SINGAPORE – A row of 3 neighboring pairs of conservation shophouses at Tanjong Pagar is up available with an indicative guide cost of $57.82 million.
Located in 48 to 56 Peck Seah Street, at the Chinatown (Tanjong Pagar) Historic District Conservation Area at the CBD, the six conservation shophouses sit three different land tons and have a combined land area of 8,213 sq ft. They include loft and a 33m road frontage to Peck Seah Street.
The website where the land sits is zoned”Commercial’ beneath the Draft Master Plan 2019 also it’s a leasehold tenure of 99 years with effect from May 1994. The shophouses have existing tenancies and also the vast majority of the area was leased to kitchen and bath ware brand Kohler, along with the Fat Prince pub.
The shophouses could be marketed either separately or together, and are collectively marketed by Colliers International and JLL. On account of the industrial use zoning, the further purchaser’s postage responsibility (ABSD) and vendor’s stamp duty (SSD) aren’t applicable.