50/50 Co broke welcomed. This unit living quarter approved for dual key.
HDB shophouse; commercial on 2nd floor with residential unit above. Good yield, fully tenanted, new lease. Near MRT, facing Prime HDB BTO King George Heights (397 units of 3 and 4 bedrooms),
Current rental
- shop unit - $3100
- Living quarter at $3300
The advantages of HDB shophouses investment are:
A) At the cheaper end of commercial shops and surrounded by HDB residents, owners of well located shophouses have been able command strong rental growth.
(https://www.straitstimes.com/singapore/housing/rents-for-privately-held-hdb-shops-double-in-past-year-prices-hold-steady-for-those-leased-from-hdb)
B)Owners of HDB shophouse with living quarter can also expect to have greater rental stability from the residential component.
C)Shophouse tenants can expect business support in the form of cheap rental of the outdoor area from town councils to compliment their shop area. Tenants can also register themselves to be paid by CDC and SG50 vouchers, which nearby residents are entitled to.
Unsurprisingly, HDB shophouse has seen strong interest and investment interest from investors. The most recent being Singapore Post sales of 10 Housing & Development Board (HDB) shophouses for S$55.5 million to Mr. Teo Kiang Ang, the founder and non-executive chairman of Union Gas.
(https://www.businesstimes.com.sg/companies-markets/singpost-sells-10-hdb-shophouses-union-gas-chairman-s55-5-million )
I have 5 other HDB shophouses listings. Please do refer to them under my listings.
Whatsapp Chat
