Three conservation shophouses in Jalan Besar have been listed for a total of $42 million, showcasing a combined floor area of 14,262 square feet at an approximate price of $2,945 per square foot. These properties, located in a vibrant and historically rich area, are poised to attract significant interest from investors and businesses alike due to their unique characteristics and strategic location.
The first property, situated at 209 Jalan Besar, is a three-storey corner shophouse that offers a blend of commercial and office space. The ground and second floors are approved for restaurant use, making it an attractive option for food and beverage operators looking to capitalize on the bustling street activity. The mezzanine and third floors are designated for office use, providing flexibility for businesses that may want to establish a presence in this prime location while benefiting from the foot traffic generated by the restaurant on the lower levels.
At 211 Jalan Besar, the two-storey shophouse has its first floor leased to a retail shop, ensuring immediate income for potential investors. The upper floors are utilized as office spaces, which supports the growing trend of businesses seeking to establish themselves in areas that combine retail and professional services. The dual functionality of this property adds to its appeal, as it can cater to a diverse range of tenants and business models.
The third property, located at 213 Jalan Besar, features a two-storey layout with office space on the upper floors. It also has temporary approval for massage and spa services on the ground floor, valid until January 2027. This unique offering presents an opportunity for investors to tap into the wellness market, which has seen consistent demand in urban areas. The combination of office and wellness services provides a distinctive opportunity that can attract a varied clientele.
All three shophouses are situated within a conservation area, which is significant as it preserves the architectural heritage of Jalan Besar while also allowing for modern uses. The properties benefit from substantial street frontages that enhance visibility and accessibility, making them ideal for businesses looking to establish a strong presence.
Furthermore, their proximity to upcoming residential projects and MRT stations positions them advantageously in a rapidly developing neighborhood. As urban development continues to reshape Singapore, properties like these conservation shophouses represent not only an investment in real estate but also a stake in the cultural and historical tapestry of the city.
The combination of strategic location, diverse usage options, and heritage value makes these shophouses an attractive proposition for investors, entrepreneurs, and businesses seeking to capitalize on the growth potential in Jalan Besar. With market interest in such properties likely to remain strong, the future looks promising for these conservation shophouses.
NEW CONDO LAUNCH: BOULEVARD COAST
Boulevard Coast is a new condominium launch that promises modern living in a prime location.
The Boulevard Coast project offers various unit types, catering to different buyer preferences, including one-bedroom and family-sized units.
Residents will enjoy a vibrant lifestyle with easy access to shopping, dining, and recreational options.
While pricing details and launch dates are yet to be announced, early interest is expected due to the neighborhood’s appeal and upcoming developments.
View Boulevard Coast Condo ShowFlat & Get VVIP Discount.
Register or contact 6100 8822 to book showflat appointment.
News Source: Edgeprop
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