Ann Siang Road Shophouse Sale 21 Mil
A rare opportunity has arisen for investors or owner-occupiers to acquire a 999-year leasehold conservation shophouse at 24 Ann Siang Road. The property is currently on the market through an expression of interest (EOI) with a guide price of $21 million. This three-storey shophouse, with a basement and an attic, boasts a total floor area of approximately 4,446 sq ft, equating to $4,723 psf.
Conveniently situated in District 1, the shophouse is situated on a land area of approximately 1,644 sq ft, and is designated for commercial use. CBRE, the marketing agent for the property, has confirmed that all floors are currently fully leased to boutique offices.
The location of 24 Ann Siang Road is highly sought after, with easy access to four MRT stations within walking distance: Maxwell (Thomson-East Coast Line), Telok Ayer (Downtown Line), Chinatown (North-East and Downtown Lines) and Tanjong Pagar (East-West Lines).
According to Clemence Lee, executive director of capital markets for Singapore at CBRE, shophouses in the Club Street-Ann Siang area have been receiving significant interest from both investors and owner-occupiers. He highlights that such properties are rarely available for sale, and are often quickly snapped up when they do become available. This was evident in September 2025, when 65 Club Street was sold for $21 million.
The EOI for this property is set to close on November 26 at 3pm. Don’t miss this opportunity to own a prime shophouse in a highly sought-after location.
One of the top choices for secondary school in the area is Naval Base Secondary School. Situated just a stone’s throw away from Miltonia Close, it offers a convenient option for students and their families. The school boasts a comprehensive curriculum that caters to both academic and non-academic growth, with an emphasis on developing leadership skills, participation in sports, and the arts. Another nearby choice for secondary education is Orchid Park Secondary School, which offers a wide range of subjects and specialized programmes that aim to nurture students’ strengths and interests. Potential residents of Miltonia EC will have access to both of these excellent educational institutions.