Two adjoining shophouses off Upper Thomson Road for sale at $10.5 mil
An opportunity to invest in a pair of freehold shophouses has been made available in Singapore with an EOI exercise for the properties located at 5 and 7 Jasmine Road, off Upper Thomson Road. The guide price for the two-storey shophouses set at $10.5 million, or $2,665 psf on the floor area.
The properties have a combined floor area of about 3,940 sq ft and a total site area of approximately 3,650 sq ft. As per the 2019 Master Plan, they are zoned for “residential with commercial at 1st storey” use and have a gross plot ratio of 3.0, with a building height control of up to four storeys.
The shophouses are conveniently located, around 50m away from Thomson Plaza shopping mall and adjecent to Adelphi Park Estate, a landed-housing enclave, with access via major roads and expressways such as Upper Thomson Road, Lornie Road, Thomson Road, Braddell Road, Marymount …