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S$ 2,499,999
S$ 1,890 psfEst. mortgage S$ 8,951/mo
Shop / Shophouse for Sale: 18 Upper Boon Keng Road
1,323 sqft
Upper Boon Keng RoadView on map
Eunos / Geylang / Paya Lebar (D14)Est. mortgage S$ 8,951/mo
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Property details
Property type
Shop / Shophouse
Floor area
1,323 sqft
Price/sqft
S$ 1,889.64 psf
Last updated
3 days ago
Description
High Rental YieldRetail UnitRare Unit AvailableInvestment-Friendly UnitCorner Unit99-yr LeaseTenantedCommercial UnitCity Fringe Location
Call Andrea ⑨⑥⑨③ ⑦⑦⑧⑦
Rare Corner HDB Shophouse @ 18 Upper Boon Keng Rd. High-yield commercial asset in D12 (City Fringe/RCR).
✦ Asking $2.5M (Neg) No GST
✦ 99-yr Lease from 1974
✦ ~1,324sqft (2-Storey)
✦ Rare Corner Unit with Dual Frontage & ORA Potential
✦ Tenanted to Cat 1 Spa @ $8,800/mth. Potential $10k/mth (~4.8% yield)
✦ "Black Hole Effect": No malls nearby. Captive market of 12,000+ residents (Kallang Trivista/Breeze/View BTOs).
**Better Yield vs Conservation Shophouses**
Ideal for investors searching in:
✦ D1/D2: Amoy St, Telok Ayer St, Boon Tat St, Stanley St, Tras St, Duxton Rd/Hill, Tg Pagar Rd, Craig Rd, Neil Rd, Keong Saik Rd, Jiak Chuan Rd, Bt Pasoh Rd, Kreta Ayer Rd, Club St, Ann Siang Rd, Gemmill Ln, Boat Quay, Circular Rd, South Bridge Rd, New Bridge Rd, Chinatown, Pagoda St, Temple St, Smith St, Mosque St.
✦ D7: Liang Seah St, Tan Quee Lan St, Purvis St, Seah St, Haji Ln, Arab St, Baghdad St, Bussorah St, Kandahar St, Sultan Gate, Aliwal St, Jln Sultan, Beach Rd.
✦ D8: Jln Besar, Foch Rd, Tyrwhitt Rd, Cavan Rd, Hamilton Rd, Horne Rd, Lavender St, Serangoon Rd, Race Course Rd, Syed Alwi Rd, Campbell Ln, Dunlop St, Prinsep St, Selegie Rd.
✦ D15: Joo Chiat Rd, East Coast Rd, Tg Katong Rd.
✦ Others: Balestier Rd, Geylang Rd, Sims Ave, River Valley Rd, Upp Thomson Rd, Serangoon Gdns, Holland V.
**Trades (Subj to Change of Use)**
F&B (Cafe, Bistro, Bakery, Dark Kitchen), Vet, Pet Grooming, Laundromat, TCM, GP Clinic, Dental, Gym, Yoga, Pilates, Spin, Spa, Nail Parlour, Minimart, Convenience Store, Tuition.
All land & built-up areas are based on approximate measurements & are subject to final survey & shall not form part of any offer or contract or constitute any warranty by the salesperson & shall not be regarded as statements or representations of fact. Images & floor plans shown are for illustration purposes & may not represent the actual property. Some pics are AI generated pics.
Listed by Andrea Goh
PROPNEX REALTY PTE. LTD.
CEA: L3008022J | R000289H
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