Freehold conservation shophouse on Saunders Road for sale at $12.88 mil
/ EdgeProp Singapore |
2 Saunders Road (Picture: Huttons Asia)
SINGAPORE (EDGEPROP) - A freehold, two-storey conservation shophouse at 2 Saunders Road is up for sale via an expression of interest exercise (EOI) at $12.88 million. Located in the Emerald Hill Conservation Area close to Orchard Road, it occupies a land area of 2,162 sq ft zoned for residential use under the URA Master Plan 2019.
The corner shophouse has a built-up area of about 4,000 sq ft. It has four bedrooms, along with a maid’s room and a courtyard out front.
Map and overview of 2 Saunders Road (Source: EdgeProp LandLens)
The property is being marketed by Huttons Asia.“The Emerald Hill Conservation Area is a highly coveted location, known for its rich heritage and vibrant atmosphere. The location is ideal for those who enjoy the convenience of city living, with all the amenities of Orchard Road just a stone's throw away,” comments Aric Lim, associate district director at Huttons Asia.
2 Saunders Road (Picture: Huttons Asia)
Lee Sze Teck, Huttons’ senior director of research, adds that the unit is “very attractively priced”. “In March 2023, a 3,127 sq ft shophouse near to 2 Saunders Road was sold for $18 million or $5,756 psf on the land area,” he points out.
Sales transactions of landed residential properties on Saunders Road (Source: EdgeProp Research)
The EOI exercise for the property will close on July 21.
Check out the latest listings near Saunders Road, Emerald Hill Conservation Area
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