Sago Lane, Chinatown, Central Region, Singapore
$28,000,000







HIGH GAIN POTENTIAL supported by strong fundamentals and master growth plans. 3.5 storey, Land, 1710 sf, Total floor space, 4383 sf HIGH INTRINSIC VALUE - Fixed supply of conservation shophouses in prime location - Freehold status - Full commercial zoning - No ownership restrictions - Flexible change of use between commercial and residential without ABSD - Wide commercial use for services, retail, offices and F&B - Excellent connectivity via public & private transport - Opens into green spaces at Duxton Plain Park - Sassy neighbourhood with private clubs and fine-dining restaurants - Capital Appreciation in D2 >10% per annum (URA: 2014 - 2024) - Well situated at entrance of Outram Park MRT Station, an exchange for 3 major lines - NEL, EWL, TEL - transit point with CBD - linkway to historic district - 2 way street with parking and public transport INCREASING FOOTFALL EXPECTED - Expansion of medical campus at Outram to be the largest in Singapore with world class facilities and social amenities - Additional 6,000 residential units, art enclave and green spaces planned for Pearl's Hill area across the road - Direct link to campus and Pearl's HIll via sheltered pedestrian walkway TAX SAVINGS - NO Sellers Stamp Duties (SSD) - NO Additional Buyer Stamp Duties (ABSD) - NO Goods & Services Tax (GST) - NO Capital Gain Tax (CGT) EXCLUSIVE AGENT - View to offer.
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