A three-storey freehold shophouse with attic at 63 Club Street is up for sale at a guide price of $21 million. Based on the total floor area of 5,446 sq ft, this works out to around $3,855 psf.
The shophouse sits atop the prestigious Ann Siang Hill cul-de-sac — the historical birthplace of the Club Street name. Situated on a land measuring 1,937 sq ft, the property is currently fully tenanted across all storeys, according to sole marketing agent Steward Asia, a team under PropNex.
Zoned for “Commercial” use under the Urban Redevelopment Authority’s (URA) Master Plan 2025, corporate entities and foreigners are eligible to purchase the property. Additional buyer stamp duty (ABSD) and seller’s stamp duty (SSD) are not applicable.
Across 63 Club Street is the Chinese Weekly Entertainment Club at 76 Club Street, a private millionaire’s club with a history dating back to the 1890s. Originally called the Chwee Lan Teng Club, it was the very first clubhouse to be built in the Ann Siang Hill precinct.
Prominent neighbours include Dalio Family Office (44, 46 Club Street) and John Lim’s JL Family Office (64 Club Street). In addition, Union House at 51 Club Street was purchased by Zhang Nie, the former Singapore head of Chinese oil trader Unipec, according to Steward Asia.
“With commercial financing costs easing below 1.7% p.a., scarce freehold CBD assets are becoming increasingly compelling for long-term private capital,” says Loyalle Chin, co-founder of Steward Asia.
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Tio Hwa San, senior associate director at PropNex, adds: “As CBD office supply tightens and Grade-A rents rise, 63 Club Street offers family offices and established business owners a rare opportunity to own a freehold, fully commercial address in the historic Ann Siang Hill cul-de-sac. This makes it compelling for those seeking a private city-centre headquarters with permanence and prestige.”
The expression of interest exercise for the property will close at 3pm on June 26.
