# Adjoining pair of shophouses on Hongkong Street for sale at $42 mil - **Source:** EdgeProp Singapore - **Published:** 2026-07-14T02:00:00.000Z - **Author:** Atiqah Mokhtar - **Original:** https://www.edgeprop.sg/property-news/adjoining-pair-shophouses-hongkong-street-sale-42-mil - **Topics:** Commercial & Industrial, New Launches, Transactions & Deals ## Featured rationale Their amalgamation and accommodation potential, following relaxed planning restrictions, could attract hospitality investors seeking redevelopment opportunities within the Upper Circular Road precinct. ## AI summary Adjoining shophouses at 18 and 19 Hongkong Street were offered individually or collectively for a combined $42 million through an EOI closing August 25. ## Original article An expression of interest (EOI) exercise has been launched for a pair of shophouses located at 18 and 19 Hongkong Street. The adjoining commercial properties are available for sale individually or collectively, according to Knight Frank Singapore, the appointed marketing agent. The units have a combined asking price of $42 million. The property at 18 Hongkong Street is a four-storey shophouse occupying approximately 1,884 sq ft of land, with an existing gross floor area (GFA) of about 5,074 sq ft. The property, which is currently approved for hostel use, has a guide price of $14.5 million, or $2,858 psf on its GFA. The shophouse at 19 Hongkong Street is also a four-storey commercial property, albeit with a six-storey rear extension. Sitting on a land area of around 1,792 sq ft, it has a total floor area of about 8,842 sq ft. The shophouse has a guide price of $27.5 million, or $3,111 psf on the floor area. Read also: Hotel Clover at Hongkong St on sale for $27 mil; Hongkong St commercial building priced from $22.6 mil The property at 19 Hongkong Street has undergone a $7 million asset enhancement initiative (AEI) that was completed in 2015. The AEI included building upgrades, the installation of a passenger lift, and the creation of a private car park lot. In addition, the shophouse’s lease was topped up to a fresh 99-year tenure, adds Knight Frank. Together, the shophouses at 18 and 19 Hongkong Street have a land area of 3,676 sq ft. Given the site’s maximum permissible plot ratio of 4.2, it can potentially yield GFA totalling 15,703 sq ft — higher than the shophouses’ existing floor area, which totals 13,916 sq ft. The two shophouses could potentially be amalgamated and transformed into a larger-scale accommodation, subject to the relevant authorities' approvals, notes Dayna Ang, senior manager at Knight Frank Singapore. This follows URA’s recent planning revisions for select sites within the Upper Circular Road precinct. On June 5, URA lifted restrictions on new short-term accommodations in the Upper Circular Road and Beach Road areas, paving the way for the potential introduction of new hotels, backpackers’ hostels and serviced apartments. The lifting of the restrictions will last until May 2028. The EOI will close at 3pm on Aug 25. ## Chinese translation > Translation model: grok ### Hongkong Street相邻店屋一对求售4,200万新元 位于Hongkong Street 18及19号的相邻店屋，可分栋或合并出售。 位于Hongkong Street 18及19号的一对店屋已启动意向书（EOI）程序。据获委任营销代理莱坊新加坡（Knight Frank Singapore），这两处相邻商业物业可分栋或合并出售，合计要价4,200万新元。 Hongkong Street 18号为四层店屋，占地约1,884平方英尺，现有总楼面面积（GFA）约5,074平方英尺。该物业目前获准作旅舍用途，指导价1,450万新元，约合每平方英尺总楼面面积2,858新元。 Hongkong Street 19号同为四层商业物业，但带有六层后座扩建。地段面积约1,792平方英尺，总楼面约8,842平方英尺。指导价2,750万新元，约合每平方英尺楼面3,111新元。 延伸阅读：Hongkong Street的Hotel Clover求售2,700万新元；Hongkong Street商业楼挂牌价自2,260万新元起 Hongkong Street 19号曾进行耗资700万新元的资产提升计划（AEI），于2015年完成。AEI包括建筑升级、安装客用电梯，以及增设私人停车位。此外，莱坊补充，该店屋地契已补足至全新99年年期。 Hongkong Street 18及19号合计占地3,676平方英尺。按地段最高许可容积率4.2计算，潜在总楼面可达15,703平方英尺——高于两栋店屋现有合计楼面13,916平方英尺。 莱坊新加坡高级经理Dayna Ang指出，在相关当局批准下，这两栋店屋有潜力合并并改建为更大规模的住宿项目。 此举紧随URA近期对上圆形路部分地段的规划修订。6月5日，URA解除对上圆形路与Beach Road一带新增短住住宿的限制，为新酒店、背包客旅舍与服务式公寓铺路。限制解除将持续至2028年5月。 EOI将于8月25日下午3时截止。