A tenanted 786 sqft retail unit at The Midtown, Hougang, for a hands-off investor.
Tenanted to 30 Jun 2028, same tenant 6 yrs (per owner); Hougang MRT (NE Line) 7 min walk.
✦ Money: S$1,688,888 | Leased S$6,830/mo incl. GST to Jun 2028 | ~4.45% gross ex-GST | MCST ~S$900/mo | Prop tax ~S$500/mo
✦ Suits: shop (incl. beauty/facial salon), takeaway foodshop (no dine-in)
✦ Lease renewed 1 Jul 2026 to 30 Jun 2028: income in place from day one
✦ Same tenant 6 years, no payment default (per owner): a steady record
✦ Completed 31 Dec 2018 (cos.sg): a young building, ~85 yrs left on the lease
✦ Kitchen-ready: town gas, 3-phase 63A, grease trap, exhaust duct (brochure)
✦ URA (11 Aug 2026): shop and takeaway allowed; dine-in or spa needs approval
✦ Honest note: inner corridor unit by the lift lobby, not on the street front
✦ Walk: Hougang MRT 7 min (~640 m). Drive: TPE entry 3.8 km, Raffles Place 24 min. 7 carparks in 400 m
✦ Next-door 4.7ha Hougang Central site awarded Jan 2026: bus interchange, 2,000+ homes
✦ 99-yr LH (2013) | Bal ~85 yrs | 786 sqft | S$1,688,888 (S$2,149 psf) | Tenanted to Jun 2028
Call Andrea ⑨⑥⑨③ ⑦⑦⑧⑦ for the tenancy schedule & a viewing.
The Midtown, Upper Serangoon Road, Hougang, Hougang MRT, Hougang Central, Hougang Avenue 10, District 19, commercial unit for sale, F&B unit for sale, restaurant unit for sale, tenanted commercial property, tenanted investment unit, facial spa unit for sale, commercial investment Singapore, 99 year leasehold commercial, gross yield investment, North East Line, Cross Island Line, dining cluster unit, fitted F&B unit, grease trap kitchen exhaust, town gas restaurant unit, small commercial investment, retail investment Singapore, Oxley Lian Beng, mixed use development Hougang
Yield = rent ex-GST x12 / ask, before costs; indicative, not a forecast. Not an offer.
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