Discover a prime investment opportunity at 48 Sims Place, a strategic retail shophouse located in District 14. Priced at SGD 2,880,000, this property offers strong rental income potential with a stable tenancy generating SGD 6,900 monthly until November 2027. Its versatile commercial space is ideal for young professionals and investors seeking a prominent retail presence in a vibrant neighborhood.
This single-tenant shophouse combines retail and living quarters, providing flexibility for future expansion or re-development. Situated on Sims Place, the property benefits from excellent visibility and accessibility, making it a valuable asset in Singapore’s dynamic property market. The absence of GST simplifies the transaction process, enhancing its appeal for investors.
Operational costs include a town council fee of SGD 190 and an awning fee of SGD 33 per month, ensuring minimal overheads. With a competitive price point and long-term tenancy, 48 Sims Place offers a compelling opportunity for high returns and asset growth in Singapore’s thriving District 14.
Faith Quek
Your friendly property consultant
PropNex Realty Pte Ltd
PNG
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