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Rare opportunity to acquire a new fully rebuilt Conservation Commercial Shophouse in the heart of historic Singapore.

Investment Highlights

• Two and a half storey building with Ground floor license obtained for F&B
• Full commercial zoning thereby buyers exempted from paying ABSD ( Additional buyer’s stamp duty
• Suitable for foreigners / companies to purchase
  This is a very substantial tax saving equivalent to 60% of the purchase price (Foreigners buying residential properties in Singapore now need to pay 60% for ABSD)
• Land Area: Approx 1000 sq ft
• GFA 2750 sq ft
• Leasehold 99 years

Executive Summary

• Property at centre of Little India ..in close proximity to several 4 star hotels
• Fully air-conditioned
• The interior is meticulously restored to its original beauty with internal timbered louvered windows, exposed timber roof rafters and a garden setting internal air well.
• Reconstructed with steel column supports encased in fire protection materials for structural engineering soundness n fire safety as directed by Building Control Division n URA.
  Also white ants protection treatments to all timber roof truss plus CCTV control systems for underground water drainage and sewer system.
• Ample parallel road side parking, enclosed car parks and two minutes walk to multistorey car park