A 999-year leasehold shophouse at 223 River Valley Road in District 9’s Clarke Quay area is up for sale at an indicative price starting from $11.8 million. With a site area of 1,376 sq ft, the three-storey shophouse has a plot ratio of 3.9. It is located across UE Square, within walking distance of the Fort Canning, Clarke Quay and Dhoby Ghaut MRT Stations.
This property is a great opportunity with value-add potential. The future owner may explore redeveloping to maximise its gross floor area of 5,365 sq ft. The ground floor of the shophouse is used as a restaurant and is currently occupied by a coffee shop. The upper floors are approved for office usage.
For those looking to add a prime shophouse to their portfolio, this property is an attractive investment option with its excellent attributes and competitive price tag.
The new J’Den Former JCube Condo will be situated right in the heart of the JLD, and will be the perfect spot for those looking to live, shop and be entertained in one go. The new development is expected to house up to 645 residential units, with a mix of one to three-bedroom units, as well as a childcare centre. In addition, the 91,831 square meter space will feature a shopping mall, food court and entertainment hub, offering a wide range of facilities and amenities for the convenience of its residents.J’Den Former JCube promises to be a perfect destination for those searching for a vibrant lifestyle. With an array of retail, entertainment and dining options, as well as the convenience of the MRT, this condominium development is ideal for those looking to experience the best of Singapore.
Meanwhile, a nearby shophouse -235 South Bridge Road- is also up for sale via an EOI exercise. This two-story property comes with a mezzanine and has a guide price of $23 million. Its land area is 1,461 sq ft and it is zoned for commercial use. Currently, it is tenanted by a karaoke lounge operator on the ground floor and a yoga school on the upper storeys.
235 South Bridge Road is near to the Maxwell, Tanjong Pagar and Chinatown MRT Stations. This shophouse is a great opportunity for business owners and investors to own a well-located asset.
The EOI exercise for 223 River Valley Road closes on June 21 at 3pm, while the exercise for 235 South Bridge Road will close on July 25 at 3pm.
