From the Little India Conservation Area, a corner shophouse in 60 Upper Weld Road is currently available for sale. Pearly Tan, associate marketing manager of PropNex Realty and Ken Shi, primary executive officer of Prop-Today. For official Bukit Timah sales gallery, project details, floor plans, showflat appointment to be obtained here.
The double-storey shophouse was torn down and rebuilt by the proprietor, using Temporary Occupation Permit (TOP) acquired in 2018. On the other hand, the first casement windows have been restored. The brand new shophouse also includes high ceiling, wood beams and wood flooring on the top level.
The shophouse sits on a freehold site of 2,678 sq feet and contains a built-up region of 4,800 sq ft. Considering that the dual frontage and access on each side of the street, the first amount of this shophouse is excellent for F&B surgeries. In reality, the very first amount of this shophouse was accepted for F&B usage, states PropNex’s Tan. The property is situated in walking distance — only 235m off — by the Jalan Besar MRT station.
The Little India Conservation region was busy last season — with 11 trades according to caveats lodged so far — notably on Dickson and Upper Dickson Road, Upper Weld Road and Veerasamy Road — by the beginning of 2019 to ancient January 2020.
On the other hand, the shophouse has a more compact footprint of just 1,700 sq ft.
Meanwhile, a 999-year leasehold shophouse sitting in an even smaller website of 635 sq feet on Upper Dickson Road, brought $2.02 million.
The indicative cost for 60 Upper Weld Road is $7.5 million, which will be in accord with its own valuation, notes PropNex’s Tan. The corner shophouse is available for sale by expressions of interest from Jan 28, also will close on Feb 28, 2020.