The Promenade@pelikat (D19), Shop House - For Sale #115707821
The Promenade@Pelikat (D19), Shop House #589633481
The Promenade@Pelikat (D19), Shop House #589633491
The Promenade@Pelikat (D19), Shop House #589633501

The Promenade@Pelikat (D19), Shop House - For Sale

Rental yield up to 3.2%
205 sqft | $2,683 psf (Built)
$550,000
Estimated mortgage $X,XXX monthly
CEA: R055037C | L3008899K
Hi I'm Joanne Tan
Promenade @ Pelikat – Prime Freehold Retail Investment

An excellent opportunity to own a freehold retail unit at Promenade @ Pelikat, a well-located mixed-use development with strong tenant demand.

This F&B-approved retail unit is currently tenanted till end December 2026, providing immediate and stable rental income with more than 3% rental yield, making it ideal for investors seeking long-term value and consistent returns.

The unit features a high ceiling, good frontage, and a bright, welcoming layout, offering strong visibility and excellent branding potential. Its flexible configuration suits a wide range of retail and F&B concepts.

Key Highlights:
Freehold development
Retail unit with F&B approval
Tenanted till Dec 2026 – hassle-free investment
Above 3% rental yield
High ceiling & excellent frontage
Bright unit with strong street presence
Ideal for long-term investment or future own use

A rare freehold retail investment with income security and capital appreciation potential.
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About this property
Address
Jalan Pelikat
Property Name
Property Type
Shop House
Model
Shophouse
Tenure
FREEHOLD
Developer
Oxley Vibes Pte Ltd
Asking
$550,000
Size
205 sqft (Built-up)
PSF
$2,683 psf (Built-up)
Tenancy Status
Not tenanted
Date Listed
1784567251
What's in this area?
All
Trains (MRT & LRT)
Bus Stops
Schools
Shopping Malls
Groceries & Supermarts
Trains (MRT & LRT)
KOVAN MRT
NE13
DEFU MRT DUE 2029
CR7
SERANGOON MRT
CC13 NE12
Bus Stops
Opp Yuying Sec Sch
1135353M62
Aljunied CC
1135353M62
Primary Schools
Xinghua Primary
0.41 km
Methodist Girls' School (primary)
0.72 km
Paya Lebar Methodist Girls' School (primary)
0.72 km
Secondary Schools
Yuying Secondary
0.33 km
Paya Lebar Methodist Girls' School (secondary)
0.56 km
St. Gabriel's Secondary
1.67 km
Integrated Schools
Methodist Girls' School (primary)
0.72 km
Maris Stella High School
1.91 km
Shopping Malls
Heartland Mall-Kovan
0.56 km
Upper Serangoon Shopping Centre
1.03 km
ICB Shopping Centre
1.12 km
Groceries & Supermarts
PRIME SUPERMARKET
0.36 km
FAIRPRICE
0.49 km
COLD STORAGE
0.56 km
Google Map
Tap to Zoom
Bus/MRT
- mins
Drive
- mins
Walk
- mins
KOVAN MRT
NE13
0.63 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
DEFU MRT DUE 2029
CR7
1.49 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
SERANGOON MRT
CC13 NE12
1.67 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Opp Yuying Sec Sch
113 53 53M 62
0.24 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Aljunied CC
113 53 53M 62
0.25 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Xinghua Primary
0.41 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Methodist Girls' School (primary)
0.72 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Paya Lebar Methodist Girls' School (primary)
0.72 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Yuying Secondary
0.33 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Paya Lebar Methodist Girls' School (secondary)
0.56 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
St. Gabriel's Secondary
1.67 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Methodist Girls' School (primary)
0.72 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Maris Stella High School
1.91 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Heartland Mall-Kovan
0.56 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Upper Serangoon Shopping Centre
1.03 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
ICB Shopping Centre
1.12 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
PRIME SUPERMARKET
0.36 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
FAIRPRICE
0.49 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
COLD STORAGE
0.56 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
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