Rare Freehold Shophouses next to Paya Lebar MRT.
Two adjoining 2-storey shophouses in original condition, zoned for Institution & Residential use, ideal for redevelopment.
Why 529 Sims Avenue Is a Strong Freehold Shophouse Investment
1. Freehold = Long-Term Land Value Preservation
Freehold shophouses are increasingly scarce, especially in city-fringe locations. You’re not just buying a building — you’re landbanking a perpetual asset that does not suffer from lease decay. This protects long-term capital value and exit flexibility.
2. City-Fringe Location with MRT Interchange Proximity
Being just ~350m from Paya Lebar MRT Interchange (EWL & CCL) places the property in one of the most well-connected nodes outside the CBD. MRT interchanges consistently support:
Easier exit to both investors and end-users
3. Institutional / Residential Zoning = Multiple Exit Paths
The Residential / Institution zoning opens up more use cases:
Own-use redevelopment
Commercial training schools (subject to approval)
Future conversion or repositioning
This flexibility reduces risk and broadens your buyer pool when you exit.
4. Wide Frontage on Main Road (Sims Avenue)
Main road frontage translates to:
Better visibility
Higher commercial appeal
Stronger rental interest
More attractive redevelopment potential
5. Rebuild / Redevelopment Upside
The shophouses are in original condition, which means:
You’re not overpaying for past renovations
Value creation comes from redevelopment, not speculation
Clear upside through rebuilding to current planning guidelines
6. Proven City-Fringe Rental Demand
District 14 (Geylang / Aljunied / Paya Lebar) has long been a high-demand rental zone due to:
Proximity to CBD and business hubs
MRT connectivity
Abundance of amenities, food options.
Contact me to find out more!
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