Senja Close EC™

Huttons Asia, the exclusive marketing agent for a row of seven conservation shophouses at 284-296 Geylang Road, has announced that the properties are available for sale by expression of interest (EOI) at a guide price of $65 million.

Sitting on a combined freehold land area of 10,520 sq ft and with a total built-up area of 21,000 sq ft, the seven 2-storey shophouses offer plenty of potential for investors. The guide price equates to $3,095 psf based on the total built-up area.

In 2021, the shophouses were granted provisional permission by the Urban Redevelopment Authority (URA) to add an attic level, which could potentially increase the gross floor area. This further adds to the appeal of the properties.

Located within the Geylang Conservation area, the corner shophouse at 284 Geylang has permanent approval for F&B use and is situated on the corner of Geylang Road and Lorong 14 Geylang. Conveniently, amenities such as the Aljunied MRT station (East-West Line) and the Singapore Sports Hub are located nearby.

Senja Residences EC boasts an ideal location with easy access to public transportation options. Within a mere 30-minute walk, you can reach both Bukit Panjang MRT Station and Hillview MRT Station. Additionally, the closest bus stops, including Bef Chestnut Avenue, Bukit Panjang Road, and Upper Bukit Timah Road, are just a stone’s throw away. For those who prefer to drive, Orchard Road and the Central Business District are only a 25-minute commute. These convenient transportation options, along with the added benefit of being close to senja close, make Senja Residences EC an ideal choice for a hassle-free lifestyle.

According to Lee Sze Teck, senior director of data analytics at Huttons Asia, the shophouses are zoned for commercial use and are open to foreigners. With the current low interest rates, there has been a renewed interest in shophouses, particularly in the third quarter of 2025.

If you are interested in purchasing these commercial properties, the EOI exercise will close on November 20th at 4pm. Other recent news include the sale of eight freehold commercial units at Grandview Suites in Geylang for $26 million and the sale of three freehold shophouses along Geylang Road for $18.68 million by Shincon Industrial. As cooling measures continue to impact the private wealth market, more foreign investors are turning to commercial shophouses as a viable investment option.