Two freehold shophouses located at 5 and 7 Jasmine Road, off Upper Thomson Road, are up for sale via Expression of Interest (EOI) at an attractive guideprice of $10.5 million. Thats approximately $2,665 per square foot of floor area.
The properties feature two-stories with a total site area of 3,650 sq ft and an existing combined floor area of 3,940 sq ft.
The property has been zoned for “residential with commercial at 1st storey” use with a gross plot ratio of 3.0 and building height control of four storeys under the 2019 Master Plan.
Adjacent to the properties is Adelphi Park Estate, a landed-housing enclave. Transport is no issue with easy access to major roads, expressways including Upper Thomson Road, Marymount Road, Lornie Road, Braddell Road and the Pan Island Expressway. The shophouses are also in close proximity to Upper Thomson MRT Station, which is a minute’s walk away, and …