Freehold shophouse in Geylang on the market for $18 mil

Freehold shophouse in Geylang on the market for $18 mil

Panorama Floor Plan

The structure remains on a 5,583 sq ft website and has a flooring location of about 12,000 sq ft. Thus, the asking rate translates to a land rate of $3,224 psf, or about $1,500 psf on the floor location.

The shophouse is close to Kallang and also Aljunied MRT Stations on the East-West Line. Nearby mall include Paya Lebar Quarter, Paya Lebar Square, as well as SingPost Centre.

The site is zoned for household usage or institutional use with a gross plot proportion of 2.8, and an allowable elevation of as much as 8 storeys, based upon the current Master Plan. According to the advertising representative, the shophouse is presently completely tenanted.

An estate shophouse at 6 Lorong 19 Geylang has been offered by means of expression of passion with a $18 million asking price. The home is marketed by Mount Everest Properties.

Based upon EdgeProp’s Landlens analytics device, there have been two current en bloc purchases around. They involved Advance Apartments on Lorong 25 Geylang, which negotiated for $26.5 million ($ 1,270 psf) in December 2020, and Yuen Sing Mansion on Lorong 13 Geylang, which was sold for $15.2 million ($ 1,580 psf) in August 2020

One of the most current launch in the location was the 110-unit Rezi 24 on Lorong 24 Geylang, which was introduced for sale in March 2019.

Leave a Reply

Dairy Farm Residences | The Estuary | Forestville | Sant Ritz | Ecopolitan | J Gateway | Kensington Square | The Panorama | Lake Life | City Gate | Westwood Residences | Bellewoods | Bellewaters | The Terrace EC | Botanique @ Bartley | Symphony Suites | The Vales EC | Wandervale EC | Thomson Impressions | Parc Life EC | Highpark Residences | Cairnhill Nine | Parc Riviera | Sol Acres | Inz Residence EC | Carpmael 38 | Kingsford Waterbay | Signature at Yishun | The Criterion EC | The Alps Residences | Forestwoods | Queens Peak | The Navian | Amber 45 | The Verandah Residences | Nim Collection | Martin Modern | Le Quest | Bukit 828 | The Hyde | Seaside Residences | Fourth Avenue Residences | The Garden Residences | Uptown @ Farrer | The Gazania | Midtown Suite | Artra Condo | Canninghill Piers | 8 Saint Thomas | Grange 120 | The Tapestry | Park Colonial | Riverfront Residences | Jadescape | Boulevard 88 | Arena Residences | Parc Clematis | Riviere | Midwood | Avenue South Residence | Midtown Bay | Piermont Grand | Kopar @ Newton | Klimt Cairnhill | Phoenix Residences | Belgravia Ace | Tengah EC | Yishun EC | Jalan Tembusu Condo | Bukit Batok EC | Ang Mo Kio Condo | Jalan Anak Bukit Condo | Slim Barracks Rise | Lentor Condo | Tampines EC | Dunman Road Condo | The Reserve Residences | Amo Residences | Blossoms | Orchard Sophia | Bukit Batok EC | Copen Grand EC | Tengah EC | Tenet EC | Senja EC | Marina Gardens Lane Residences | Jurong East Central Condo | Former JCube | Leonie Hill Condo | Upper East Coast Road Condo | Yuan Ching Road Condo |Former Park View Mansions Enbloc | Lorong Chuan Condo | Former Chuan Park Enbloc | Former Euro Asia Apartment Condo | Serangoon Road Condo