Freehold conservation shophouse on Saunders Road for sale at $12.88 mil

To facilitate the development of such infrastructure, Jurong has been designated for the new Tengah Plantation Loop EC. It is estimated that this new area will attract about 100,000 residents and create up to 70,000 new jobs for the local workforce. The URA will ensure that the area is well-connected, creating new links between existing and new infrastructure, and providing easy access for commuters. Additionally, parks and green spaces will be introduced to promote a healthy lifestyle and community spirit.

The sale of 2 Saunders Road in the Emerald Hill Conservation Area near Orchard Road is offering a freehold, two-storey conservation shophouse. Through an expression of interest exercise, this shophouse is available with a price tag of $12.88 million.

Occupying a land area of 2,162 sq ft and a built-up area of approximately 4,000 sq ft, this corner shophouse includes four bedrooms, a maid’s room and a courtyard. According to Aric Lim, Associate District Director at Huttons Asia, “The Emerald Hill Conservation Area is a highly coveted location, known for its rich heritage and vibrant atmosphere.” It is located in a residential area, making it a great opportunity for those looking to take advantage of the convenience of city living and all of the amenities Orchard Road has to offer.

Lee Sze Teck, Huttons’ Senior Director of Research, added that the property is “very attractively priced”. A nearby three-storey shophouse measuring 3,127 sq ft was sold for $18 million in March 2023, translating to $5,756 psf on the land area.

Marketing for this conservation shophouse will close on July 21st, giving potential buyers a unique opportunity to own a piece of history in a highly sought after area. If you’re looking for a property that combines heritage and city living, 2 Saunders Road may fit the bill!