Teck Chye Terrace Shophouses Autioned Off At S$14.63 million

Singapore Property News

A row of five adjoining freehold shophouses, with a land area of about 7,861 sq. ft. in Teck Chye Terrace, was sold for S$14.63 million, according to marketing agent Colliers International, without detailing more info about the buyer.

The five units have a total floor area of approximately 12,163 sq ft.

The first storey above these units have permanent approval for "shop" use. Each shophouse also come with a side staircase to access the upper storey.

The auction was conducted on Thursday 22 Jan. 2015. The final sales figure came in at $14.63 million which is $1.63 million above the indicative price of $13 million.