CBRE has announced the sale of a freehold 5-storey shophouse with an attic, located at 42 South Bridge Road in Singapore’s Upper Circular Conservation Area. The sale will be conducted via an Expression of Interest (EOI) exercise, closing on 28 July 2026 at 3pm.
The property, which spans approximately 6,430 square feet, is zoned for commercial use under the Urban Redevelopment Authority’s (URA) Master Plan 2025. It features a refurbished façade and modern interiors, with restaurant approval for the ground floor, fifth floor, and attic. These spaces are currently leased to a bar-cum-coffeehouse and a modern East Asian bistro, whilst the third floor houses a private wine club. The remaining floors serve as office space.
Strategically located within the Central Business District (CBD), the shophouse benefits from proximity to popular lifestyle destinations such as Boat Quay and Clarke Quay. The area is known for its vibrant mix of restaurants, bars, boutique hotels, and offices. The property is a short walk from Clarke Quay MRT station and several other MRT stations, offering excellent connectivity.
The indicative guide price for the property is S$33.4m, equating to approximately S$5,200 per square foot. As a commercial property, it is available for purchase by foreigners without Additional Buyer’s Stamp Duty (ABSD) or Seller’s Stamp Duty (SSD).
Michael Tay, Deputy Managing Director at CBRE, highlighted the property’s strategic position and strong demand from investors and tenants. Clemence Lee, Executive Director at CBRE, noted that recent URA regulatory changes could enhance the area’s appeal, potentially boosting rental growth and capital values.
