February 19, 2022

Inside a $19 Million 3-Storey Conservation Shophouse in Boat Quay CBD Lorong Telok | D1 (Melvin Lim)

There are only a fixed supply of 6,760 conservation shophouses in Singapore. And to find one in District 1 and 999-year leasehold in nature, that is a true rarity. District 1 shophouses are among those highly sought-after by investors, given its prime address and cultural heritage of Boat Quay. 

This shophouse that we are bringing you along to sits on a land size of 1,410 sq ft with an approximate built-up area of 4,000 sq ft spread across three different levels. We think that the whole integration of city skyscrapers and heritage shophouses in a single viewfinder is one of a kind and where else to find this but in the central region of Singapore? 

Melvin goes down into the analysis for investors, including the numbers and how they fare across the four different regions of conservation shophouses in Singapore as well as the different zonings and uses. If you are an avid fan of shophouses, be sure to check this out; a rare commodity in the real estate scene!