Tras Street shophouse seeks $15m in CBD sale

Based on the guide price, the asset is priced at about $3,326 per sq ft on floor area.

A conserved shophouse at 81 Tras Street in the Tanjong Pagar conservation area is being offered for sale at a guide price of $15m, according to its sole marketing agent ETC.

ETC said the property is a two-storey conservation shophouse with an attic and roof terrace, and will be marketed via an expression of interest exercise that closes on 10 February 2026 at 3:00 pm.

The asset sits within Singapore’s CBD and is part of the Tanjong Pagar Conservation Area.

The property has a site area of about 151.1 sq m (1,626 sq ft) and a total floor area of around 419.0 sq m (4,510 sq ft), subject to final survey. Under the Master Plan 2025, the property is zoned commercial and has planning approval for restaurant use on both the first and second floors.

ETC stated that the shophouse has been well-renovated and is currently tenanted by Pasta Brava, providing what it described as immediate rental income. Based on the guide price, the asset is priced at about $3,326 per sq ft on floor area.

The sale is open to both local and foreign buyers. ETC said the transaction is not subject to additional buyer’s stamp duty (ABSD) or seller’s stamp duty (SSD).

The property is located about 180 metres from Tanjong Pagar MRT station and 360 metres from Maxwell MRT station, with accessibility expected to improve further following the completion of Prince Edward Road MRT station in the first half of 2026.

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