Pair of ground-floor shops in Little India for sale at $9 mil
The offering may appeal to investors seeking F&B rental income and owner-occupiers prioritising scarce city-fringe commercial premises near Jalan Besar and Rochor MRT stations.
Two adjoining 999-year leasehold F&B-approved shops at 28 and 30 Dickson Road are offered at $9 million, or about $3,733 psf.
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A pair of adjoining shop units at 28 and 30 Dickson Road in Little India are up for sale via an expression of interest (EOI) exercise. The properties have a combined guide price of $9 million, which works out to about $3,733 psf based on their total floor area of 2,411 sq ft.
Both units are on the ground floor and approved for F&B use, according to ERA Singapore, the exclusive marketing agent. The properties are held on a 999-year leasehold tenure.
They have direct street frontage along Dickson Road and are situated in the Little India-Rochor precinct, which offers a range of dining, hospitality and retail amenities.
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The shops are within a three-minute walk from Jalan Besar and Rochor MRT stations.
“The two units may appeal to investors seeking stable rental income from F&B operators, as well as owner-occupiers looking to secure premises in a tightly held city-fringe commercial location,” said Donald Goh, director of capital markets and investment sales at ERA Singapore.
The EOI exercise will close on Nov 3 at 3pm.
Check out the latest listings for Little India properties