Today, PropertyLimBrothers is in coveted District 9, River Valley, to showcase this rare property that’s rich in history and heritage! Standing on 1,887 sqft of freehold land is this 3,700 sq ft (built-up), 2-bed, 2-bath, grand conservation shophouse! Sit back as Melvin Lim takes you into the depths of this home and why it would be a great addition to the savvy real estate investor’s portfolio.
This shophouse is a copious one, with lots of allowance for creativity to flow. Halo-like lighting combined with large windows make a well-ventilated and naturally lit home, while still retaining the warmth and cosiness only a shophouse of the early days can offer. Additionally, the previous owners have already done up the bathrooms on the first and second levels, ready for its new occupants to move right in.
This conservation shophouse makes an ideal investment in comparison to other residential properties surrounding the area. In comparison, a semi-detached home in the same district currently sits at a range of $10m and upwards, making it almost impossible to get any home in the low quantum range. The asking price of $8m for a conservation, residential shophouse therefore makes it a good hybrid purchase for investors.
