HDB Shophouse Investment | 3.7% Yield | Huge BTO Catchment | Future Greater Southern Waterfront
✦ UNIT HIGHLIGHTS ✦
✦ Rare 2-Storey HDB Shophouse beside famous ABC Brickworks Market & Food Centre.
✦ "Black Hole Effect" Location: High footfall gravity from existing mature estate + massive injection of ~3,000 new households from Alexandra Peaks & Alexandra Vista BTOs.
✦ Immediate Rental Yield: Currently collecting $7,350/mth.
✦ Commercial (L1): 775 sqft | Tenanted @ $5,000/mth (Exp Sep 2026).
✦ Residential (L2): 882 sqft | 2 Bedrooms | Tenanted @ $2,350/mth (Exp Jul 2026).
✦ Total Size: Approx 1,657 sqft (154 sqm).
✦ Tenure: 99-year Leasehold (Balance Lease approx 48 years - Verify on viewing).
✦ ABSD Savings: Commercial component incurs no ABSD.
✦ INVESTMENT STRATEGY ✦
This asset is a pure "Supply vs Demand" play. With the injection of 3,000+ new families right at your doorstep from the upcoming BTO projects, the retail catchment is set to explode. You are buying into a pre-transformation price before the Greater Southern Waterfront fully materializes. Ideal for investors seeking immediate passive income with clear capital appreciation exit strategies driven by population growth.
✦ LOCATION & AMENITIES ✦
✦ Right next to NTUC FairPrice and ABC Brickworks for consistent daily footfall.
✦ Direct access to AYE/CTE.
✦ Strategic location serving Bukit Merah, Queenstown, and Alexandra distincts.
✦ PRIMARY SCHOOLS (ONE-MAP SEARCH) ✦
✦ Within 1km: Gan Eng Seng Primary School.
✦ Within 2km: Alexandra Primary School, Blangah Rise Primary School, Radin Mas Primary School, Zhangde Primary School.
✦ KEYWORD DRAGNET ✦
Bukit Merah Central, Alexandra Road, Queensway, Redhill, Tiong Bahru, Jalan Rumah Tinggi, Hoy Fatt Road, Indus Road, Havelock Road, Telok Blangah.
Call Andrea ⑨⑥⑨③ ⑦⑦⑧⑦ for an exclusive viewing!
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