Conservation shophouse at Keong Saik Road on the market for $16 mil

/ EdgeProp Singapore |
34 Keong Saik Road (Picture: PropNex)
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SINGAPORE (EDGEPROP) - A conservation shophouse located at 34 Keong Saik Road is on sale via an expression of interest exercise with a guide price of $16 million. The three-storey shophouse sits on a land area of 1,066 sq ft, and has an estimated built-up area of 2,662 sq ft. The guide price works out to $6,010 psf based on the built-up area.
According to Wilkie Tay, associate marketing director at PropNex who is the sole marketing agent for the property, the shophouse has a dual frontage along Keong Saik Road and Teck Lim Road. Zoned for commercial use, the entire property has also obtained approval for F&B usage. (Find Singapore commercial properties with our commercial directory)
Map and overview of 34 Keong Saik Road - EDGEPROP SINGAPORE
Map and overview of 34 Keong Saik Road (Source: EdgeProp LandLens)
The shophouse falls under the Kreta Ayer Conservation Area, within the wider Chinatown enclave. It is within walking distance of the Outram Park MRT Station which is an interchange for the East-West, North-East, and Thomson-East Coast Lines; as well as the Chinatown MRT Station which is an interchange for the Downtown and North-East Lines.
The expression of interest exercise for 34 Keong Saik Road will close on Jan 6, 2023, at 3pm.
Latest commercial transactions - EDGEPROP SINGAPORE
Latest commercial transactions within a 500m radius of 34 Keong Saik Road (Source: EdgeProp LandLens)

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