Singapore, 2 December 2025 – ETC (宜迪产业咨询公司) as the sole marketing agent, is pleased to announce that it has successfully brokered the sale of a four-storey commercial building including a row of conservation shophouses located at 51 Merchant Road for S$121.8 million.

51 Merchant Road occupies a site area of approximately 2,570.5 sq m and has an existing gross floor area of approximately 6,606.43 sq m. Under Master Plan 2019, it is zoned for ‘Commercial’ use. With a 99-year lease expiring in May 2092, the 4-storey main building was refurbished in 2013 and commands prominent frontage along Merchant Road. Meanwhile, the annexed shophouses add architectural depth and tenant appeal. A basement carpark provides added convenience for occupants and visitors.

Ms Swee Shou Fern (徐晓芬), Head of Investment Advisory at ETC, says, “This deal reaffirms ETC’s professional approach in identifying and articulating asset attributes and a deep understanding of buyer sentiment – enabling us to match quality opportunities with serious investors. We are proud to have facilitated the successful sale of 51 Merchant Road.”

Conveniently located just 300-400 metres from Clarke Quay and Fort Canning MRT stations, and with direct pedestrian connectivity to the Singapore River via an overhead bridge, the property enjoys superb connectivity. Major expressways such as the Ayer Rajah Expressway and Central Expressway are also nearby.

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