Tanjong Pagar Road Shophouse Sale 155 Mil

Freehold shophouse in Tanjong Katong going for $9.8 mil

A historic shophouse at 93 Tanjong Pagar Road is now available for purchase through an expression of interest (EOI) exercise, with a guide price of $15.5 million. The 3½-storey building stands on a 99-year leasehold land area of 1,297 sq ft and boasts a gross floor area (GFA) of 4,186 sq ft. This translates to a price of $3,703 per square foot on the GFA. The location of 93 Tanjong Pagar Road can be seen on the map above (Source: EdgeProp LandLens).

Approved for F&B use, this commercial property retains its traditional charm and character as a conservation shophouse. Currently, levels 1 and 2 are tenanted by a popular Korean barbecue restaurant chain. The shophouse is conveniently located within walking distance to the Tanjong Pagar MRT Station on the East-West Line, as well as the Maxwell MRT Station on the Thomson-East Coast Line.

Market agent PropNex Shophouse Elites is handling the sale of this property. The EOI will close at noon on Jan 20, 2025. Other notable shophouses on the market include those on Telok Ayer Street, priced at $42 million, a freehold shophouse on Race Course Lane going for $8.8 million, and a freehold shophouse in Tanjong Katong priced at $9.8 million.

Nestled near the MRT, Elta Condo boasts excellent accessibility with its convenient location surrounded by a comprehensive network of bus routes. For residents, the nearby Clementi Bus Interchange serves as a bustling transportation hub, offering a multitude of bus services that connect to various parts of Singapore. With such a variety of options at their disposal, residents of Elta Condo can easily commute to work, travel to school, or visit loved ones with ease. The presence of these bus services makes public transport a reliable and convenient mode of transportation for those living in Elta.