North Canal Road, Boat Quay, Central Region, Singapore
$45,000,000
D1 Core Commercial Asset • Located within the D1 Upper Circular Road conservation area • Main road frontage, directly facing Hong Lim Park • Rare full-building CBD commercial asset with open park views • Two adjoining 5-storey commercial shophouses • Lift access to all floors • Regular floor plates with rooftop terrace • Fully upgraded with comprehensive A&A works completed • Rear 5th-floor extension plus mezzanine optimisation • Updated M&E systems, offering a user experience close to a new commercial building • URA Master Plan 2019 • Zoning: Commercial • Plot ratio: 4.2 • Land area: approx. 3,208 sqft • Gross floor area (GFA): approx. 13,472 sqft • 99-year leasehold, lease topped up • Fresh term starting from 2024 • Commercial use • Eligible for ownership by foreigners / companies / family offices • Suitable for long-term asset allocation / corporate headquarters / capital preservation • Guide price: S$45 million • Approx. S$3,340 psf on GFA Location & Connectivity • Approx. 5 minutes’ walk to multiple MRT stations, including Clarke Quay, Raffles Place Interchange (East-West and North-South Lines), and Chinatown Interchange • Close to the Singapore River, Boat Quay, and Raffles Place • Prominent CBD position with direct park frontage facing Hong Lim Park Investment Rationale A rare combination of D1 core location, fresh 99-year lease, direct park frontage, commercial zoning, and full-building scale. This is a long-term CBD core commercial hold suited for asset preservation, strategic occupancy, or headquarters use, rather than an asset positioned purely for short-term high-yield play.
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