A rare investment opportunity has emerged in Singapore’s historic Chinatown as The Platinum at Upper Cross Street is listed for sale at $55m. Marketed by Brilliance Capital, this four-storey conservation shophouse with an attic offers a unique blend of heritage charm and modern convenience, featuring 17 studio flats and three retail units.
Located in a prime conservation district, The Platinum is surrounded by iconic landmarks such as the Buddha Tooth Relic Temple and Chinatown Point. The property, originally purchased in 2002 and refurbished into a modern conservation building, boasts a striking silver-platinum façade and a lift serving all floors—an uncommon feature in conserved shophouses.
The property spans 390 m² with a total gross floor area of 1,331 m², translating to approximately $3,838 per square foot. Among its tenants is the renowned Chinese pharmaceutical company Beijing Tong Ren Tang, adding to its appeal. The studio flats range from 257 to 638 square feet, with five loft-style units offering enhanced spatial appeal.
Yong Choon Fah, Senior Associate Director of Brilliance Capital, highlighted the property’s unique configuration on commercial-zoned land, allowing investors to avoid the Additional Buyer’s Stamp Duty typically associated with residential purchases. “This presents a rare opportunity for investors, corporate entities, and family offices,” she stated.
The commercial zoning also offers future flexibility for redesign or repurposing, catering to various investment strategies. The Expression of Interest for The Platinum closes on 9 September 2025, providing a limited window for interested parties to secure this distinctive asset.
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