# Three adjoining freehold shophouses on North Bridge Road up for sale from $30 mil

- **Source:** EdgeProp Singapore
- **Published:** 2026-09-29T11:38:47.000Z
- **Author:** Atiqah Mokhtar
- **Original:** https://www.edgeprop.sg/property-news/three-adjoining-freehold-shophouses-north-bridge-road-sale-30-mil
- **Topics:** Private Residential, Commercial & Industrial, Government & Policy

## Featured rationale

Their approved F&B uses and potential repositioning, alongside up to 4,000 planned Kampong Bugis homes, could support future footfall and rental demand.

## AI summary

Three adjoining freehold conservation shophouses at 742, 744 and 746 North Bridge Road are offered from $30 million, equivalent to $4,000 psf.

## Original article

A trio of adjoining freehold conservation houses at 742, 744 and 746 North Bridge Road are up for sale through an expression of interest (EOI) exercise. The properties have a combined price starting from $30 million, or $4,000 psf on their total built-up area of about 7,500 sq ft.

The shophouses occupy commercial land totalling 3,734 sq ft, with a street frontage spanning 34 metres.

The ground floor of the shophouse at 742 North Bridge Road, which is a corner property, is approved for restaurant use, while the ground floors of the other two shophouses are approved for F&B takeaway. The properties' upper floors are leased to residential occupants, according to exclusive marketing agent Steward Asia (a team under PropNex).

Read also: Townshend Road shophouse cluster up for sale at $60 mil

Located in the historic Kampong Glam area, the properties are close to Haji Lane and Arab Street. They are also within walking distance of Bugis MRT Interchange (East-West and Downtown lines).

Buyers could explore repositioning the shophouses as a boutique hotel, serviced apartments, or a premium hostel, subject to approval from authorities. “Amalgamated ownership across three land parcels provides efficient layout configurations, and versatile options for long-term asset repositioning,” added Alvin Tan, team lead at Steward Asia.

Meanwhile, URA’s plans for up to 4,000 new private homes in the nearby Kampong Bugis precinct will bring “a new wave of affluent homeowners to Kampong Glam’s doorstep,” said Loyalle Chin, co-founder of Steward Asia. "For these shophouses, that means a larger resident catchment, stronger footfall and resilient rental demand.”

In April, a Government Land Sale site at Kallang Close was awarded to a Frasers Property and Mitsubishi Estate joint venture at $1,415 psf per plot ratio. The site, which can yield around 470 homes, was the first GLS site launched in the Kampong Bugis-Boon Keng-Kallang Bahru precinct in 12 years.

The EOI will close at 3pm on Oct 30.

## Chinese translation

> Translation model: grok_cli

### 桥北路三栋相连永久地契店屋以3000万新元起售

这些店屋的地面层已获批作餐厅及餐饮外卖用途。

位于桥北路742、744及746号的三栋相连永久地契保育房屋，正通过意向书（EOI）方式出售。这些物业合计起价3000万新元，按其约7,500平方英尺的总建筑面积计算，相当于每平方英尺4,000新元。

这些店屋占用共计3,734平方英尺的商业用地，临街面宽达34米。

桥北路742号店屋是一栋转角物业，其地面层获批作餐厅用途，另外两栋店屋的地面层则获批作餐饮外卖用途。据独家营销代理Steward Asia（PropNex旗下团队）称，这些物业的上层租给住宅住户。

延伸阅读：Townshend Road店屋群以6000万新元出售

这些物业位于历史悠久的甘榜格南地区，邻近哈芝巷及阿拉伯街，亦处于武吉士地铁转换站（东西线及滨海市区线）的步行距离之内。

买家可探讨将店屋重新定位为精品酒店、服务式公寓或高端旅舍，惟须获当局批准。Steward Asia团队负责人Alvin Tan补充道：“横跨三个地段的合并所有权可带来高效的布局配置，并为长期资产重新定位提供灵活选择。”

与此同时，市区重建局（URA）计划在附近的甘榜武吉士区域兴建最多4,000个新私宅，这将“把新一波富裕屋主带到甘榜格南的家门口”，Steward Asia联合创始人Loyalle Chin说。“对这些店屋而言，这意味着更大的居民腹地、更强的人流，以及更具韧性的租赁需求。”

4月，加冷径（Kallang Close）一幅政府售地计划地段，以每平方英尺容积率1,415新元批给星狮地产（Frasers Property）与三菱地所（Mitsubishi Estate）合资企业。该地段可建约470个住宅，是12年来在甘榜武吉士—文庆—加冷巴鲁区域推出的首幅政府售地计划地段。

意向书征集将于10月30日下午3时截止。