Most people associate Rangoon Road with the famous bak kut teh (pork rib soup) corner coffee shop called Ng Ah Sio, which has been located there since 1988. Five years ago, competitor Founders’ Legendary Bak Kut Teh moved into a shop a few doors away.
In recent years, several rows of old shophouses in the Rangoon Road area have been replaced with new mixed-use developments that feature apartment units on the upper levels and shops on the first level. The mixed-use developments include the 27-unit Loft @ Rangoon by Oxley Holdings, completed in 2013; the 37-unit Suites 123 by Macly Group, completed in 2011; and the 50-unit Rangoon 88 and 24-unit Urban Lofts, both of which obtained Temporary Occupation Permit (TOP) in 2010.
The food outlets at these boutique freehold projects have interesting names such as The Cold Pantry, Ice Box Café, Jewel Café & Bar and Old Hen Coffee Bar.
Legendary Bak Kut Teh has been in the neighbourhood since 2011
Ng Ah Sio Bak Kut Teh has been operating out of the same shop since 1988
Shoebox apartments attract the young
Most of these apartment blocks feature compact one- and two-bedroom units. For instance, the latest transaction at Rangoon 88 was for a 592 sq ft one-bedder that was sold for $808,000 ($1,365 psf) in March. At Loft @ Rangoon, a 452 sq ft one-bedroom unit changed hands recently for $640,000 ($1,416 psf). Meanwhile, Suites 123 saw an 840 sq ft two-bedder traded at $1.1 million ($1,310 psf), according to a caveat lodged in November.