Strategically located at 1 Park Road in District 1, within Singapore’s established Chinatown shopping and commercial precinct
Approximately 4 minutes’ walk to Chinatown MRT (NE4/DT19), providing convenient connectivity via two MRT lines.
A distinctive commercial property suitable for long-term ownership, leasing or business occupation, subject to existing tenancy and approved uses.
Opportunity to acquire a conservation shophouse within an established CBD-fringe precinct where the historic streetscape is protected.
This approximately 3,533 sqft Sago Street shophouse is offered for sale in the Chinatown conservation district. The current listing states a 99-year lease from 1991 and notes that Level 1 is tenanted to an F&B operator.
The property is described as three storeys with an attic and sits close to the Buddha Tooth Relic Temple, Chinatown Complex, Maxwell MRT and Chinatown MRT. Buyers should verify the current tenancy, approved use, remaining lease and title particulars.
MRT: Maxwell (TE18), Chinatown (NE4/DT19).
Nearby food & amenities: Chinatown Complex, Maxwell Food Centre.
Information is subject to change. Buyers should independently verify title, approved use, tenancy, floor area and transaction costs before purchase.
Interested in this property?
Request the latest floorplan, tenancy details and sale information.
Train Stations
Chinatown
Maxwell
Food & Amenities
Chinatown dining
Tanjong Pagar amenities
Carpark
Nearby public and commercial parking
Approved Use
Commercial
Specific use subject to approval
Tenure
99 Years w.e.f 1991
What is the tenure of this Sago Street shophouse?
The current listing states 99 Years from 1991. Buyers should confirm the title and remaining lease particulars with their solicitor before purchase.
Is the property tenanted?
The current listing states that Level 1 is tenanted to an F&B operator. Buyers should review the latest tenancy agreement, rent, expiry and deposit.
Is ABSD payable on this purchase?
ABSD generally applies to residential property. If the property is solely non-residential commercial property, ABSD is generally not applicable. If there is any residential component, buyers should obtain legal and tax advice before purchase.
Can foreigners buy this property?
Foreign-buyer eligibility depends on the title and property use. Buyers should verify the title and any applicable approvals with their solicitor before purchase.
What should I check before buying a conservation shophouse?
Review conservation requirements, structural condition, approved use, tenancy, property tax and GST treatment with the relevant professionals.
Why consider Sago Street?
Sago Street offers a Chinatown conservation setting near Maxwell MRT, Chinatown MRT and established visitor attractions. Buyers should still assess remaining lease and property fundamentals carefully.