Savills Singapore has launched a rare pair of refurbished shophouses for sale at 277/279 South Bridge Road in the Chinatown Conservation Area. These adjoining properties, with a combined land area of approximately 2,847 square feet and a total built-up area of about 8,259 square feet, are zoned for commercial use under the Master Plan 2025. The shophouses, featuring high-quality finishes such as marble flooring, are currently tenanted, offering investors immediate rental income.
The properties are anchored by Gunkee, a well-known food and beverage operator, ensuring consistent foot traffic. South Bridge Road has become a vibrant lifestyle corridor, hosting premium co-working spaces like The Great Room, co-living brand ST Signature, and heritage pastry brand Tong Heng. The area also features popular names such as Ya Kun Kaya Toast and Nanyang Old Coffee, reflecting strong investor interest in conserved shophouses.
The shophouses benefit from prominent street frontage and high pedestrian visibility, being within walking distance of Chinatown and Maxwell MRT stations. This location provides excellent connectivity and access to a large catchment of office workers, locals, and tourists. Yap Hui Yee, Executive Director of Investment Sales & Capital Markets at Savills Singapore, highlighted the dual catchment of tourists and professionals from the nearby Central Business District as a key advantage.
The sale is conducted via an Expression of Interest exercise, closing on 1 April 2026. Notably, there are no Seller’s Stamp Duty or Additional Buyer’s Stamp Duty applicable, and the properties are open to purchase by foreigners and companies.
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