SINGAPORE (EDGEPROP) - A 999-year leasehold, three-storey conservation shophouse at 77 Boat Quay is on the market at a guide price of $16 million, or $4,279 psf on the total floor area of 3,739 sq ft. (See also: Kampong Glam shophouse for sale at $12.28 mil)

The shophouse, located within the CBD, occupies a 1,530 sq ft site, with the right to lease an additional 275 sq ft as an outdoor refreshment area located at the foot of the asset, says CBRE, the marketing agent for the property.

The property is currently tenanted to a F&B tenant on the ground floor, shop on level 2, and beauty salon on level 3.

As the property is zoned for commercial use, foreigners are eligible to purchase and there will be no additional buyer’s stamp duty or seller’s stamp duty imposed on the purchase of the property. (See: Find Singapore commercial properties with our commercial directory)

The shophouse is within close proximity to Clarke Quay MRT Station and Raffles Place MRT Interchange, and is accessible to the nearby Central Expressway

Check out the latest listings near Boat Quay Conservation Area, Clarke Quay MRT Station, Raffles Place MRT Station