As the property market continues to attract interest, three residential properties in District 8 have emerged for sale, collectively priced at $21.18 million. This offering presents a diverse range of options for potential buyers, who can choose to purchase the properties individually or as a combined investment.
The properties’ unique characteristics and strategic locations contribute to their appeal, particularly in a vibrant district known for its mix of residential, commercial, and cultural offerings.
The first property, located at 28 Roberts Lane, is a six-storey building boasting a gross floor area of approximately 8,522 square feet. Priced at $14 million, this property reflects a valuation of $1,642 per square foot. The size and layout of the building suggest potential for various uses, including residential living or even repurposing into commercial space, depending on the buyer’s vision.
Its height allows for expansive views of the surrounding area, which may be attractive to those looking to create a unique living environment or investment opportunity.
Meanwhile, the second property at 32 Roberts Lane is a two-storey conservation shophouse with an attic space. This property is fully tenanted, generating immediate rental income, and is listed at $5.5 million, which translates to roughly $2,500 per square foot based on a gross area of 2,200 square feet.
The conservation status of the shophouse indicates its historical significance and architectural charm, making it a desirable asset for those interested in heritage properties. Its current tenancies also present a ready-made cash flow, appealing to investors looking for a more passive investment strategy.
The third offering is a four-bedroom walk-up flat situated at Upper Weld Road, priced at $1.68 million. With a floor area of 1,378 square feet, this flat presents a valuation of $1,219 per square foot. The flat is suited for families or individuals seeking a spacious living arrangement in a central location.
Its walk-up nature may also attract those looking for a more traditional living experience, distinct from high-rise condominiums that dominate the urban landscape.
The expression of interest (EOI) exercise for these properties is set to close on May 29 at 3 pm, as marketed by Knight Frank Singapore. As the deadline approaches, prospective buyers are likely evaluating the investment potential of each property.
The combination of location, unique building characteristics, and the opportunity for immediate returns makes these listings particularly compelling in a competitive market.
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News Source: Edgeprop
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