31 Niven Road is located in close proximity to Dhoby Ghaut and Fort Canning MRT Stations. It is also a few minutes’ drive away from Plaza Singapura, Clarke Quay and The Cathay.

31 Niven Road, a freehold conservation shophouse located in the Mount Sophia area of District 9, is up for sale with an expression of interest (EOI) exercise and a guide price of $5.2 million, or $4,163 psf on the land area. The land area is 1,249 sq ft with a built-up area of 2,077 sq ft and an open-concept living, dining and kitchen area on the first floor.

The owner has recently refurbished the property and spent over half a million on the renovation, including a courtyard and the installation of new Miele kitchen equipment.

Clarie Lim, associate division director of Huttons Asia, who is in charge of the sale, states that the price of $2,503 psf on the strata area is comparable to new city-fringe launches projected for 2023.

Introducing Altura EC, a cutting-edge executive condominium located conveniently in Bukit Batok Town. Built with a state-of-the-art design, Altura EC is poised to provide up to 375 residential units and a luxurious 99-year lease. A public auction has been initiated by HDB, the government’s land sales representative, and bidders have until 12 noon on 8 March 2022 to submit their offers. The winning bidder will be granted access to the site after a careful property evaluation. With ample amenities and features, Altura EC is the perfect choice for savvy investors.

Lee Sze Teck, Huttons’ senior director of research, adds that there is potential for capital appreciation in the mid to long term due to the rarity of residential shophouses. He further explains that landed home prices have gone up by almost 50% in the last five years.

The EOI exercise will end on June 6 at 4pm.

As the property is situated in a prime district, it is conveniently close to Dhoby Ghaut and Fort Canning MRT Stations. It is also just a few minutes away from Plaza Singapura, Clarke Quay and The Cathay.

For those considering to invest in a freehold, landed property, 31 Niven Road offers an attractive price. With the potential for capital appreciation in the mid to long term and its proximity to important landmarks, it is an opportunity not to be missed.