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Savills Singapore seeks potential buyers for 6 conservation shophouses

Savills Singapore commenced an expression of interest process for a portfolio of six conservation shophouses in the city's Chinatown with a S$141 million guide price, The Business Times reported, citing the exclusive marketing agent.

Four of the buildings, which have four stories each, are at 42, 43, 44 and 45 Mosque St. on a combined land area of approximately 8,804 square feet, with a gross floor area of about 34,238 square feet. They house restaurants, offices and apartments.

The other two adjoining properties at 54 and 56 Pagoda St. have three stories each, with a land area of 3,010 square feet and a total floor area of 9,226 square feet.

The period for the expression of interest for the portfolio is until March 5.

As of Jan. 15, US$1 was equivalent to S$1.35.