Freehold shophouse on Syed Alwi Road for sale at $16 mil

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76 Syed Alwi Road, a freehold conservation shophouse located in District 8 is being marketed for sale through an expression of interest exercise with a guide price of $16 million. Sitting on a land area of 2,709 sq ft, the two storey shophouse has a gross floor area of around 3,600 sq ft.The tenant, however, will remain in place when the future owner acquires the asset, which still holds a significant heritage value. Nestled in the Little India Conservation Area and just a stone’s throw away from the Mustafa Centre, this shophouse is conveniently located with two MRT stations only a ten-minute walk away.Interested parties have until August 31, to put in their bids.A shophouse of significant heritage value, 76 Syed Alwi Road is now the subject of an expression of interest exercise with a guide price of $16 million. Boasting a land area of 2,709 sq ft, the two storey shophouse has a total gross floor area of around 3,600 sq ft, and is conveniently located opposite Mustafa Centre andwithin walking distance of Jalan Besar (Downtown Line) and Farrer Park (North-East Line) MRT stations.The property remains tenanted, allowing the future owner to reap immediate income while still obtaining a much sought-after heritage asset.Interested parties have until August 31 to present their offers.76 Syed Alwi Road, an attractive heritage property located in District 8, is now available through an expression of interest exercise with a guide price of $16 million. Situated on 2,709 sq ft of freehold land, the shophouse is zoned for commercial use and boasts a gross floor area of around 3,600 sq ft.Despite the tenant remaining in place, the future owner will still benefit from owning a conservation shophouse of significant heritage value as well as reap immediate income. Located in the Little India Conservation Area near Mustafa Centre, and in close proximity to the Jalan Besar (Downtown Line) and Farrer Park (North-East Line) MRT Stations, this is an unique investment opportunity not to be missed.The closing date for the exercise is August 31.Don’t miss out on this rare opportunity to own a freehold conservation shophouse in District 8! 76 Syed Alwi Road, boasting a land area of 2,709 sq ft and a gross floor area of approximately 3,600 sq ft, is being marketed for sale through an expression of interest exercise with a guide price of $16 million.Situated in the Little India Conservation Area, and just a short distance from the Mustafa Centre, the two-storey shophouse is zoned for commercial use and comes with a tenant in place, making it an ideal investment. With two nearby MRT stations, Jalan Besar (Downtown Line) and Farrer Park (North-East Line), the property is well-connected and highly accessible.The closing date for the exercise is August 31, so don’t miss out!

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