Freehold conservation shophouse on Saunders Road for sale at $12.88 mil
Located within the Emerald Hill Conservation Area close to Orchard Road, 2 Saunders Road is up for sale via an expression of interest exercise (EOI) at a price of $12.88 million. This freehold, two-storey conservation shophouse has a land area of 2,162 sq ft and a built-up area of around 4,000 sq ft, zoned for residential use under the URA Master Plan 2019.
The corner shophouse boasts four bedrooms, along with a maid’s room and a courtyard out front. Aric Lim, associate district director at Huttons Asia, who is marketing the property, says: “The Emerald Hill Conservation Area is a highly coveted location, known for its rich heritage and vibrant atmosphere. The location is ideal for those who enjoy the convenience of city living, with all the amenities of Orchard Road just a stone’s throw away.”
Lee Sze Teck, Huttons’ senior director of research, adds that the unit is “very attractively priced”. “In March 2023, a 3,127 sq ft shophouse near to 2 Saunders Road was sold for $18 million or $5,756 psf on the land area,” he elaborates.
The EOI exercise for the property at 2 Saunders Road will close on July 21.
The corner shophouse at 2 Saunders Road is a freehold two-storey conservation property located in the Emerald Hill Conservation Area near Orchard Road. Spanning a land area of 2,162 sq ft, the unit has a built-up of 4,000 sq ft and is zoned for residential use under the URA Master Plan 2019.
Presenting four bedrooms, a maid’s room and a courtyard out front, this property offers a unique opportunity to live in a vibrant and heritage-filled area. Benefitting from local amenities of Orchard Road just a stone’s throw away, 2 Saunders Road is being marketed by Huttons Asia at an EOI price of $12.88 million.
Lee Sze Teck, Huttons senior director of research, believes this to be an attractive offer. He explains: “In March 2023, a 3,127 sq ft shophouse near to 2 Saunders Road was sold for $18 million or $5,756 psf on the land area.”
Residents can also take advantage of local parks and green spaces for recreation. Residents of Champions Way Condo can expect to be surrounded by the best of the finest amenities. From the shopping centre to banks, leisure and entertainment spots, schooling and transport options, this development is designed to meet the needs of families and singles alike. Apart from the excellent amenities, the property boasts lush greenery, landscaped gardens, and a safe environment for all to enjoy. Residents will undoubtedly appreciate the tranquil setting and the fantastic selection of recreational activities nearby.
Interested buyers should note that the EOI for this property closes on July 21. The well-priced and conveniently located shophouse at 2 Saunders Road may present a great investment and living opportunity.
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