999-year-old pair of shophouses in Ann Siang Hill for sale at guide price $33.8m

The two can be sold individually or collectively.

A pair of commercial shophouses located on Ann Siang Hill is going on sale for a guide price starting at $33.8m.

The property is located at an elevated ground and enjoys a scenic view of Ann Siang Park Connector. It sits on separate land titles with a combined land area of approximately 2,649 square feet with an estimated built-up area of approximately 5,550 square feet. The shophouses has a distinctive historical façade with the interior space being tastefully refurbished and thoughtfully designed. It is currently interconnected and fully occupied by a strong and reputable multinational corporation tenant.

The property is near four MRT stations, namely the newly opened Maxwell MRT Station (Thomson-East Coast Line), Telok Ayer MRT Station (Downtown Line), Chinatown MRT Interchange Stations (North-East and Downtown Lines), Tanjong Pagar MRT Station (East-West Line), all located within a 500 metre radius.

The shophouses can be sold individually or collectively. Foreigners and companies are eligible to purchase the properties and no Additional Buyer Stamp Duty (ABSD) or Seller’s Stamp Duty (SSD) will be imposed.

The sale will be conducted through Expression of Interest exercise, which closes on Wednesday, 19 October 2022, at 3pm. Savills Singapore is the exclusive marketing agent for the sale.