4402sqft
Space
SG$30,000,000
Asking
99 Years Leasehold
Tenure
Investing in Circular Road Conservation Shophouse
Investing in a conservation shophouse is a unique opportunity to own a piece of Singapore’s history and culture, and Circular Road is one of the best areas to do it. This area is full of beautifully restored shophouses that are home to some of the best bars and restaurants in the city, making it a sought-after location for both locals and tourists.
Circular Road is part of the Singapore River planning area, which has been designated a conservation area by the Urban Redevelopment Authority (URA). This means that the shophouses in the area are subject to strict guidelines for preservation and restoration, ensuring that the area’s unique character is maintained for future generations.
Investing in Circular Road Conservation Shophouse
Investing in a Circular Road conservation shophouse offers several benefits. Firstly, the historical and cultural significance of these buildings makes them highly desirable to tenants, which can lead to strong rental yields. Additionally, the limited supply of conservation shophouses in the area means that demand is likely to remain high, leading to potential capital appreciation over time.
The Circular Road conservation shophouses offer a wide range of investment opportunities, from small units suitable for individual investors, to larger buildings that can accommodate multiple tenants. Many of the shophouses in the area have already been restored to their former glory, with original features such as decorative facades and internal courtyard spaces preserved.
Investing in a Circular Road conservation shophouse can be a complex process, but with the right advice and support, it can be a highly rewarding experience. It’s important to work with an experienced real estate agent who understands the intricacies of conservation shophouse ownership, and who can guide you through the entire process, from finding the right property to securing financing and managing the property.
In summary, investing in a Circular Road conservation shophouse offers a unique opportunity to own a piece of Singapore’s history while enjoying the potential benefits of strong rental yields and capital appreciation. With the right support and advice, it can be a highly rewarding investment opportunity.
More Details of Circular Road Conservation Shophouse for Sale
This is probably one of the most convenient locations in the city. Two MRT stations are within a short walking distance away. Firstly the Raffles Place MRT station and follow by Clarke Quay MRT station.
Circular Road is a very good location for F&B businesses and there are a lot of tenants looking to find a space here. You can be sure that there will be a demand for your space even if the current tenant decided not to renew the lease after the expiry.
With the completion of Maxwell station, Circular Road and its surrounding area will be more crowded in the future. This will drive up the demand for F&B space for rent here. This shall be a healthy sign for the rental price.
This shophouse size is also very manageable. Its boutique size means capital outlay is not as high as some other bigger units. It also means tenants can better manage their budget too.
Shophouses for sale in this area are always in demand because of the rentability of the space here. So this is a good investment opportunity for you. This shophouse is zoned “commercial” under the URA Masterplan. That means you can potentially rent it out as an F&B, retail, or office. This is good news for investors.
Contact us for a private discussion if you like to find out more about this shophouse.
Call for a discussion today.
Call Dave Lee 97226361 now…
