{"id":24003,"date":"2019-04-12T11:50:00","date_gmt":"2019-04-12T03:50:00","guid":{"rendered":"https:\/\/www.99.co\/blog\/singapore\/?p=24003"},"modified":"2022-06-13T17:06:26","modified_gmt":"2022-06-13T09:06:26","slug":"commercial-properties-under-1-million","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/insider\/commercial-properties-under-1-million\/","title":{"rendered":"5 Great Commercial Properties For Under $1 Million"},"content":{"rendered":"
<\/div>

Want to diversify your property portfolio, and invest in commercial property?<\/span><\/p>\n

Regardless of whether you\u2019re thinking of purchasing a retail store, a warehouse, or even an F&B unit, you\u2019ve got plenty of options. In this article, we round up 5 great commercial properties that you can buy for under $1 million!<\/span><\/p>\n

#1: This retail shop at One North Residences<\/b><\/h3>\n

District: D5<\/span><\/p>\n

Nearest MRT: one-north<\/span><\/p>\n

Size: 336 sq ft<\/span><\/p>\n

Sale price: $850,000<\/span><\/p>\n

PSF sale price: $2,529.7<\/span><\/p>\n

With retail businesses, location is <\/span>everything<\/span><\/i>. If you\u2019re thinking of purchasing a retail store, you\u2019ll want to look for one that is conveniently located and gets plenty of foot traffic, such as this <\/span>shop at One North Residences<\/span><\/a>. <\/span><\/p>\n

What\u2019s so great about this shop unit? Well, since it\u2019s located within a condominium, it\u2019s strategically positioned to serve the needs of thousands of residents. <\/span><\/p>\n

If you\u2019re planning to resell the unit further down the road, then the excellent location of the store will help you turn a better profit. Assuming you intend to run the business, the strategic location also works out to your favour. <\/span><\/p>\n

#2: This F&B unit at Textile Centre<\/b><\/h3>\n

District: D07<\/span><\/p>\n

Nearest MRT: Lavender, Nicoll Highway <\/span><\/p>\n

Size: 505 sq ft<\/span><\/p>\n

Sale price: $735,000<\/span><\/p>\n

PSF sale price: $1,455.5<\/span><\/p>\n

Always wanted to run an F&B stall? For just $735,000, you can be the proud owner of this <\/span>F&B unit at Textile Centre<\/span><\/a>, Jalan Sultan. <\/span><\/p>\n

Full disclosure: the stall is a tad old-school, and could do with some renovating, but on the bright side, it\u2019s equipped with an alcohol license that allows you to sell beer until 3am. Just off the tops of our heads, we\u2019re thinking: retro watering hole where friends can meet to have a pint and some yummy bar grub. <\/span><\/p>\n

#3: This coffee shop at Changi Village<\/b><\/h3>\n

District: D17<\/span><\/p>\n

Nearest MRT: Pasir Ris<\/span><\/p>\n

Size: 3,150 sq ft<\/span><\/p>\n

Sale price: $600,000<\/span><\/p>\n

PSF sale price: $190.5<\/span><\/p>\n

If you\u2019re dreaming bigger than a single F&B stall, check out this <\/span>coffee shop that\u2019s available for takeover at Changi Village<\/span><\/a>. <\/span><\/p>\n

The coffee shop consists of eight stalls in total, and it\u2019s Halal-certified, which expands your potential pool of customers. On top of the takeover fee, you\u2019ll have to pay $3,000 for royalty each month, but you get to keep and use all the equipment, and you can continue running the coffee shop with zero fuss. <\/span><\/p>\n

#4: This retail store at Peninsula Shopping Complex<\/b><\/h3>\n

District: D06<\/span><\/p>\n

Nearest MRT: City Hall<\/span><\/p>\n

Size: 301 sq ft<\/span><\/p>\n

Sale price: $820,000<\/span><\/p>\n

PSF sale price: $2,724.2<\/span><\/p>\n

Peninsula Shopping Complex might not be the newest mall on the block, but it\u2019s still going strong, and it commands a steady flow of foot traffic everyday. <\/span><\/p>\n

If you\u2019re thinking of buying a retail unit, consider getting this <\/span>store at Peninsula Shopping Complex<\/span><\/a>. The unit comes with air-conditioning, and since it\u2019s located right smack in the middle of town, commuting to and fro will be a breeze.\u00a0<\/span><\/p>\n

#5: This warehouse at Oxley Bizhub<\/b><\/h3>\n

District: D14<\/span><\/p>\n

Nearest MRT: Tai Seng<\/span><\/p>\n

Size: 1,916 sq ft<\/span><\/p>\n

Sale price: $938,000<\/span><\/p>\n

PSF sale price: $489.6<\/span><\/p>\n

If you\u2019re looking for a warehouse space that can double up as a makeshift office, check out this seriously stylish <\/span>warehouse unit at Oxley Bizhub<\/span><\/a>. <\/span><\/p>\n

There are plenty of things to love about this unit. First and foremost, the mezzanine unit is modern and aesthetically pleasing; it features trendy brick walls, wooden storage panels and a black staircase and fittings. <\/span><\/p>\n

Secondly, purchasing the unit gives you access to the lap pool, gym and eco garden located within Oxley Bizhub. Last but not least,\u00a0<\/span>Oxley Bizhub is a stone\u2019s throw away from Tai Seng MRT, which makes it easy for you to get around using public transport.<\/span><\/p>\n

If you found this article helpful, 99.co recommends\u00a0<\/span>5 commercial properties Singaporeans secretly wish they own<\/a> and\u00a0Should I Take Over a Commercial Property?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Want to diversify your property portfolio, and invest in commercial property? Regardless of whether you\u2019re thinking of purchasing a retail store, a warehouse, or even an F&B unit, you\u2019ve got plenty of options. In this article, we round up 5 great commercial properties that you can buy for under $1 million! #1: This retail shop…<\/p>\n","protected":false},"author":36,"featured_media":23997,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","_lmt_disableupdate":"","_lmt_disable":"","_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[53653,57131],"tags":[53655,53788,53641],"persona":[],"class_list":{"2":"type-post","12":"entry","13":"has-post-thumbnail"},"acf":[],"yoast_head":"\n5 Great Commercial Properties For Under $1 Million<\/title>\n<meta name=\"description\" content=\"Want to diversify your property portfolio, and invest in commercial property? 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