>

Pair of conservation shophouses in Kallang for sale at $13.2 mil

By Charlene Chin

/ EdgeProp Singapore |

July 14, 2020 2:26 PM SGT

SINGAPORE (EDGEPROP) - A pair of freehold corner shophouses in the Lavender-Kallang precinct is on the market for $13.2 million, according to Savills Singapore, which is marketing the property.

The two-storey conservation shophouses at 52 Foch Road have an attic and a four-storey rear extension. The pair occupies a site of 2,848 sq ft, and has a built-up area of 8,417 sq ft. The property enjoys an 18m-wide main road frontage along Foch Road.

The property is approved for F&B use on the ground floor, and is rented out to a coffeeshop operator. Office tenants are located on the upper floors. Altogether, the property is subdivided into seven units, and all units come with individual air-conditioning systems and toilets.

Some selected units on the upper floors enjoy double-volume ceiling height.

Under URA’s 2019 Master Plan, the property is zoned for commercial use under the Jalan Besar Secondary Settlement Conservation Area, which allows for rear extension up to six storeys. No additional buyer’s stamp duty or sellers’ stamp duty will apply to the purchase of the property.

The shophouses are a five-minute walk to Bendemeer MRT Station on the Downtown Line.

The expression of interest exercise for the shophouses will close on Aug 17, at 3pm.

Check out the latest listings near Foch Road and Bendemeer MRT

For price trends, recent transactions, other project info, check out Foch Road research page

Read also:

Whipping up an appetite for coffee shops

Row of conservation shophouses along South Bridge Road for sale

Two freehold Lavender shophouses selling from $23.8 mil

Tags:

Follow our channels to receive property news updates 24/7 round the clock.

Subscribe to our newsletter

Top Articles

1

Perennial Holdings and Far East Organization unveil Golden Mile Singapore, and will launch the strata commercial units this month

2

Novo Place hits 88.1% as 137 units snapped up in second balloting

3

Project Spotlight: This condo in Ang Mo Kio has 241 profitable and no unprofitable transactions

4

Is it a Good Deal?: A duplex penthouse in Sentosa sold for a loss of $1.93 million

5

What’s next for Bayshore

Our Site

Property Research

Condos

HDBs

Landed

Commercial

Industrial

Properties For Sale

Properties For Rent

Edgeprop.sg (previously known as The Edge Property Singapore) is the best property portal for real estate agents, investors, home-seekers and sellers alike in Singapore. On EdgeProp, you will be able to find the latest and hottest property news, property listings, and access tools for your research and analysis.

Whether you are looking to buy, sell or rent apartments, condominiums, executive condos, HDBs, landed houses, commercial properties or industrial properties, we bring you Singapore’s most comprehensive and up-to-date property news and thousands of listings to facilitate your property decisions. Click into any listing to check out the new AI Redesign tool to envision your property based on your preferred style, be it Scandinavian, Minimalist or many others.

Make data-driven property decisions with our easy-to-use free and paid tools. The Edge Fair Value tool lets users calculate the fair value of a property, while the En Bloc Calculator helps to determine the probability of a Singapore project being put up for collective sale. Our whole new Research tool provides you data on past transactions, price trends, and more for condos, HDBs, landed houses, commercial properties and industrial properties.

Aside from that, EdgeProp also offers a market trends tracker that lets you access historical property data, sales volume and compare how similar properties are selling, a heatmap that shows you where Singapore’s most popular property sales locations are, a HDB lease tool to calculate your HDB tenure, an affordability calculator, and property alerts to track your preferred Singapore property by project or location, as well as information on new launches.

On the lookout for undervalued property or looking to rent? EdgeProp’s powerful search filters will let you personalise your property-seeking experience – whether you are looking for a property near MRT stations, amenities like schools, or within a HDB Estate or District – so that you find exactly what you are looking for.