Category: Real Estate

Six-storey Boat Quay shophouse sold for $37 mil

A property located in the heart of the Central Business District (CBD) of Singapore has been sold for a record $37 million. Savills Singapore, who handled the deal, said the sale was a testament to how highly sought-after prime commercial shophouse properties are in the area.

The property, located at 52 Boat Quay, is a well-equipped six-storey shophouse. It has an estimated total built-up area of 6,446 sq ft, and sits on a 1,119 sq ft site. Based on records, the seller acquired the property back in 2018 for $21.35 million, meaning they have made a gain of $16 million.

The top two floors are occupied by an Italian restaurant while the ground floor is taken up by an Izakaya bar. The second and fourth floors house corporate office tenants.

Savills Singapore‚Äôs executive director of investment sales and capital markets, Yap Hui Yee, highlights that the shophouse was subject to …

Comparing The Good Food Locations in The West

The West Coast of the United States is known for its breathtaking natural beauty, and its vibrant culinary scene. From the seafood of Seattle to the Mexican cuisine of Southern California, the West Coast has something to offer to every palette. When it comes to finding good food, the West Coast offers a dizzying array of choices, and it can be overwhelming to choose the best places to eat. To make the decision easier, here is a comparison of some of the best food locations on the West Coast.

First up is Seattle, Washington. The city is known for its seafood, and it does not disappoint. From the Pike Place Market to the waterfront restaurants, Seattle has an abundance of fresh seafood to choose from. The city is also home to some of the best Asian restaurants in the country, which offer an eclectic mix of flavors from all over …