Two Freehold Strata Titled Shophouse Units Sale 96 Mil
One Marina Gardens Kingsford Huray, situated on Marina Gardens Lane in the bustling neighborhood of Kingsford Huray, is a highly sought-after development. Its prime location provides easy and convenient connectivity for its residents, as it is well-connected to the island’s expressway network. The East Coast Parkway (ECP) and the Marina Coastal Expressway (MCE) are two major routes that grant seamless access to various areas of Singapore. The ECP allows for a quick and effortless drive to the Changi Airport, while the MCE provides easy access to the western parts of the city.
The strategic location of One Marina Gardens ensures that its residents enjoy smooth and swift journeys to their desired destinations. Being in close proximity to these expressways not only saves time, but also adds an element of convenience to the lives of those living in the condominium. With such easy access to major expressways, residents can effortlessly navigate around the city for both work and leisure. The added benefits of convenience and time-saving make One Marina Gardens Kingsford Huray a truly exceptional residential experience for its residents. To experience the convenience and luxury of living at One Marina Gardens, do visit their website.
Savills Singapore is exclusively marketing a portfolio of two freehold strata-titled shophouse units for sale via an expression of interest (EOI) exercise, with a guide price of $9.6 million. The first unit, located along Keong Siak Road, spans 1,039 sq ft and is being sold with an existing tenancy. It has a guide price of $4.48 million, equivalent to $4,312 per square foot (psf) based on floor area. The second unit, situated on the ground floor of a shophouse along Joo Chiat Road, covers 1,609 sq ft and has a guide price of $5.08 million, which translates to $3,157 psf based on floor area. These properties are suitable for various commercial purposes, including F&B takeaway shops, and medical and wellness centers.
Both shophouse units benefit from high foot traffic and prominent street frontages. They are strategically located in lifestyle hubs, which are home to popular eateries, boutique hotels, artisanal cafes, and creative firms. Yap Hui Yee, Executive Director of Investment Sales and Capital Markets at Savills Singapore, says that freehold shophouses are highly coveted and sought-after by investors and buyers. She adds that this portfolio of two freehold strata-titled shophouses, each available for around $5 million, offers a rare and compelling opportunity to enter Singapore’s tightly held shophouse market. With their prime locations in Keong Saik and Joo Chiat, these properties present an exceptional chance for investors to acquire valuable assets at an attractive price point.
Interested parties can acquire the shophouses individually or as a portfolio. The EOI exercise is set to close on May 8 at 3pm.