Two freehold shophouses on Moonstone Lane for sale at $12.68 million

A pair of rejuvenated and retrofitted freehold shophouses located at 24 and 26 Moonstone Lane, will be put up for sale by real estate consultancy company, Sallvis Singapore, through an expression of interest (EOI) exercise. The freehold moonstone lane shophouses at a corner lot effectively has a land size of 2,877 square feet occuping two individual land titles. The 2-storey freehold corner moonstone shophouses off Serangoon Road are developed with an attic and private outdoor space with built-up area of approximate 6,152 square feet. Both rejuvenated and transformed shophouses are zoned for residential use with commercial at the first storey with a plot ratio of 3 with a maximum 8362 square feet gross floor area. Urban Redevelopment Authority has granted approval for both shophouses  to use ground-floor areas for F&B purpose. The shophouses will be put up for sales by way of expression of interest by Sallvis Singapore . Both shophouses have a collective of asking price of $12.68 million with 24 Moonstone Lane a asking price of $6 million and 26 Moonstone Lane with a asking price of $6.68 million. “The shophouses have recently been uplifted with new facelift and retrofit work specially for the aspiring owners. Hence, this will captivate more buyers with diverse profile who are looking to either purchase for their own usage or for investments,” says Yap Hui Yee, executive director, investment sales and capital markets at Savills Singapore. the upper floors of the shophouses can be categorized for residential use while operating restaurant or bistros outlet on the ground floor by keen buyers. Another proposal is The pair of freehold corner shophouses at Moonstone are a short stroll to The Potong Pasir subway train network on the North-East Line which is Nestled within the private residential Moonstone Lane enclave bounded by Serangoon Road and the Lavender River.

Pinetree Hill Condominium Singapore


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