Adjoining Smith St shophouses put on market for at least S$33m
Zoned full commercial, the three units are a stone's throw from Chinatown MRT Station
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
A FREEHOLD cluster of three adjoining conservation shophouses on Smith Street has been launched for sale via public tender.
The guide price for the property is about S$3,500 per square foot, or S$33.25 million on a built-up area of about 9,500 sq ft, which reflects a gross yield of close to 2 per cent, according to Savills Singapore, the marketing agent for the property.
Copyright SPH Media. All rights reserved.
TRENDING NOW
‘We’ve seen the worst-case scenario’: How Indonesia’s Cinema XXI navigated crisis and change
Higher costs, lower returns: Why are Singaporeans still betting on real estate?
S-E Asia tourism takes hit from Middle East crisis, but intra-regional travel could spell hope
Auditors flag uncertainty on Katrina Group’s ability to continue as a going concern