Dear Sir/mdm,
Are you looking for fnb approved HDB shophouse for sale in Ang Mo Kio?
Perfect - We have just the answer for you here!!
A rare opportunity to own a fully operational HDB F&B shophouse with immediate rental income and long-term upside.
[Enquire with me for other shophouses purchase]
Property Details
Total Size: 1,615 sqft, Level 1 743 sqft + Level 2 872 sqft
[ABSD applies to residential portion]
Tenancy & Returns
Fully tenanted at $12,000/month (L1 + L2) till April 2027
>4% rental yield with strong tenant profile
Lease
Approx. 55 years remaining (as of 2025)
Location Highlights
Prominent main road frontage
Excellent visibility and accessibility
-----------------------
Purchase Assumptions (Revised)
Purchase Price: $3,200,000 (nett, no GST)
Loan-to-Value: 80%
Loan Amount: $2,560,000
Downpayment: 20% (Cash only)
Interest Rate: 2.5% p.a.
Loan Tenure: 25 years
Rental Income: $12,000 / month ($144,000 / year)
Upfront Cash Required (NO CPF)
A. Cash Downpayment (20%)
20% of $3.2M = $640,000 (Cash)
B. Buyer’s Stamp Duty (BSD)
BSD (current tiered rates):
Total BSD ≈ $131,600 (Cash)
C. ABSD (Important)
Applies ONLY to Level 2 residential portion, est valuation $400,000
D. Legal & Transaction Costs (Cash)
Conveyancing + bank legal: $3,000
Valuation & misc fees: ~$2,000
Total Initial Cash Outlay (Excl. ABSD)
Cash Downpayment: $640,000
BSD: $131,600
Legal & misc: ~$3,000
Total Cash Needed ≈ $781,600
Loan & Monthly Mortgage
Loan Amount: $2,560,000
Interest: 2.5%
Tenure: 25 years
Estimated Monthly Instalment
≈ $11,480 / month
(Conservative bank calculation, not teaser rate)
Enquire now for photos, viewing arrangements, and full investment details.
Definitely worth a personal trip to view and appreciate unit!
If above unit does not fit your every requirements, feel free to contact or drop me a SMS at 9353 XXXX.
Yours truly is standing by to assist on your queries.
James Jose
Propnex Realty Pte Ltd
(The Problem Solver agent)
Whatsapp Chat
