Discover a fantastic opportunity with this 3552 sqft Food & Beverage space for sale, available now in the vibrant Tanjong Katong area.
67years good lease balance.
12 stalls + 1 drink stall
Corner coffeshop with 2 facings and ample parking.
Recent sales prices for coffeeshops in Singapore have ranged from approximately S$9.8 million to S$41.6 million, with per square foot (psf) prices generally falling between S$1,800 to over S$9,700.
These transactions are for HDB coffeeshops, which are considered tightly held and valuable assets due to strong demand and limited supply.
Notable Recent Sales
Specific, high-profile transactions in mature HDB estates highlight the premium prices these properties command:
Tampines: A coffeeshop at Block 201 Tampines Street 21 was sold for a record S$41.6 million in June 2022, at a psf price of around S$6,964.
Yishun:
A coffeeshop at Block 848 Yishun Street 81 changed hands for S$40 million in May 2022, achieving a higher psf price of S$9,361 due to its smaller size.
Serangoon: A unit at Block 261 Serangoon Central Drive was sold for S$40.5 million in December 2023 (or S$9,647 psf), making it one of the highest-priced transactions.
Serangoon Central: Coffeeshop chain operator
This prime location boasts excellent accessibility, with Paya Lebar MRT Station just 1.2 km away and Eunos MRT Station only 1.5 km away, making it convenient for both customers and staff.
The property is surrounded by essential amenities, including FairPrice Joo Chiat Complex (0.6 km) for your grocery needs, and KINEX (1.3 km), a shopping mall that attracts diverse foot traffic.