Freehold shophouse in Geylang on the market for $18 mil

Sant Ritz Project Details

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

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, and also SingPost Centre.

The structure sits on a 5,583 sq ft website and also has a flooring area of concerning 12,000 sq ft. Thus, the asking price translates to a land price of $3,224 psf, or concerning $1,500 psf on the flooring location.

The website is zoned for domestic use or institutional usage with a gross plot ratio of 2.8, and a permitted height of approximately 8 floors, based on the most recent Master Plan. According to the marketing agent, the shophouse is currently fully tenanted.

Based on EdgeProp’s Landlens analytics device, there have actually been two current en bloc deals in the vicinity. They included Advance Apartments on Lorong 25 Geylang, which transacted for $26.5 million ($ 1,270 psf) in December 2020, and also Yuen Sing Mansion on Lorong 13 Geylang, which was cost $15.2 million ($ 1,580 psf) in August 2020

A property shophouse at 6 Lorong 19 Geylang has actually been offered using expression of passion with a $18 million asking cost. The residential or commercial property is marketed by Mount Everest Properties.

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