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BT EXCLUSIVE

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

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The shophouse at 21 Boon Tat Street (above centre), which houses one-Michelin-starred restaurant Cheek by Jowl, was sold for S$16.5 million or S$4,259 per square foot while 22 Ann Siang Road went for S$3,488 psf based on the S$15 million price tag and estimated built-up area of 4,300 sq ft.

BT_20181004_KRBOON4X01E_3580591.jpg
The shophouse at 21 Boon Tat Street, which houses one-Michelin-starred restaurant Cheek by Jowl, was sold for S$16.5 million or S$4,259 per square foot while 22 Ann Siang Road (above) went for S$3,488 psf based on the S$15 million price tag and estimated built-up area of 4,300 sq ft.

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...

sentifi.com

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