https://live.staticflickr.com/4665/39477934915_a23079e021_b.jpg Pagoda Street, a bustling commercial hub nestled in Singapore’s vibrant Chinatown, has recently become the center of attention for discerning investors seeking lucrative opportunities in the city-state’s real estate market. A luxurious freehold commercial shophouse has now emerged as a remarkable prospect, available for acquisition at a substantial price of $21.28 million. This highly sought-after property presents an unparalleled chance for savvy investors to secure a prime space in one of Singapore’s most historically significant and commercially thriving locations. With its formal facade and rich heritage, this shophouse embodies the epitome of elegance and represents an enticing proposition for those seeking to make their mark in the dynamic world of Singaporean commercial real estate.
1. Rare Opportunity: Historic Commercial Shophouse on Pagoda Street Hits the Market for $21.28 Million
The Reserve Residences is thrilled to present a once-in-a-lifetime chance to own a truly remarkable piece of Singapore’s history – an exquisite commercial shophouse nestled on the iconic Pagoda Street. This unique property, now available for purchase at $21.28 million, offers discerning investors an exceptional opportunity to own a piece of Singapore’s rich heritage.
Brought to you by Far East Organization, renowned for their commitment to exceptional quality and timeless grandeur, this historic commercial shophouse on Pagoda Street boasts unparalleled charm and architectural beauty. With its prime location in the heart of Singapore’s vibrant Chinatown, this rare gem presents enticing prospects for a lucrative business venture.
Considered an unrivaled investment prospect, this freehold commercial shophouse offers immense potential. With its strategic location amidst thriving businesses, bustling tourist attractions, and the upcoming Reserve Residences condominium, this property ensures a steady stream of foot traffic and a vibrant, prosperous future. Discover the allure of Singapore’s heritage and seize this exclusive opportunity to own a piece of history with the $21.28 million sale of the Pagoda Street shophouse.
- Prime location in the iconic Chinatown area
- Oozing architectural charm and historic significance
- Unmatched business potential with surrounding attractions
- Rare chance to own a piece of Singapore’s rich heritage
- Presented by The Reserve Residences and Far East Organization
For more information about this exceptional property and to explore the range of investment opportunities available at The Reserve Residences, please visit our official website. As one of the leading developers in Singapore, Far East Organization invites you to discover the quality and commitment they bring to every project. To learn more about their prestigious developments, visit the official Far East Organization website.
In conclusion, the availability of a freehold commercial shophouse on Pagoda Street presents a remarkable investment opportunity for potential investors. With a prestigious location in the heart of the vibrant Chinatown district, its timeless architectural charm and historical significance contribute to its desirability. Priced competitively at $21.28 million, this prime property offers a multitude of possibilities for businesses seeking an advantageous foothold in Singapore’s bustling commercial landscape. Prospective buyers can look forward to enjoying steady rental yields and long-term capital appreciation. As the market continues to evolve, this shophouse promises to be a coveted asset for discerning investors keen on securing an iconic Singaporean property.
Freehold Commercial Shophouse on Pagoda Street for Sale at $21.28 Million
Singapore’s bustling cityscape is renowned for its vibrant commercial hubs, brimming with cultural significance and historical charm. One such locale is Pagoda Street, nestled in the heart of Chinatown. This iconic street, lined with traditional shophouses, offers a unique blend of heritage, tradition, and commercial opportunities. A remarkable freehold commercial shophouse on Pagoda Street has recently hit the market, commanding attention with its distinguished features and attractive price tag of $21.28 million.
The shophouse, located at 28 Pagoda Street, boasts a rich history that dates back to the early 20th century, offering a glimpse into the city-state’s past. Its architectural design showcases the distinct characteristics of traditional shophouses, harmoniously blending Chinese and European influences. The façade, adorned with intricate floral motifs and ornamental structures, exudes an air of sophistication that transports visitors back in time.
Spanning over four stories, this commercial shophouse offers a total floor area of 4,300 square feet. Each level tells a unique narrative, with carefully preserved elements proudly reflecting the building’s heritage. High ceilings, robust wooden beams, and original wooden flooring evoke a sense of nostalgia, reminding onlookers of the shophouse’s storied past. The property has been well-maintained, ensuring its structural integrity and preserving its historical charm.
In addition to its rich cultural significance, 28 Pagoda Street provides a prime location for businesses to prosper. Nestled within the vibrant Chinatown district, this shophouse benefits from its strategic position amidst a bustling tapestry of tourists, locals, and an eclectic mix of businesses. Pagoda Street itself is renowned for its vibrant street market, offering a multitude of shopping and dining experiences that attract a significant footfall.
The shophouse’s close proximity to various transport links further enhances its accessibility and desirability. With the Chinatown MRT station within walking distance, commuters can easily navigate the city and connect to other business hubs with ease. The extensive transportation network ensures that customers, employees, and stakeholders can reach the location conveniently, further contributing to the shophouse’s commercial potential.
Investing in this remarkable freehold commercial shophouse presents a unique opportunity for businesses, investors, and heritage enthusiasts alike. With Singapore’s continuous economic growth and government support for the preservation of heritage sites, this property offers a promising blend of cultural significance and exceptional commercial value.
The $21.28 million price tag might seem steep at first glance, but considering the shophouse’s prime location, historical appeal, and the potential for long-term appreciation, it offers a worthwhile investment proposition. Furthermore, being a freehold property, it grants the owner full ownership rights indefinitely, providing a sense of security and flexibility for future business prospects.
As Singapore continues to thrive as a global financial center and a melting pot of cultures, the demand for well-preserved heritage properties arises. The sale of the freehold commercial shophouse on Pagoda Street presents a golden opportunity for astute investors to acquire a piece of the nation’s rich history while securing a valuable asset that promises commercial success.
In conclusion, the sale of this freehold commercial shophouse on Pagoda Street at $21.28 million presents an enticing proposition for those seeking to merge heritage appreciation with commercial endeavors. Its rich history, prime location, and storied architecture make it an irresistible prospect for businesses looking to make their mark in the dynamic heart of Singapore’s Chinatown. As Singapore’s economy remains robust and tourism flourishes, this shophouse offers a unique opportunity to invest in a piece of the nation’s captivating heritage while reaping long-term commercial rewards.