>

>

Three conservation shophouses in Farrer Park for sale at $19 mil

By Nur Hikmah Md Ali

/ EdgeProp Singapore |

July 3, 2024 2:15 PM SGT

Located within the Jalan Besar Conservation Area, the shophouses occupy a combined land area of 3,009 sq ft (Photo: Knight Frank Singapore)

SINGAPORE (EDGEPROP) - Three adjoining conservation shophouses at 3 Roberts Lane in Farrer Park (District 8) have been put up for sale by an expression of interest (EOI) exercise. The freehold shophouses have a guide price of $19 million. With a combined gross floor area of about 10,474 sq ft, this works out to $1,814 psf.

Located within the Jalan Besar Conservation Area, the shophouses occupy a combined land area of 3,009 sq ft. They comprise two storeys and come with a basement, mezzanine and six-storey rear extension. They have triple frontage along Serangoon Road, Roberts Lane and Kinta Road. The shophouses are also within walking distance of the Farrer Park MRT Station on the North East Line.

The prospective owner will have the opportunity to acquire naming rights for the shophouse, says Tania Ong, senior manager of capital markets at Knight Frank, who is marketing the properties.

Read also: ANALYSIS: Deep dive into each February BTO project

“The new owner may upgrade the shophouses with asset enhancement initiatives, and subject to authorities’ approval, explore tenant repositioning by conversion to F&B use on the ground floor,” Ong adds.

The EOI exercise closes on Aug 13 at 3pm.

Tags:

Follow Us

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

Subscribe to our newsletter

Top Articles

1

Emerald of Katong hits 99% sales at launch, averaging $2,621 psf

2

Kingsford sells 76% of Chuan Park units at an average price of $2,579 psf

3

Is it a Good Deal?: $1.03 million for a four-room HDB flat in District 10

4

Sim Lian Group’s Emerald of Katong: Will it be another top-seller?

5

CDL sells 20% of Union Square Residences at an average price of $3,200 psf

Our Site

Follow Us

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.

View More

Close Ad

00:00