1626 Sqft divided between 2 floors.
Ground Floor 738 Sqft , Commercial Space
Second Floor 888 Sqft , Residiential / Living Quarters, Changed of use to Office.
Lease until 2079.
1. Strong rental yield. With existing tenancies generating $24,500/month in rental income, the gross yield works out to approximately 5.88% based on a $5M purchase price — well above typical HDB shophouse yields.
2. Prime town centre location. The block is situated in AMK Town Central, right beside Djitsun Mall, with two coffeeshops nearby — one within the block itself and one in the block behind.
3. Sold with tenancies. The property comes with existing leases in place, meaning immediate income from day one.
4. ,About 53 years remaining , which is comfortably bankable for financing purposes.
5. Established catchment area. The Ang Mo Kio Town Centre enjoys fully sheltered connectivity to the bus interchange and AMK Hub, with strong visibility along pedestrian malls and historically full occupancy. Savills has noted ongoing rejuvenation plans and a growing residential population in the area.
6. No ABSD. Commercial-zoned shophouses are exempt from Additional Buyer’s Stamp Duty (ABSD) and Seller’s Stamp Duty (SSD) , which lowers the entry cost compared to residential property.
Call Kelvin at 8366-5899
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