163 views
Photo from Savills

Pair of shophouses at 48 Peck Seah Street on sale for $22.9m

The guide price translates to $3,500 psf on floor area.

A pair of two-storey shophouses with an attic located at 48 Peck Seah Street has been launched for sale for $22.9m.

The property’s marketing agent, Savills, said the guide price translates to $3,500 psf on floor area.

The pair of shophouses has a land area of 2,813 square feet (sq ft) and a total floor area of 6,562 sq ft.

The property also has a “Restaurant” approval. Fat Prince, a Middle Eastern restaurant, occupies the property's ground floor.

“No Additional Buyer’s Stamp Duty (ABSD) or Seller’s Stamp Duty (SSD) is applicable on the purchase of the property. Foreigners and companies are eligible to purchase the property,” Savills said.

Savills will conduct the property’s sale via an Expression of Interest exercise, which closes on 8 February, Thursday at 3 pm.
 

Follow the link for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!