A two-storey shophouse along Craig Road has been put up for sale with a guide price of $12 million.
The property is a conservation shophouse within the Tanjong Pagar conservation area. This means some uses, such as new bars and pubs, may not be allowed. In the case of this property, it sits on a “Commercial” zone and comes with F&B approval on the ground floor and office use on the upper floor. The shophouse is situated between the Duxton Hill and Keong Saik F&B enclave, and is surrounded by restaurants and hipster cafes such as Ma Cuisine, Shake Shake and Birds of Paradise.
Yap Hui Yee, Senior Director, Investment Sales & Capital Markets at Savills Singapore, said, “This is a rare opportunity for buyers to purchase a conservation shophouse, especially one located within Singapore’s most popular F&B enclaves.
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