Merchant Road commercial building on the market again at lower price of $135 mil
Merchant Road commercial building on the market again at lower price of $135 mil was reported by EdgeProp Singapore on 9 June 2025.
Raffles Education Square, a commercial building at 51 Merchant Road, is up for sale with a guide price of $135 million. The property comprises a four-storey building attached to two rows of conservation shophouses, along with a basement car park. It has a gross floor area (GFA) of 71,111 sq ft and is situated on a commercial site spanning 27,669 sq ft. The land has a 99-year leasehold tenure from 15 May 1993, which means it has roughly 67 years remaining on its lease.
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Key takeaways
Market: Singapore commercial property investment
Location: Singapore
Reported benchmark: $135 mil
News date: 9 June 2025
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Source: EdgeProp Singapore, 9 June 2025