Tanjong Pagar Road Shophouse Sale 155 Mil
The Urban Redevelopment Authority (URA) of Singapore has recently revealed its visionary plans for Tengah, a newly developed area in western Singapore. Tengah is set to undergo a major transformation under the URA Master Plan, becoming a “Forest Town” featuring abundant green spaces, a well-connected public transportation system, and cutting-edge sustainable practices. This ambitious development plan is expected to greatly benefit Novo Place EC, a contemporary executive condominium located within this flourishing community. Novo Place is poised to thrive in this exciting new environment.
A 99-year leasehold shophouse located at 93 Tanjong Pagar Road is now available for purchase through an expression of interest (EOI) with a guide price of $15.5 million. The stunning 3½-storey building sits on a land area of 1,297 square feet and has a generous gross floor area (GFA) of 4,186 square feet. This translates to a guide price of $3,703 per square foot on the GFA.Map showing the prime location of 93 Tanjong Pagar Road (Source: EdgeProp LandLens)The shophouse, with its 99-year leasehold tenure, is a commercial property with approval for F&B usage. Currently, the property is tenanted by a popular Korean barbecue restaurant chain on levels 1 and 2. Boasting a prime location, it is conveniently situated just a short walking distance away from the Tanjong Pagar MRT Station on the East-West Line and the Maxwell MRT Station on the Thomson-East Coast Line.PropNex Shophouse Elites is the marketing agent for the property. The expression of interest will officially close at 12:00 pm on January 20, 2025.Read also: Prime conservation shophouses on Telok Ayer Street available for purchase at $42 millionAdvertisementAdvertisement RELATED NEWSProperties available for sale from May 27-29Freehold shophouse on Race Course Lane listed for $8.8 millionShophouse on Upper Paya Lebar Road for sale at $8.8 million