Chinatown Plaza

Overview

Sales

Rental

Surrounding

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Overview

Sales

Rental

Surrounding

More

Details

No data

*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on 3rd-party rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Description
Chinatown Plaza is a freehold commercial property. The development occupies a land area of 3,154 sqm and a Gross Floor Area of 12,611 sqm.

CHINATOWN PLAZA is located along Craig Road in Outram, in District 2. It is accessible through the nearest MRTs including Maxwell TE18 and Outram Park EW16, NE3, TE17. Other nearby amenities include: 3 Grocerie(s): NTUC FAIRPRICE CO-OPERATIVE LTD, HONG HENG SENG, WAN SIEW YOONG, and 3 Shopping Mall(s): Tanjong Pagar Plaza, 100 AM, Guoco Tower.

Based on transaction data in the last 12 months, the highest recorded transaction was S$ 1,720 psf in Aug 2016 for a 581 sqft unit for Office, S$ 1,703 psf in Oct 2016 for a 323 sqft unit for Shop. Its lowest recorded transaction was S$ 1,720 psf in Aug 2016 for a 581 sqft unit for Office, S$ 1,703 psf in Oct 2016 for a 323 sqft unit for Shop.

Buyers and tenants are attracted to District 2, which consists of Anson Road, Tanjong Pagar and Chinatown. Many buildings in District 2 have undergone upgrades, keeping pace with Singapore’s property evolution. As such, spanning across this busy metropolitan area are high-rise office buildings, residential blocks and commercial structures. Anson Road is renowned for its residential and commercial towers. Chinatown, just a stone’s throw away, is a distinctively historical and cultural enclave where major points have been declared national heritage sites. For foodies, one can find a wide variety of affordable and authentic local dishes at The Maxwell Food Centre that houses hawkers from the vicinity. District 2 is also home to Pinnacle @ Duxton, an iconic HDB project with seven 50-storey tower blocks linked with sky gardens at the 26th and 50th storeys that offer panoramic views of the city.

As a major financial and business hub, the Central Region stands as the dynamic city centre of Singapore. Spanning 13,150ha in land area, the region hosts Singapore's only UNESCO World Heritage Site and is home to many of the country's national monuments, such as the Merlion Park and Statue of Raffles. Although the region is designated mainly for commercial activities, it houses residential developments ranging from HDBs to bungalows. There is also plenty of greenery in the region, linked by 19km of park connectors. According to the Master Plan 2019, Orchard and Downtown will be rejuvenated as a lifestyle hub to include more mixed developments which offer live, work and play opportunities. New housing will be constructed in the Marina South Area with community facilities and amenities. Stage-6 of the Circle Line opening by 2025 will also enhance the Central Region's connectivity.
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What they say
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1
"This place had already been closed and going to be demolished for a new building."
A***** C***
Google Review     |   16 Jul 2019
3
"Feels empty. Looking old. Companies seem to be moving out. Surrounding is nice. Toilets are not clean."
A***** W**********
Google Review     |   20 Apr 2019
5
"Gain insights into Singapores rich, multi-ethnic culture by visiting some of the countrys oldest places of worship, located in the heart of Chinatown. Culture lovers looking to immerse themselves in Buddhisms rich art and history should pay a visit to the Buddha Tooth Relic Temple. The temples interior is architecturally designed in the form of a mandala, a central concept in Buddhist and Hindu spirituality that represents universal connection."
S**** S*****
Google Review     |   29 Nov 2018
5
"Decent shopping mall away from the hustle and bustle of shophouse crowd"
B******* L**
Google Review     |   08 Oct 2018
3
"It is an office, shops and residential building tugged at a corner of Neil Road and Craig Road in Tanjong Pagar district. There is a restaurant serving Strait Chinese cuisine. Other than that there is a dance school that conducts Flamingo dance. Other than that there is no shops but mainly offices of B2B natures. There is a pub on level 2 though."
S*** S***
Google Review     |   30 Jul 2017
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Nearby Amenities
Source: URA,  www.edgeprop.sg
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Sales Transaction of Craig Road

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Asking Price of CHINATOWN PLAZA

Source: URA, https://www.edgeprop.sg

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Rental Transactions of Craig Road

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Price Comparison with Nearby Properties (UP to 10)

(Within 1000 meters)

Note: *Based on URA Sales data in the last 12 months. **Based on 3rd-party Rental data in the last 12 months.

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Listings

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Property News

Freehold Bukit Pasoh shophouse on sale for $10.5 mil

Property News

Three adjoining shophouses on Craig Road for sale at $36 mil

Property News

Investing in conservation shophouses during a pandemic

Property News

Chinatown Plaza sold en bloc for $260 mil

Property News

Collective sale of Chinatown Plaza for $270 mil

FAQs about CHINATOWN PLAZA

What is the nearest MRT Station to CHINATOWN PLAZA ?
The nearest MRT Station from CHINATOWN PLAZA is Outram Park NE3,EW15,EW16,TE17,TE18 MRT

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