Boon Tat Street Shophouse Refurbishment, Singapore
Boon Tat Street is located in the shophouse reservation area in the middle of Singapore CBD next to the famous Lau Pa Sat. Most properties on the street are unique with historical.
Property type: Commercial Refurbishment
Address: Boon Tat Street, Singapore
Property acquired: 2011
Property sold: 2016
Lot size Approx. 5,630 sq. ft.
Return on Investment: 11.0 x return on equity
· Acquired the old / run-down building
· Complete a full refurbishment of the building
· Introduce a Michelin star restaurant to ground and first floor
· Created Grade A office on second floor
· Re-purposed the roof into one of the most popular roof top cigar and whisky bar