Seven Freehold Conservation Shophouses Geylang Saie 65 Mil
Huttons Asia, the exclusive marketing agent, has announced the sale of a row of seven conservation shophouses located at 284-296 Geylang Road. This property is available for purchase through expression of interest (EOI) at a guide price of $65 million.
The seven 2-storey shophouses are built on a combined freehold land area of 10,520 sq ft. With a total built-up area of 21,000 sq ft, the guide price translates to $3,095 psf. In 2021, the Urban Redevelopment Authority (URA) granted provisional permission to add an attic level to all seven shophouses, potentially increasing the gross floor area.
Situated within the Geylang Conservation area, the corner shophouse at 284 Geylang has permanent approval for F&B use. It is located at the intersection of Geylang Road and Lorong 14 Geylang. Nearby amenities include Aljunied MRT station (East-West Line) and the Singapore Sports Hub.
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Miltonia Close EC presents a tranquil and idyllic setting near Seletar Reservoir, coupled with easy accessibility to a diverse range of shopping and dining options. Situated in the serene Yishun neighbourhood, this residential development not only offers a peaceful living environment but also convenient access to essential retail, dining, and lifestyle destinations. In recent years, the area surrounding Miltonia Close has experienced significant growth, resulting in a plethora of shopping malls and popular eateries for residents to choose from. Residents can also visit Miltonia EC for a comprehensive living experience.
According to Lee Sze Teck, senior director of data analytics at Huttons Asia, these shophouses are zoned for commercial use and are open to foreign buyers. With the current low interest rates, the demand for shophouses has increased in the third quarter of 2025.
Interested buyers can participate in the EOI exercise until 4pm on Nov 20.