# Ground-floor strata commercial unit on Keong Saik Road for sale at $11 mil

- **Source:** EdgeProp Singapore
- **Published:** 2026-10-19T07:11:31.000Z
- **Author:** Atiqah Mokhtar
- **Original:** https://www.edgeprop.sg/property-news/ground-floor-strata-commercial-unit-keong-saik-road-sale-11-mil
- **Topics:** Commercial & Industrial, Government & Policy, Transactions & Deals

## Featured rationale

Its F&B approval and lower quantum than recent long-tenure Chinatown shophouse sales may widen investor and owner-occupier interest in prime conservation-area commercial space.

## AI summary

The 1,389 sq ft, 999-year leasehold restaurant unit at 6 Keong Saik Road is offered from $11 million, or $7,919 psf.

## Original article

A ground-floor strata commercial unit at 6 Keong Saik Road is being offered for sale through an expression of interest (EOI) exercise. The 999-year leasehold unit measuring 1,389 sq ft is priced from $11 million, or $7,919 psf.

The unit is approved for restaurant use, according to Steward Asia (a unit of PropNex), which is marketing the property. French restaurant Loulou formerly occupied the unit, but it has ceased operations and vacated the space.

The unit sits on the ground floor of a strata-titled three-storey shophouse. It last changed hands for $8.5 million ($6,121 psf) in September 2024, based on lodged caveats.

Read also: Binjai Park shop with 999-year leasehold tenure on the market for $4.4 mil

The latest Keong Saik Road commercial transaction was for a freehold shophouse that fetched $16 million in June, caveats show. Before that, Steward Asia had brokered the deal for another freehold shophouse at 3 Keong Saik Road for $22 million in May.

“At $11 million, 6 Keong Saik Road gives investors a 999-year lease on the same street, with F&B approval already in place to attract tenants and owner-occupiers,” said Raelyn Lee, Steward Asia’s listing manager.

Steward Asia co-founder Loyalle Chin added that no freehold or 999-year shophouse in the CBD and Chinatown has sold below $15 million since 2025.

The EOI will close at 3pm on Oct 30.

## Chinese translation

> Translation model: grok_cli

### 恭锡路底层分层商业单位以1100万新元求售

该单位面积1,389平方英尺，地契为999年，已获准作餐厅用途。

位于恭锡路6号的一个底层分层商业单位，正通过意向征集（EOI）方式发售。该999年地契单位面积为1,389平方英尺，定价从1100万新元起，即每平方英尺7,919新元。

负责营销该物业的Steward Asia（PropNex旗下单位）表示，该单位已获准作餐厅用途。法式餐厅Loulou此前占用该单位，但已停止营业并腾空。

该单位位于一栋分层地契三层店屋的底层。根据已提呈的产权警告（caveat），其上次转手是在2024年9月，成交价为850万新元（每平方英尺6,121新元）。

另请阅读：拥有999年地契的Binjai Park商店正以440万新元求售

产权警告显示，恭锡路最新一宗商业交易为一栋永久地契店屋，于6月以1600万新元成交。在此之前，Steward Asia于5月促成恭锡路3号另一栋永久地契店屋以2200万新元成交。

Steward Asia挂牌经理Raelyn Lee表示：“以1100万新元的价格，恭锡路6号让投资者获得同一条街上的999年地契，且餐饮用途批准已经到位，以吸引租户及自用业主。”

Steward Asia联合创始人Loyalle Chin补充说，自2025年以来，中央商务区（CBD）及牛车水没有任何永久地契或999年地契店屋以低于1500万新元成交。

意向征集将于10月30日下午3时截止。