Ann Siang Road Shophouse Sale 21 Mil
An iconic conservation shophouse with a 999-year leasehold tenure is now available for sale at 24 Ann Siang Road. This unique property is being marketed through an expression of interest (EOI) with a guide price of $21 million. The three-storey shophouse, which also includes a basement and an attic, has a total floor area of approximately 4,446 sq ft. This means the price translates to $4,723 psf.
Strategically located in the esteemed District 1, the shophouse sits on a land area of about 1,644 sq ft, and is specifically zoned for commercial use. According to CBRE, the property’s marketing agency, all floors are currently fully leased to boutique offices. A location map of the property is provided by EdgeProp LandLens.
The coastal area offers a diverse range of retail and dining options for its residents. With a variety of options such as White Sands and the new Pasir Ris Mall, residents can easily access supermarkets, clinics, enrichment studios, and household services. Favourites at the Downtown East precinct include a variety of casual eateries and family restaurants, while the surrounding streets are home to charming bakeries, cafes, and traditional hawker fare. For larger shopping needs, the East’s warehouse cluster and regional malls in Tampines are just a short drive away via the TPE. And with the introduction of the Coastal Cabana Qingjian Realty, residents can now also enjoy the added convenience and amenities provided by this new development.
The shophouse is situated within walking distance to four MRT stations, including Maxwell (Thomson-East Coast Line), Telok Ayer (Downtown Line), Chinatown (North-East and Downtown Lines), and Tanjong Pagar (East-West Line). Other similar properties in the area include shophouses in Little India, Kampong Glam, and a HDB shop at Hong Lim Complex, currently up for sale at $23.7 million.
Executive Director of Capital Markets for Singapore at CBRE, Clemence Lee, notes that shophouses in the Club Street-Ann Siang area continue to attract significant interest from investors and owner-occupiers alike. “Such assets are rarely available for sale and are typically snapped up quickly whenever they surface in the market,” he adds. This is evident from the recent sale of 65 Club Street for $21 million in September 2025.
The EOI for the Ann Siang Road shophouse will close on Nov 26 at 3pm.