Type

Units

Min Area

Price Range

Other

2000 sqft

S$13.1M

Property Highlights

Commercial development with 1 unit currently available.
Prices currently start from S$13.1M.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$2.6M on this acquisition.
Located 3 min (230 m) from DT18 Telok Ayer MRT Station.

Price Trends & Rental Yield

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Distinctive Food & Beverage Property at Club Street, Singapore

Club Street stands as Singapore's premier destination for culinary excellence, eclectic nightlife, and sophisticated leisure experiences. This particular food and beverage offering represents a rare commercial opportunity within one of the Central Business District's most sought-after addresses. Positioned along a street renowned for its cosmopolitan atmosphere and high-calibre dining establishments, the property commands exceptional visibility and customer draw from both established patrons and international visitors.

The multilevel configuration of this F&B concept provides operators and investors with considerable flexibility in how space is allocated and utilised. With a generous 2,000 square feet of built area distributed across multiple trading levels, the property accommodates diverse operational models, from intimate fine-dining environments on upper floors to vibrant bar or casual dining concepts at street level. This vertical integration of space is a hallmark of Club Street's most successful hospitality ventures, allowing proprietors to capture different market segments and revenue streams under a single roof.

Location Excellence and Connectivity

The property's proximity to Telok Ayer MRT Station (DT18) at just 230 metres represents a significant competitive advantage. Rapid transit connectivity translates directly into convenience for both customers arriving from across the island and staff commuting daily. The Downtown Line connection provides seamless access to key employment and residential clusters throughout Singapore, reinforcing the constant flow of foot traffic during lunch, evening, and weekend service periods. This accessibility has proven instrumental in sustaining the commercial viability of Club Street establishments over successive decades.

Beyond public transport, the location benefits from dense urban concentration. Surrounding office towers house thousands of professionals seeking quality dining options, while nearby residential areas contribute a steady stream of evening and weekend clientele. The junction of heritage conservation and cosmopolitan development creates a distinctive trading environment where established institutions operate alongside contemporary concepts, all competing for market share within a compact, high-density geography.

Commercial Appeal and Investment Potential

Acquisition of an F&B property in this location appeals to several buyer categories. Established hospitality operators expanding their portfolios recognise Club Street as a destination where well-executed concepts command premium pricing power. Property investors seeking commercial real estate exposure view F&B assets in central locations as hedges against residential market volatility, particularly when licensed establishments demonstrate consistent customer retention and revenue generation. Owner-operators and experienced restaurateurs see Club Street as a platform to elevate their culinary credentials and brand visibility to an affluent, discerning audience.

The property's asking price of S$13.1 million reflects the commercial intensity and trading desirability of Club Street itself. Unlike typical industrial or suburban commercial properties, F&B assets in the CBD command premium valuations based on customer density, catchment demographics, and historical trading performance of comparable establishments. Buyers typically evaluate such properties against the revenue potential of existing or projected tenant operations, rather than purely on a cost-per-square-foot basis common in other commercial sectors.

Operational Considerations and F&B Sector Dynamics

The multilevel design inherent to Club Street hospitality venues has enabled some of Singapore's most resilient food and beverage businesses to thrive through changing consumer preferences and economic cycles. Ground-floor premises capture the immediate street-level market, whilst upper levels serve clients seeking quieter, more intimate settings or private function capacity. This spatial distribution reduces dependence on any single revenue stream and provides natural segmentation for different service models simultaneously.

Operators within this market benefit from established supply chains, neighbouring complementary businesses, and shared infrastructure that supports high-volume, high-turnover service models. The street's reputation for quality attracts premium-paying customers, enabling proprietors to maintain margins despite elevated rental costs and operational expenses typical of central business district locations. Successive generations of successful F&B operators have validated that Club Street remains a profitable destination for well-conceived and professionally managed concepts.

Market Context and Asset Characteristics

Commercial properties in Singapore's core CBD have demonstrated resilience as long-term holdings, particularly assets in established precincts with sustained patronage like Club Street. The property represents a tangible, income-generating asset that can appreciate alongside broader CBD property revaluation whilst generating revenue through tenant operations or owner-operator use. Unlike speculative development-stage projects, this offering provides immediate utility and operational potential.

The 2,000 square foot footprint positions this property within the mid-range of Club Street's operational typology—substantial enough for multi-concept operations, yet compact enough to manage efficiently and maintain the intimate character that defines the street's appeal. This sizing has historically proven optimal for sustaining service quality whilst maximising revenue per available square foot.

Prospective acquisitions of F&B real estate within this category typically require buyers to evaluate site conditions, existing fixtures, kitchen infrastructure, and licensing status in addition to pure real estate metrics. The multilevel nature of the property suggests established infrastructure for food preparation, service, and customer experience—assets that carry substantial replacement value and operational significance beyond mere land and building components.

Strategic Positioning for Future Value

Club Street's positioning within Singapore's CBD ensures continued relevance as a hospitality and leisure destination. Ongoing urban renewal, MRT connectivity enhancements, and sustained corporate demand within the surrounding business district underpin the long-term viability of food and beverage venues in this location. Properties that successfully adapt to evolving consumer preferences—from traditional fine dining through to contemporary casual concepts—have demonstrated substantial capital appreciation over multi-decade holding periods.

For investors and operators evaluating this opportunity, the property represents an established commercial asset in a proven market location, offering immediate income potential combined with long-term capital appreciation characteristics typical of central Singapore real estate held by experienced investors.

Frequently Asked Questions

What rental yield might an investor expect if purchasing this F&B property as an income-generating commercial asset?

Rental yields for established F&B properties on Club Street typically range between 3% and 5% annually, depending on operational performance and tenant lease terms. Properties leased to professional restaurant operators with multi-year agreements tend to command premium rental rates, reflecting the high customer footfall and commercial intensity of this location. Investors should evaluate the property against historical trading records of comparable Club Street establishments, considering that food and beverage businesses on this street attract both corporate clientele and international visitors, supporting consistent occupancy and rental demand across market cycles.

How does the asking price of S$13.1M compare on a per-square-foot basis to recent F&B property transactions on or near Club Street?

Commercial F&B properties on Club Street trade within a range of approximately S$6,000 to S$9,000 per square foot, placing this offering at around S$6,550 per sqft—within the lower to mid-range for established assets in the area. This pricing reflects the property's existing multilevel configuration, proximity to Telok Ayer MRT, and established foot traffic characteristics. Recent comparable transactions on nearby streets such as Cross Street and Ann Siang Road have demonstrated that properties with successful operating histories and premium locations command valuations at the higher end of this spectrum, suggesting relative value availability in this particular offering.

What Additional Buyer's Stamp Duty (ABSD) implications apply if a Singapore Citizen purchases this as a second residential property?

If acquired as a second residential property, a Singapore Citizen would be liable for Additional Buyer's Stamp Duty at 20%, applied to the purchase price. For a S$13.1M acquisition, this equates to S$2.62M in ABSD on top of standard Stamp Duty. However, this property is classified as Food & Beverage commercial real estate, not residential, meaning standard ABSD rates for residential properties do not apply. Buyers should clarify with legal counsel whether their intended use of the property triggers residential or commercial property tax treatment, as this fundamentally alters the duty structure and total acquisition cost.

What lease tenure applies to this property, and how does lease decay affect long-term resale value and investor returns?

The property's lease tenure should be confirmed during due diligence, as it directly impacts long-term capital appreciation potential. Club Street properties typically operate on varying lease structures, with some held on 99-year leasehold and others on longer tenures. For commercial F&B properties, lease decay risk is less acute than residential assets because the property's value derives primarily from trading income and commercial utility rather than pure land appreciation. Nevertheless, investors should obtain a full Land Title report and calculate the unexpired lease length to model potential value trajectories and refinancing implications if held beyond 20 to 30 years.

How does proximity to Telok Ayer MRT Station (DT18) at 230 metres drive customer demand and capital appreciation for F&B properties in this area?

Proximity to Telok Ayer MRT Station represents a critical value driver for food and beverage properties on Club Street, as the Downtown Line provides rapid interchange with major employment, residential, and leisure nodes across Singapore. The 230-metre walking distance ensures that transit passengers naturally encounter the precinct during commute journeys, substantially expanding the addressable customer base beyond local office workers. Properties within this immediate MRT catchment have historically commanded premium valuations and demonstrated superior trading resilience during economic downturns, as transport accessibility sustains customer volume regardless of general economic conditions or changes in local office occupancy.

Which buyer profiles are best suited to acquire an F&B property of this calibre and location?

High-net-worth individuals and established hospitality groups seeking to expand their F&B portfolios find Club Street properties attractive as they align with premium brand positioning and command customer demographics with elevated spending capacity. Professional restaurant operators and culinary entrepreneurs view this location as a platform to establish flagship operations that enhance their reputation and market presence. Commercial real estate investors in Singapore increasingly recognise CBD-based F&B properties as diversified asset classes that generate both operational income and long-term capital appreciation. First-time commercial property buyers may find this entry price point challenging unless backed by significant capital; the property is better suited to experienced investors or operators with established networks, financial reserves, and operational expertise in food and beverage business management.

What TDSR implications and financing headroom should buyers anticipate at the S$13.1M price point for this property?

At S$13.1M, most institutional lenders will require total debt servicing ratio (TDSR) coverage of approximately 30% of annual income to maintain lending qualification. Assuming 60% to 70% loan-to-value (LTV) financing, buyers would require a deposit of S$3.93M to S$5.24M and demonstrate monthly servicing capacity of approximately S$26,000 to S$35,000 across all debts. Commercial property financing terms typically differ from residential lending, with shorter amortisation periods and higher interest rates reflecting the risk profile of income-generating commercial assets. Buyers should engage mortgage brokers to confirm current lending appetite and terms from major Singapore banks and non-bank lenders, as commercial F&B property financing remains more restrictive post-pandemic than traditional residential lending.

How does this property compare to competing F&B or commercial offerings in nearby precincts such as Ann Siang Road, Cross Street, or Duxton?

Club Street maintains stronger brand recognition and customer traffic density than many surrounding areas, positioning this property competitively against comparable F&B assets in nearby Conservation areas. Ann Siang Road and Cross Street offer similar heritage charm and hospitality focus but typically attract slightly lower customer volumes and command marginally lower rental yields. Duxton properties benefit from newer construction and modern infrastructure but lack the established street-level presence and international recognition that Club Street commands. This particular property's multilevel configuration and location within the Club Street core—rather than peripheral areas—positions it favourably against comparable commercial offerings in adjacent precincts. However, buyers should conduct comparative trading analysis of adjacent properties to validate rental assumptions and customer volume projections relative to this asking price.

Which floor levels or unit configurations within this multilevel property offer optimal value for investors or operators?

Multilevel F&B properties on Club Street typically derive maximum value from ground-floor premises, which command premium lease rates and customer traffic by virtue of street visibility and unimpeded foot traffic capture. Upper levels, whilst commanding lower absolute rental rates, provide valuable space for function rooms, quieter dining environments, or bar operations that attract different customer segments and permit higher-margin service models. Investors should evaluate the property's existing layout and operational history to determine which level configuration has historically generated strongest revenue, then model future performance against this baseline. Properties with flexible, reconfigurable internal spaces on multiple levels tend to attract premium valuations, as they accommodate evolving F&B concepts and operational models without requiring structural renovation.

What future supply pipeline or development activity in the Tanjong Pagar and Boat Quay district might affect demand and capital appreciation for Club Street properties?

The Conservation District encompassing Club Street, Ann Siang Road, and surrounding precincts is subject to strict heritage preservation regulations, which naturally constrains new supply and protects the scarcity value of existing F&B properties. Urban Redevelopment Authority (URA) masterplans indicate that this area will remain primarily conserved, with new development and intensification limited to carefully controlled contexts. Neighbouring areas such as Duxton and Pinnacle at Duxton have generated incremental residential demand in the precinct, potentially boosting evening and weekend customer volumes for Club Street F&B venues. Long-term, the regulatory protection afforded to conserved areas, combined with CBD intensification and sustained corporate employment, suggests that constrained supply of premium F&B properties should support capital appreciation and rental yield sustainability for well-positioned assets like this offering.

Multilevel Food & Beverage At Club Street — From S$13.1M