SINGAPORE – Private equity-owned Columbia Real Estate is offering three restored adjoining conservation shophouses for sale.
The three shophouses are freehold properties located at 8, 10 and 12 Aliwal Street. They have been zoned “commercial” and have been approved for use as a boarding house with a hotel licence.
The shophouses occupy a prime location in the Kampong Glam precinct and are situated just 350m from the Nicoll Highway MRT station and 700m from the Bugis MRT Station.
The properties are now leased out to a boutique inn operator that offers tourist accommodation.
The guide price for the purchase of the three properties is $29.5 million.
Foreigners are eligible to purchase the properties with no additional buyer’s stamp duty or seller’s stamp duty payable on the purchase.
The properties will be marketed through an expression of interest exercise which closes on Nov 30 at 3pm.
“Source:[Three adjoining conservation shophouses in Kampong Glam on the market] © Singapore Press Holdings Limited. Permission required for reproduction”
Let’s Discuss Your Property Plans
Interested in This Property?
Buying, selling or renting? Get a free consultation with realtors with a background in interior and lighting design. We’ll discuss your goals and help you assess your options—from pricing and timelines to layout practicality and space potential.
Share your contact details below, and we will get in touch to understand your needs and suggest the next steps. No pressure. No obligation to proceed.