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S$ 12,500,000
S$ 2,826 psfEst. mortgage S$ 44,757/mo
Shop / Shophouse for Sale: Rare Freehold Serangoon Commercial, Ground Floor, Stable Rental Income & High Visibility
4,424 sqft
Built: 1986
Upper Serangoon RoadView on map
Hougang / Punggol / Sengkang (D19)Est. mortgage S$ 44,757/mo
Property details
Property type
Shop / Shophouse
Floor area
4,424 sqft
Price/sqft
S$ 2,825.5 psf
Last updated
9 days ago
Description
Freehold PropertyNear MRT StationHigh Rental YieldPrime LocationRare Unit AvailableNear Shopping CentreNear TPE ExpresswayNear CTE ExpresswayNear KPE Expressway24-Hour Access
Secure a premium asset in the heart of the Serangoon / Kovan estate. This freehold mixed-development unit offers a massive 4,424 sqft of space, thoughtfully split between a high-traffic Level 1 shopfront and a versatile private basement.
- Immediate Rental Income: Established tenant, stable rental income
- Future Potential: Plot Ratio of 3.0.
- Wide Frontage & High Visibility: Faces a busy main road, maximum exposure
- Dual-Level Accessibility
- Features 24-hour access and toilet facilities
- Parking Convenience
Strategic Location & Connectivity
- Excellent Mobility: Major road with quick access to the CTE, KPE, and TPE.
- Public Transport: Within a 5-minute drive to both Serangoon and Kovan MRT Stations (NEL & CCL).
- Amenities: A short drive from NEX Shopping Mall and Kovan Heartland Mall, surrounded by a dense mix of landed and non-landed residential developments.
Note: Property is sold on an "as is where is" basis and is GST payable.
Don't miss out on this high-yield, low-maintenance asset. Contact me today for a private discussion and more details on this rare unit.
Listed by Elias Er
ERA REALTY NETWORK PTE LTD
CEA: L3002382K | R067038A
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