- For sale
Located in the heart of Singapore's historic Civic District, this unique conservation shophouse underwent careful restoration and modernisation in 2010. This property is to be sold with vacant possession, which represents a great opportunity for rebranding or repositioning the asset. The property is located strategically within the bustling Purvis Street that contains a plethora of food options.
This is an investment property which is the epitome of technical efficiency. Notably, as part of its modernisation process, this property has both a fully equipped kitchen and fully functioning bar. Zoned for “Hotel” use with plot ratio 4.2 , foreigners are eligible to purchase the subject property. There is also no Additional Buyer’s Stamp Duty (ABSD) or Seller’s Stamp Duty (SSD) imposed on the property transaction.
This property is for sale by Expression of Interest. EOI Closing on 8 April 2021, Thursday at 3pm.