Pair of pre-war conservation shophouses in Tanjong Pagar for sale at $39.8 mil

Pair of pre-war conservation shophouses in Tanjong Pagar for sale at $39.8 mil was reported by EdgeProp Singapore on 11 February 2022.

A pair of conservation shophouses with an Art Deco facade along Tanjong Pagar Road is on the market for a total of $39.8 million.

Why this matters for Singapore commercial property

Conservation shophouses remain a tightly held segment, so each listing or transaction helps establish current pricing, buyer appetite and potential rental positioning. The story is relevant to businesses, landlords and investors comparing current market evidence before making leasing or acquisition decisions.

Key takeaways

• Market: Singapore commercial shophouse

• Location: Tanjong Pagar

• Reported benchmark: $39.8 mil

• News date: 11 February 2022

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Source: EdgeProp Singapore, 11 February 2022