Brilliance Capital Pte Ltd has announced the sale of a freehold conservation shophouse at 350/350A Tanjong Katong Road, Singapore, available through an Expression of Interest (EOI) process. Priced at $7.98m, this two-storey property with an attic presents a unique investment opportunity, especially as the Urban Redevelopment Authority (URA) has ceased granting new restaurant use approvals in the area.
The shophouse is fully tenanted, with the ground floor leased to a food and beverage (F&B) operator and the upper floors to a coliving operator, ensuring immediate rental income. The property’s strategic location in a vibrant heritage district, combined with its rare F&B-approved ground floor, enhances its investment appeal. The site is zoned for Residential with Commercial at 1st Storey under the URA Master Plan 2019, allowing for potential expansion up to four storeys, subject to approvals.
Sammi Lim, Founder and Executive Director of Brilliance Capital, highlighted the property’s appeal: “Freehold conservation shophouses in well-established lifestyle districts like Tanjong Katong are highly coveted. With its rare F&B-approved ground floor, immediate rental income, and future upside, this property is an exceptional investment.”
The EOI exercise closes on 16 May 2025. Brilliance Capital, known for its expertise in luxury real estate, is the exclusive marketing agent for this sale. The property’s location offers seamless connectivity to major lifestyle hubs and transport links, making it a prime asset for investors seeking long-term value growth in Singapore’s heritage real estate market.
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