Three adjoining freehold shophouses at Roberts Lane up for sale
The guide price for the properties is set at $1,814 per sq. ft.
Three adjoining freehold shophouses located prominently at the corner of Roberts Lane are now available for sale.
According to Knight Frank Singapore, the property’s sole marketing agent, the guide price for the asset is set at $1,814 per square foot, reflecting a gross floor area totaling around 10,474 sqft.
Situated at 3 Roberts Lane, these two-storey properties include a basement, mezzanine, and a six-storey rear extension, totaling approximately 3,009 sqft of land.
The ground floors accommodate retail spaces, complemented by residential units above, boasting a triple frontage along Roberts Lane, Serangoon Road, and Kinta Road.
Potential enhancements include asset enhancement initiatives and potential conversion of ground floor spaces to F&B use, subject to regulatory approval. Naming rights for these strategically located shophouses are also available.
The location also benefits from proximity to Farrer Park MRT Station, enhancing accessibility.
The surrounding Farrer Park district is undergoing significant revitalisation with upcoming developments such as Piccadilly Grand and the planned construction of 1,600 new HDB units. These initiatives are expected to enhance the area's appeal for lifestyle, education, sports, and medical facilities, making it a promising investment opportunity.