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2 Temple St shophouses being sold for S$18.5m

Buyer is a partnership between Clifton Partners and a Hong Kong institutional investor

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The buyer is expected to pump in about S$2 million to renovate the property once all the tenants have vacated it.

Singapore

A PAIR of freehold shophouses along Temple Street in the Chinatown area are changing hands for S$18.5 million. The price works out to around S$2,125 per square foot based on the estimated floor area of 8,700 sq ft.

Standing on 2,658 sq ft of land, the shophouses span

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