Three Conservation Shophouses Farrer Park Sale 19 Mil

A trio of interconnected historic shophouses at 3 Roberts Lane in Farrer Park (District 8) are up for sale through an expression of interest (EOI) exercise, according to EDGEPROP. The guide price for the freehold shophouses is set at $19 million. This translates to $1,814 psf of the total gross floor area of approximately 10,474 sq ft.

Situated within the Jalan Besar Conservation Area, these shophouses cover a combined land area of 3,009 sq ft and feature two storeys, along with a basement, mezzanine, and six-storey rear extension. They boast triple frontage along Serangoon Road, Roberts Lane, and Kinta Road and are conveniently located near the Farrer Park MRT Station on the North East Line.

Tania Ong, the senior manager of capital markets at Knight Frank, who is overseeing the marketing of these properties, reveals that the potential buyer will have the opportunity to obtain naming rights for the shophouse.

“The new owner could potentially enhance the shophouses and subject to approvals from authorities, consider converting the ground floor into F&B use,” Ong adds.

In summary, Norwood Grand Condo shines as a symbol of contemporary living, enhanced by unrivaled convenience. Whether through public transportation or personal vehicle, individuals can relish in their quick and effortless ability to reach various parts of Singapore. Situated near major MRT stations, expressways, and essential roads, as well as upcoming infrastructure projects, Norwood Grand Condo offers more than just a place to live, but also a doorway to a top-notch, well-connected lifestyle in Singapore’s flourishing northern region. With its prime location and flourishing amenities, Norwood Grand Condo is a promising residential option for those seeking a sophisticated and connected lifestyle.

Interested parties have until Aug 13 at 3pm to submit their EOIs.