A three-storey conservation shophouse located at 76 Pagoda Street in vibrant Chinatown has been put up for sale through an expression of interest (EOI) exercise with a guide price of $16 million. The 99-year leasehold commercial property boasts a plot size of 1,372 sq ft and a gross floor area (GFA) of 3,500 sq ft, including an attic level. Based on the GFA, the guide price is around $4,571 psf.
According to Richard Tan, the founder of PropNex Shophouse Elites and the sole marketing agent for the property, the ground and second floors are currently leased to a restaurant operator, …