An exceptional opportunity to own a prime freehold shophouse along the vibrant and high-traffic Serangoon Road. This property combines heritage charm with strong investment fundamentals — ideal for investors seeking stable income and long-term capital appreciation without paying for ABSD.
Property Highlights:
2 Storeys | Total Built-Up: ~1,800 sqft
1st Floor: ~1,000 sqft
2nd Floor: ~800 sqft
Land Size: 1008 sqft
Tenure: Freehold
Asking: $12,000,000 (Negotiable)
Investment Profile:
Currently Tenanted at $22,000/month
Lease Period: 14 April 2025 – 14 April 2027 (2 years)
Immediate rental income with secure tenancy in place
Strategically positioned within a bustling commercial stretch, this property enjoys strong footfall, excellent visibility, and proximity to established amenities, eateries, and transport nodes. A rare chance to secure a legacy asset in one of Singapore’s most dynamic city-fringe locations.
Freehold shophouses along Serangoon Road are tightly held and seldom available — making this a compelling acquisition for seasoned investors and portfolio builders.