Knight Frank Singapore is very happy to give a freehold, two-storey terrace home with loft at 141 Neil Road for sale through Expression of Interest (EOI) to get S$4.8 million.
Located inside the Residential Historic District of this Blair Plain Conservation Area, the family sits within an exclusive locale full of varied facades, rich ornamentation and distinctive architectural designs. The District 2 home is a member of a compact bunch of two-and three-storey shophouses and residential patio homes, designed throughout the Early, Transitional, Late Shophouse and Art Deco Styles. The strictest type of construction conservation is practised within this district.
Located to the west of the Downtown Center, the residential shophouse is available via Outram Park MRT station on the East-West Line, in Addition to the forthcoming Cantonment MRT station on the Circle Line.
The shophouse has a land area of roughly 3,193 sq feet and gross floor space of roughly 4,813 sq feet, and comes with vacant possession.
Ms Mary Sai, Executive Director of Investment and Capital Markets, Knight Frank Singapore, remarks,”There’s been a dearth of these residential heritage homes in the CBD fringe place for sale, since these are likened collector’s stone that are extremely much sought after.
“Completely refurbished heritage terrace homes in the Cairnhill area are calling for over S$10 million each construction, based upon the property and floor locations. At nearby Blair Road, refurbished legacy homes with a land size of roughly 1,500 sq feet are requesting for S$5.5 million.
“There are those who prefer to get conservation homes in their original state since they may be revived into aesthetically pleasing dream houses, as long as they fall inside URA’s conservation guidelines. Moreover, the Neil Road house is situated just about 500 metres from the future Greater Southern Waterfront.”
The residential shophouse in Neil Road is provided by precisely the exact same trust that set a portfolio of 3 industrial shophouses for sale a week — in 151 Telok Ayer Street, 14 Stanley Street and 8 Smith Street.