Three conservation shophouses in District 1 for sale at $31 mil

SINGAPORE (EDGEPROP) - Three separate conservation shophouses at Telok Ayer Street, Stanley Street, and Smith Street have been put up for sale. The freehold properties have a combined price of $31 million, and can be purchased individually or together, announced marketing agent Knight Frank Singapore.
The first is a 2½-storey shophouse at 151 Telok Ayer Street going for $12 million, or $3,752 psf based on its built-up area of 3,198 sq ft. The shophouse sits on a 1,574 sq ft site in the Telok Ayer Conservation Area. The ground-floor space may be used as an F&B outlet, subject to approval.
151 Telok Ayer Street going for $12 million, or $3,752 psf based on its built-up area (All pictures: Knight Frank Singapore)
At 14 Stanley Street, another 2½-storey shophouse has a guide price of $12 million, or $3,675 psf based on its built-up area of 3,265 sq ft. The property sits on a 1,491 sq ft site on the boundary between the Downtown Core and Outram Planning Area. The ground floor is currently leased to a restaurant, and offices occupy the upper floors.
14 Stanley Street, a 2½-storey shophouse has a guide price of $12 million
Over in Chinatown, a two-storey corner shophouse facing the sheltered Smith Street Chinatown Food Street is on the market for $7 million, or $1,967 psf based on its built-up area of 3,559 sq ft. The shophouse, at 8 Smith Street, sits on a 2,096 sq ft plot in the Kreta Ayer Conservation Area off Neil Road, which is a tourist destination and food haven comprising boutique hotels, ethnic associations, and top-rated restaurants. The ground floor of the shophouse is tenanted to an F&B business.
The shophouse at 8 Smith Street faces the sheltered Smith Street Chinatown Food Street
Commercial conservation shophouses in prime...