The Jalan Besar conservation shophouses, located at 209, 211, and 213 Jalan Besar, present a unique investment opportunity in a rapidly evolving neighborhood. Listed at an attractive price of $42 million, these shophouses encompass a total land area of 5,646 square feet and a combined floor area of 14,262 square feet, translating to approximately $2,945 per square foot. This pricing reflects the growing demand for commercial properties in the area, driven by the ongoing transformation of Jalan Besar into a vibrant hub that attracts both local and international interest.
The shophouse at 209 Jalan Besar is a three-storey corner unit that boasts a mezzanine. Its first two floors have received restaurant approval, making it well-suited for food and beverage ventures, while the upper levels are designated for office use. This dual functionality provides flexibility for potential investors, who can capitalize on the bustling dining scene in the vicinity while also catering to the demand for office space. The strategic location further enhances its appeal, situated in a neighborhood becoming known for trendy cafes and boutique hotels.
Next door, 211 Jalan Besar features a two-storey shophouse with a retail shop occupying the first floor. The remaining floors are utilized as office spaces, creating a balanced mix of retail and commercial activities. This arrangement is particularly advantageous, as it allows for a steady stream of foot traffic from customers seeking goods and services while providing workspace for professionals. The presence of established businesses nearby contributes to a thriving commercial environment, which is essential for sustained growth and profitability.
The third shophouse, located at 213 Jalan Besar, is also a two-storey property with a unique offering. The ground floor is temporarily approved for massage and spa use until January 2027, adding a wellness aspect to the property that can attract a diverse clientele. Like its neighboring shophouses, the upper floors are leased for office purposes, ensuring a consistent income stream for its owners. The combination of health and wellness services alongside office spaces speaks to the increasing demand for diversified lifestyle options within urban settings.
These properties are situated in the Desker Road conservation area, which has become a focal point of interest as it undergoes significant regeneration. The neighborhood is not only embracing its historical charm but is also adapting to modern trends, making it an attractive locale for both investors and entrepreneurs. The revitalization efforts are expected to enhance the area’s appeal further, contributing to rising property values and demand.
As Jalan Besar continues to evolve, the conservation shophouses at 209, 211, and 213 offer a compelling investment proposition. With their prime locations, versatile usage options, and the influx of new businesses and residents, these properties hold the potential for substantial returns, making them a notable consideration for investors looking to capitalize on the transformation of this dynamic neighborhood.
NEW CONDO LAUNCH: SOPHIA MEADOW
Sophia Meadow is a new condominium launch designed to meet the growing demand for urban living near key amenities.
With a variety of unit types, the Sophia Meadow Project Information highlights modern amenities and strategic location near MRT stations and retail hubs.
The anticipated completion aligns with over 3,000 new homes in the area, making it a prime investment opportunity.
Potential buyers can explore the Sophia Meadow Floor Plan and pricing strategies that reflect current market trends.
View Sophia Meadow Condo Showflat & Get VVIP Discount. Register or contact 6100 8822 to book showflat appointment.
News Source: Edgeprop
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