A freehold commercial shophouse at 42 South Bridge Road is on the market at a guide price of $33.4 million. The five-storey shophouse with attic has a total floor area of 6,430 sq ft, and the guide price translates to $5,194 psf. The sale of the property is marketed by CBRE, the exclusive marketing agent, and the shophouse will be sold in an Expression of Interest (EOI) exercise. The sale is open to foreigners and since it is a commercial property, no Additional Buyer’s Stamp Duty (ABSD) or Seller’s Stamp Duty (SSD) is payable on the transaction. The shophouse sits on a 1,612 sq ft site between Boat Quay and Clarke Quay. Nearby landmarks include The Riverwalk, Clarke Quay Central, Parkroyal Pickering Singapore, and the conservation shophouses along Boat Quay that face the Singapore River. This part of the Upper Circular Road Conservation Area has consistently attracted a diverse range of businesses over the years, such as restaurants and bars, boutique hotels, offices...