Keong Saik Road conservation shophouse is for sale for $16 million

A shophouse that is a conservation site located in 34 Keong Saik Road is available for sale through an offer to purchase process that has a price guide that is $16 million. The three-storey shophouse is located on land of 1,066 sq feet and covers an estimated total built up area of 2662 square feet. The price guide works out to $6,010 per square foot depending on the area of built-up.

Kassia condominium is well-situated in a peaceful neighbourhood off Kassia, District 17 of Singapore.

Based on Wilkie Tay the associate director of marketing for PropNex which is also the only agent for marketing for the property The shophouse is located on an entrance that is both to Keong Saik Road and Teck Lim Road. The property is zoned for commercial use The entire property has also been granted approval for F&B use.

The shophouse is located within the Kreta Ayer Conservation Area and is located within the Chinatown enclave. It is walking distance from Outram Park MRT Station. Outram Park MRT Station which is an interchange point for three lines: the East-West, North-East, and Thomson-East Coast Lines; as also Chinatown MRT Station. Chinatown MRT Station which is an interchange point for both the Downtown as well as the North-East Lines.

The exercise to express interest to apply for the 34 Keong Saik Road will close on January 6 2023 at 3pm.