Shophouses in Tanjong Pagar selling for $28 mil
By Tan Chee Yuen
/ JLL |
A pair of three-storey conservation shophouses in the Tanjong Pagar area have been put up for sale by expression of interest (EOI). The indicative price for both units is about $28 million, which translates to $2,308 psf on GFA. JLL is the exclusive marketing agent.
The property is located about 450m from the Outram Park MRT station. It sits on a combined land area of 4,439 sq ft and has a total area of 12,128 sq ft, inclusive of the private courtyard in front. Under the 2014 Master Plan, the site is zoned for commercial use. The property is currently occupied by the owner and office tenants.
The EOI exercise closes on Dec 15.
The property is located about 450m from the Outram Park MRT station. Source: JLL
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