3533sqft
Built
$13,800,000
Asking
99 Years from 1991
Tenure
Chinatown Shophouse for Sale
Chinatown shophouse for sale. This is one of the most popular tourist destinations in Singapore. Many visitors here will make a trip here either to some up the atmosphere or to bring home some souvenirs. Therefore retail spaces here is always filled up.
There are also many localised stores like traditional Chinese medical stores, dessert shops, restaurants, and spas. This makes shophouses here very popular with business owners and will mostly command a good rental price.
Keeping the shop space rented all the time has always been the top priority in every landlord’s mind. In Chinatown, you are less likely to have a vacant unit for a longer period compared to many other places.
So shophouses in Chinatown make a better investment compared to some other less popular shophouse spots.
Amenities near Chinatown Shophouse for Sale
Sago Street is near the Buddha Tooth Temple. Which is a very famous tourist destination. Every day, thousands of visitors from overseas and in Singapore come to this place. Many tourists will visit Sago Street for some photography moments or visit the shops and kiosks situated along the street.
Because Sago Lane is close to vehicular traffic, it makes shopping easier and more interesting. Hence, it makes Sago Lane more appealing to more people.
This Shophouse space is also very well-lighted. It has 3 storeys and an attic. Currently, level one is tenanted to an F&B operator.
As a key tourist spot, connectivity is key. Chinatown is easily accessible by train. Chinatown MRT is just a couple of streets away, and the new station, Maxwell, is incredibly near to Sago Street too. With the new train station in operation, we may see a change in demographics and an increase in visitorship. This is good news for landlords and tenants alike.
Ideal for investment.
For more detailed information, please contact us for a private viewing.
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