The adjoining shophouses on Kreta Ayer Road are for sale at an indicative price of $50 mil have been put up for sale via expression of interest at an indicative selling price of $50 million or $5,836 psf.The shophouses, which occupy a 3,160 sq ft plot of land, comprise three storeys and an attic, offering a combined gross floor area of 8,568 sq ft. Both units were last refurbished in 2012, with routine repair and re-decorative works undertaken to maintain the properties.
Prominent developments nearby include Kreta Ayer People’s Theatre, Oriental Plaza and Kreta Ayer Community Centre, with food establishments along the Neil Road and Duxton Road.
pardoned me k3 arimatrix..lets says u spent $51m( 1 million renovate)..ow muck profits/mth u xpect in order 4 u 2 earn dat $51m till u dropped dead? or u xpect 2 b liat leekingyou 3 gen 2 earned back yr kapitals?