8M Real Estate buying shophouses worth S$144m

Singapore

8M Real Estate is buying about S$144 million in shophouses in four transactions involving 10 shophouses in Tanjong Pagar Road, Amoy Street, Gemmill Lane and Lorong Mambong.

The biggest of the four deals, at S$80 million, is for a row of six shophouses - Nos 33, 35, 37, 39, 41 and 43 Tanjong Pagar Road - which have four floors and a mezzanine level.

The ground-floor space of two of the shophouses is leased to a bridal boutique; that for another two shophouses leased to Five Oars Coffee Roasters, a…