Three shophouses in District 1 for sale at $31 mil

By Charlene Chin
/ EdgeProp Singapore |
Join our  Telegram  channel and follow our  Facebook  for the latest update.
SINGAPORE (EDGEPROP) - Three commercial shophouses at Stanley Street, Telok Ayer Street and Smith Street respectively are up for sale for $31 million, according to Knight Frank, which is marketing the properties.
151 Telok Ayer Street - EDGEPROP SINGAPORE
151 Telok Ayer Street (Credit: Knight Frank)
The three properties in District 1 can either be purchased individually or as a portfolio.
The shophouse at 151 Telok Ayer Street is a freehold, 2½-storey intermediate shophouse at the junction of Telok Ayer Street and Cross Street. It occupies a site of 1,574 sq ft, and has a built-up area of 3,198 sq ft. If sold individually, the guide price for this shophouse is $11.7 million.
14 Stanley Street - EDGEPROP SINGAPORE
14 Stanley Street (Credit: Knight Frank)
At 14 Stanley Street, the subject property is a 2½-storey intermediate shophouse off Cecil Street. It occupies a site of 1,491 sq ft, and has a built-up area of 3,295 sq ft. The guide price for this shophouse is $11.5 million.
The shophouses at 151 Telok Ayer Street and 14 Stanley Street are within walking distance to Telok Ayer MRT Station on the Downtown Line.
8 Smith Street (Credit: Knight Frank)
Meanwhile, the shophouse at 8 Smith Street is within the Chinatown enclave. It is a two-storey corner shophouse. Its ground floor is currently leased to a restaurant, while the second level is used as an office. The property is to be sold individually at a guide price of $7.8 million.
It is a two-minute walk to the upcoming Maxwell MRT Station on the Thomson-East Coast Line, which is slated for opening next year.
For price trends, recent transactions, other project info, check out these projects' research page: Stanley Street, Telok Ayer Street, Smith Street, Cross Street, Cecil Street

Follow Us
Follow our channels to receive property news updates 24/7 round the clock.
EdgeProp Telegram
EdgeProp Facebook
Subscribe to our newsletter

Our Site (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.

View More