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Shophouse at 21 Boon Tat Street fetches record price in District 1

Duck & Hippo group founder James Heng is paying S$4,259 per square foot for the property

Kalpana Rashiwala

Published Wed, Oct 3, 2018 · 09:50 PM

Singapore property

Singapore

A 999-year leasehold shophouse at 21 Boon Tat Street in the Telok Ayer Conservation Area is being sold for S$16.5 million, which works out to S$4,259 per square foot on the estimated built-up area of 3,874 sq ft.

According to property agents, the psf price is a new high for a conservation shophouse in District 1.

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Property

Property

Shophouse at 21 Boon Tat Street fetches record price in District 1

Kalpana Rashiwala

Property

Singapore office rents in central region fall 1.7 per cent in Q1 after rising for 9 quarters

Singapore retail rents slip 0.4% in Q1 as vacancy rates creep up

Country Garden plans to present debt revamp plan in H2, sources say

Hong Kong home prices rise for first time in 11 months after curbs scrapped

HDB resale prices accelerate, rising 1.8% in Q1 on stronger demand

Private home prices ease to 1.4% rise in Q1; rents fall a further 1.9%

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