Five adjoining shophouses at Joo Chiat Road for sale at $59.8m

This translates to $11.96m per shophouse.

Brilliance Capital launched five adjoining freehold conservation shophouses at Joo Chiat Road for sale.

Previously offered at $62m, the adjusted asking price is $59.8m, translating to approximately $11.96m per shophouse.

Spanning a total land area of approximately 6,185 sq ft across five individual freehold titles, the shophouses feature a combined gross floor area of approximately 14,647 sq ft.

It is also designed with a 2-storey front and attic, complemented by a 3-storey rear extension.

The ground-floor units are fully leased to Food & Beverage operators and lifestyle brands.

The purchase of these properties is not subject to Additional Buyer’s Stamp Duty or Seller’s Stamp Duty.

The shophouses are available for collective or individual sale.

The Expression of Interest closes on 25 March at 3 p.m.