Amoy Street shophouses up for sale
By Tan Chee Yuen
/ Cushman & Wakefield |
Three adjoining shophouses at 44, 45 and 46 Amoy Street and a separate intermediate shophouse at 49 Amoy Street have been put up for sale by public tender. The indicative asking price for 44, 45 and 46 Amoy Street is $16 million, while 49 Amoy Street has a guide price of $6.4 million, which works out to about $3,300 psf and $3,350 psf respectively, based on floor area.
Nos 44, 45 and 46 Amoy Street are two-storey refurbished conservation shophouses with attic. The three units have a total land area of 2,646 sq ft and total floor area of 4,844 sq ft. Subject to the relevant authorities’ approval, the three adjoining shophouses, which are currently under one land title, may be subdivided into three separate titles. The other property, 49 Amoy Street, is a two-storey shophouse with attic located on the same row. It sits on a 999 sq ft plot and has a floor area of 1,905 sq ft.
According to Cushman & Wakefield (C&W), which is the appointed marketing agent, the properties will be sold with existing tenancies. The public tender closes on Oct 27.
The properties will be sold with existing tenancies
Source: C&W
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