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S$ 28,000,000
S$ 6,046 psfEst. mortgage S$ 100,257/mo
Shop / Shophouse for Sale: Teo Hong Road
4,631 sqft
Teo Hong RoadView on map
Chinatown / Tanjong Pagar (D2)Est. mortgage S$ 100,257/mo
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Property details
Property type
Shop / Shophouse
Floor area
4,631 sqft
Price/sqft
S$ 6,046.21 psf
Last updated
4 days ago
Description
Freehold PropertyNear MRT StationPrime LocationRental Income PotentialCommercial ZoningConservation ShophouseHeritage Poi NearbyNear RestaurantsVibrant Neighbourhood
Teo Hong road this rare and spacious 3.5 storey conservation shophouse in the Bukit Pasoh Conservation Area is minutes from the Outram Park MRT station.
Zoning : commercail .
Freehold lease with rental income as $40,250 per month.
Teo Hong Road was named after Teo Hong, a Hokkien carpenter and contractor who was from Fujian Province, China. Hong was a top-notch building contractor involved in several major projects including The Fullerton Hotel and the Old Ministry of Labour Building in Singapore.
Teo Hong Road is now a place where several Clan Associations gathered. Enticed by the charm of the conservation shophouses, a number of trendy restaurants and hotels have taken root along the street, attracting a new niche demographic. This mix of tenants has created a cool vibe that brings together people of all ages in a communal atmosphere steeped in tradition.
Listed by Adeline Lee
HUTTONS ASIA PTE. LTD.
CEA: L3008899K | R023388B
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