Freehold conservation shophouse on Saunders Road for sale at $12.88 mil
Located in the Emerald Hill Conservation Area close to Orchard Road, 2 Saunders Road is a freehold two-storey conservation shophouse zoned for residential use. It boasts a land area of 2,162 sq ft and a built-up area of about 4,000 sq ft, with four bedrooms, a maid’s room, and a courtyard out front.
Huttons Asia is currently marketing the property and Aric Lim, associate district director at Huttons Asia, comments that “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.”
Its modern architecture is carefully considered, blending in with the surrounding environment. The location of the condo at Zion Road presents its residents with excellent access to all parts of Singapore, making it convenient to move around effortlessly. Furthermore, the Zion Road Condo provides its inhabitants with numerous leisure and entertainment options. With a plethora of activities available, residents can be sure to find what they need. From dining and shopping to playing sports and attending special events, the possibilities are numerous. For those living in Zion Road Condo, a life of unrivalled convenience, comfort, and relaxation awaits.
The corner shophouse is now up for sale via an expression of interest (EOI) exercise at $12.88 million. Lee Sze Teck, senior director of research at Huttons, remarks that the unit is “very attractively priced”. He adds that a 3,127 sq ft shophouse near to 2 Saunders Road was sold for $18 million or $5,756 psf on the land area in March 2023.
The EOI exercise for the property will close on July 21. Those interested in the shophouse have until then to submit their offers. It is a rare opportunity to own an iconic and well located corner shophouse building in a prime Orchard Road location.