets at Savills. (Find Singapore commercial properties with our commercial directory)

As part of the Chinatown-Tanjong Pagar historic conservation area, the shophouse is situated in the Duxton Hill enclave, home to popular restaurants, bars and hipster cafes. Tanjong Pagar MRT Station (on the East-West Line) and the upcoming Maxwell MRT Station (on the Thomson-East Coast Line) are both within walking distance.

The EOI exercise will close on Aug 31, at 3pm.

Check out the latest listings near Neil Road, Craig Road, Duxton Hill, Tanjong Pagar MRT Station, Maxwell MRT Station

Tags:

Follow Us

Follow our channels to receive property news updates 24/7 round the clock.

Subscribe to our newsletter

Top Articles

1

Sapphire Windows’ Liews: Beyond providing a room with a view

2

Keeping cool in an east-west-facing house with modern glass windows

3

GuocoLand's Lentor Mansion achieves 75% sales at launch; prices from $2,104 psf

4

Far East Shopping Centre’s $908 mil en bloc deal aborted

5

Luxury living in the new heart of Bukit Timah

Our Site

Follow Us

Property Research

Condos

HDBs

Landed

Commercial

Industrial

Properties For Sale

Properties For Rent

Edgeprop.sg (previously known as The Edge Property Singapore) is the best property portal for real estate agents, investors, home-seekers and sellers alike in Singapore. On EdgeProp, you will be able to find the latest and hottest property news, property listings, and access tools for your research and analysis.

Whether you are looking to buy, sell or rent apartments, condominiums, executive condos, HDBs, landed houses, commercial properties or industrial properties, we bring you Singapore’s most comprehensive and up-to-date property news and thousands of listings to facilitate your property decisions. Click into any listing to check out the new AI Redesign tool to envision your property based on your preferred style, be it Scandinavian, Minimalist or many others.

Make data-driven property decisions with our easy-to-use free and paid tools. The Edge Fair Value tool lets users calculate the fair value of a property, while the En Bloc Calculator helps to determine the probability of a Singapore project being put up for collective sale. Our whole new Research tool provides you data on past transactions, price trends, and more for condos, HDBs, landed houses, commercial properties and industrial properties.

Aside from that, EdgeProp also offers a market trends tracker that lets you access historical property data, sales volume and compare how similar properties are selling, a heatmap that shows you where Singapore’s most popular property sales locations are, a HDB lease tool to calculate your HDB tenure, an affordability calculator, and property alerts to track your preferred Singapore property by project or location, as well as information on new launches.

On the lookout for undervalued property or looking to rent? EdgeProp’s powerful search filters will let you personalise your property-seeking experience – whether you are looking for a property near MRT stations, amenities like schools, or within a HDB Estate or District – so that you find exactly what you are looking for.

View More

Close Ad

00:00