425, 427 East Coast Road, 425 East Coast Road, Singapore, 429012
425, 427 East Coast Road, 425 East Coast Road,
Price On Application
Property for Sale
A Pair Of Conservation Freehold Shophouses With Value-Add Potential
Sitting on a rectangular plot with a site area of approx. 2,380 sq ft, the Property enjoys
approx. 10 metres of frontage along East Coast Road and has a depth of approx. 23
metres. By conserving the front façade of the shophouse, there is an option to increase
the floor area from the existing 3,960 sq ft to 7,140 sq ft by constructing a new rear
extension of up to 5 storeys.
As one of Singapore’s most iconic neighborhoods that is designated as the first “Heritage Town” in 2011, East Coast / Joo Chiat is characterized by a mix of colorful shophouses of Peranakan (Straitsborn people of Chinese and Malay/Indonesian heritage) heritage that house popular F&B shops, trendy bars and hipster cafes.
Much of the district’s charm comes from its historical heritage as a Peranakan enclave that has been beautifully retained, which juxtaposes a trendy vibe with restaurants, cool cafes and bars and hipster boutiques. The area is not only popular among locals and the nearby office crowd during daytime, it also transforms into a vibrant district by night time, frequented by after-work crowds, tourists and
residents. Some of the well-known F&B establishments at this bustling lifestyle destination include Madnest, Beach Road Prawn Mee Eating House, Penny University Artisanal Café and Al Forno (East Coast Road).
The Property is prominently located near to the junction of East Coast Road and Telok Kurau Road and falls within the Joo Chiat Conservation Area of high density commercial and residential developments. The immediate vicinity is home to a mix of old and new commercial businesses, conservation houses, hotels as well as numerous eateries, markets and shopping malls, which contributes to the bustling
area. By virtue of the seamless connectivity to the surrounding precincts, the Property is able to tap onto the residential catchment of Joo Chiat / East Coast residential enclaves, underpinned by a multitude of residents.
The Property is about 5 minutes’ drive to Eunos MRT (EW7) and Kembangan MRT (EW6) as well as future Marine Terrace MRT (TE27). It is also easily connected to other parts of the island via major arterial roads and expressways such as the East Coast Expressway (ECP), Pan Island Expressway (PIE) and Kallang-Paya Lebar Expressway (KPE), etc.