# 71 Amoy Street: Rare 999-year commercial conservation shophouse draws immediate interest - **Source:** EdgeProp Singapore - **Published:** 2026-08-07T07:00:00.000Z - **Author:** Lynn Han - **Original:** https://www.edgeprop.sg/property-news/71-amoy-street-rare-999-year-commercial-conservation-shophouse-draws-immediate-interest - **Topics:** Commercial & Industrial, Government & Policy ## Featured rationale Its pricing below 3 Keong Saik Road’s $17,100 psf transaction may attract family offices seeking scarce CBD heritage assets with income and operational utility. ## AI summary The tenanted 999-year conservation shophouse at 71 Amoy Street is offered at $23.8 million, or $11,498 psf, across a 2,070 sq ft site. ## Original article A rare 999-year commercial conservation shophouse in the heart of Singapore’s CBD is now available for $23.8 million, offering investors a blend of immediate tenancy income, heritage appeal, and long-term value. The property is marketed by exclusive agent Magdalene Lee, associate director of Mutual Benefits Realty. Situated along the vibrant Telok Ayer precinct, the property enjoys a beautiful depth and proportion that lends it a sense of substance rarely found in modern commercial stock. Its conservation character adds architectural dignity, while the generous built-up area of approximately 3,624 sq ft supports a range of uses suited to discerning investors and owner-occupiers. From façade to interior volume, the shophouse reflects the timeless appeal of Singapore’s best heritage properties. Step inside to experience an expansive interior that pairs heritage character with modern commercial polish. Its high ceilings create an immediate sense of volume and grandeur, while the generous floor plate allows for flexible zoning across reception, collaborative work areas, private rooms and executive spaces. Natural light and long sightlines enhance the feeling of openness, making the space feel larger and more inviting than its footprint suggests. Its still-robust bones give the interior authenticity, but the fit-out can support contemporary use with refined finishes, efficient layout planning and premium detailing. For those seeking a statement asset, this refined space offers something increasingly scarce in the CBD: prestige, practicality and timeless architectural presence in a single commercial address. Another of the shophouse’s strengths is its storied neighbours. Flanking it on one side, at 70 Amoy Street, is the prestigious Anglo-Chinese School (ACS) House, a landmark steeped with historical significance. At 72 Amoy Street, is the Michelin-recognised restaurant, Nouri. The street itself is animated by an eclectic mix of family offices, restaurants, cafés and boutique businesses, creating a refined yet energetic environment that reinforces the area’s prestige and enduring commercial value. Architecturally, 71 Amoy Street belongs to a lineage of shophouses whose depth and proportion recall the handsome heritage stock of Penang. That sense of depth captured across a generous built-up space matters: it gives the property a tangible gravitas, a sense of interior generosity and old-world substance that newer buildings cannot easily replicate. In a market increasingly defined by scarcity, this generous built form offers not only utility but mood and memory, with permanence and legacy. Juxtaposed with a recent transaction at 3 Keong Saik Road — where a 1,287 sq ft plot fetched $22 million ($17,100 psf) — the asking price of $23.8 million ($11,498 psf) for the 2,070 sq ft property at 71 Amoy Street is the more compelling value. Beyond its price advantage, 71 Amoy Street, is also first-rate on several counts. Along with tenancy, it offers deeper heritage, a stronger foothold in the financial district with major banks nearby, and superior long-term wealth preservation. This opportunity is well-suited to meet growing demand from a regional pool of Asian ultra-high-net-worth family offices. Those seeking Singapore-based assets that combine capital preservation with operational utility and heritage value, with architectural presence, will find themselves in the company of discerning investors looking for long-term market outperformance. Ultimately, 71 Amoy Street is best understood as a property with depth and soul. The dignity of heritage, the reassurance of a proven commercial district, and the elegance of a streetscape shaped by fine dining, professional occupancy and architectural depth — this is a formidable stronghold for those seeking not merely an address, but a lasting presence in one of Singapore’s most storied quarters. For more information, Contact Magdalene Lee | 98766574 DIRECTOR (R017722B) MUTUAL BENEFITS REALTY PTE. LTD. ## Chinese translation > Translation model: openai_codex_cli ### 71 Amoy Street：罕见 999 年商业保育店屋迅速吸引关注 位于 71 Amoy Street 的一栋罕见 999 年商业保育店屋正以 2,380 万新元放售。 一栋位于新加坡 CBD 核心地带的罕见 999 年商业保育店屋现以新币 2,380 万元推出市场，为投资者提供即时租赁收入、历史传承吸引力和长期价值的组合。该物业由 Mutual Benefits Realty 副董事 Magdalene Lee 担任独家代理销售。 该物业坐落在充满活力的 Telok Ayer 区域，拥有优美的进深和比例，赋予它一种在现代商业存量中少见的厚重感。其保育特色增添了建筑尊严，而约 3,624 平方英尺的宽敞建筑面积则支持一系列适合眼光独到的投资者和自用业主的用途。 从立面到室内体量，这栋店屋都体现了新加坡最佳历史建筑物业的历久魅力。 步入室内，可感受到宽阔空间将历史建筑特色与现代商业精致感结合起来。高挑天花板立即营造出体量感和宏伟感，而宽敞的楼面则允许灵活划分接待区、协作办公区、私人房间和行政空间。自然采光和纵深视线增强了开阔感，使空间感觉比其实际面积更大、更具吸引力。 其依然坚实的骨架赋予室内真实感，而装修配置则可通过精致饰面、高效布局规划和高端细节支持现代用途。对于寻求标志性资产的人而言，这一精致空间提供了 CBD 中日益稀缺的东西：在一个商业地址中同时具备声望、实用性和历久的建筑存在感。 这栋店屋的另一项优势是其富有故事的邻居。一侧的 70 Amoy Street 是享有盛名的 Anglo-Chinese School (ACS) House，这是一座具有深厚历史意义的地标。72 Amoy Street 则是获得 Michelin 认可的餐厅 Nouri。 这条街本身由家族办公室、餐厅、咖啡馆和精品企业的多元组合所带动，营造出精致而充满活力的环境，强化了该区域的声望和持久商业价值。 从建筑角度看，71 Amoy Street 属于一脉店屋传统，其进深和比例令人想起 Penang 优雅的历史建筑存量。这种在宽敞建筑面积中呈现的进深感很重要：它赋予物业一种可感知的庄重、一种室内空间的宽裕感和旧时代的厚重感，这是较新的建筑难以轻易复制的。在一个日益由稀缺性定义的市场中，这一宽裕的建筑形态不仅提供实用性，也提供氛围与记忆，带来恒久性和传承感。 与近期 3 Keong Saik Road 的交易相比——该处 1,287 平方英尺地块以新币 2,200 万元（每平方英尺新币 17,100 元）成交——71 Amoy Street 这处 2,070 平方英尺物业的新币 2,380 万元要价（每平方英尺新币 11,498 元）更具价值吸引力。除了价格优势外，71 Amoy Street 在多个方面也属一流。除租约之外，它还具备更深厚的历史传承、在金融区更稳固的立足点且附近有主要银行，以及更优越的长期财富保值能力。 这一机会非常适合满足来自亚洲区域超高净值家族办公室群体不断增长的需求。那些寻求位于新加坡、兼具资本保值、运营实用性和历史价值，并具有建筑存在感资产的人，将会与寻找长期跑赢市场机会的眼光独到投资者同行。 归根结底，71 Amoy Street 最应被理解为一处有深度、有灵魂的物业。 历史传承的尊严、成熟商业区带来的安心，以及由精致餐饮、专业租户和建筑深度共同塑造的街景优雅——对于那些寻求的不只是一个地址，而是在新加坡最具故事感街区之一留下持久存在的人而言，这是一处强大的据点。 如需更多信息， 联系 Magdalene Lee | 98766574 董事 (R017722B) MUTUAL BENEFITS REALTY PTE. LTD.