Three adjoining shophouses along River Valley Road are available at a guide price of $21.9 million, or $2,500 psf dependent on the built-up region of 8,778 sq ft.The shophouses, in 262, 264 and 266 River Valley Road, occupy a land area of 3,702 sq feet, and are situated on a corner plot with a 18m-wide frontage.
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Underneath URA’s Master Plan 2019, the shophouses are zoned under”Residential with Commercial in 1st Storey”, using a plot ratio of 2.8, also possess an allowable building height up to four storeys. The 3 shophouses, each having individual property titles, could be bought individually, based on Edmund Tie, which will be promoting the properties.
The shophouses are a four-minute wander from Fort Canning MRT Station on the Downtown Line. They’re Also within walking distance to Dhoby Ghaut MRT Interchange Station and Somerset MRT Station.
The expression of interest exercise for those possessions will shut on Dec 2, in 3pm.