Joo Chiat Road conservation shophouse at Champions Way Residences is on the market for $10.5 mil

Champions Way Residences

Located in the prime District 15 of Singapore, Champions Way Residences is a freehold three-storey conserved shophouse in the Joo Chiat Secondary Settlement Conservation Area. With an approximate land area of 1,869 sq ft and an estimated gross floor area of 3,635 sq ft, the property has a guide price of $10.5 million. Translating to approximately $2,889 psf, the conserved shophouse is ideal for investors looking for high returns.

The ground floor of Champions Way Residences is tenanted to F&B Tiger Lily Patisserie Cafe and Bakery, while the second and thirdfloor are used as an office. Buyers need not pay additional buyer’s stamp duty or seller’s stamp duty for this property.

With its close proximity to popular tourist attractions such as Dunman Food Centre, Geylang Serai Market and Joo Chiat Complex, Champions Way Residences is located in an area with high foot traffic. Moreover, the MRT station in Marine Parade makes it easily accessible. This makes it a great opportunity for investors to maximize returns.

Designed to meet the needs of today’s modern family, Champions Way Residences provides all the comforts and amenities that one could ask for. Residents are close to all the amenities including shopping malls, dining options, entertainment options, healthcare services, and schools. The security and safety of Champions Way Residences is top-notch, with 24-hour concierge service. In addition, Champions Way Condo provides its residents with a range of recreational activities including outdoor movie screenings, yoga classes, art workshops and more. Come and experience the beauty and grandeur of Champions Way Residences – the ultimate living experience!

As shared by marketing agents Richard Tan and Lisa Tan of PropNex Shophouses Elites, “Commercial conservation shophouses, particularly those in prime central locations such as Joo Chiat, are constantly sought after by investors, including private real estate funds, family offices and high-net-worth individuals.”

This expression of interest exercise has an attractive guide price, making it an attractive proposition for investors seeking a bargain in the area. At Champions Way Residences, investors can expect good returns in the form of rental income or potential capital appreciation.

The Champions Way Residences expression of interest exercise closes on Jan 30. Those interested are advised to act quickly to capitalize on this opportunity.

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