Serangoon Garden Estate (D19), Shop House - For Sale #117380601
Serangoon Garden Estate (D19), Shop House #608363361
Serangoon Garden Estate (D19), Shop House #608363371
Serangoon Garden Estate (D19), Shop House #608363381

Serangoon Garden Estate (D19), Shop House - For Sale

Rare Freehold Full Commercial Shophouse in Serangoon for sale
3,000 sqft | $4,000 psf (Built)
$12,000,000
Estimated mortgage $X,XXX monthly
CEA: R014538Z | L3008022J
Hi I'm Raymond Giam
Why investors should consider

1. Rare freehold commercial shophouse in Serangoon
2. Full commercial usage offering greater flexibility
3. Two-storey configuration with efficient use of space
4. Own both the building and valuable freehold land
5. No ABSD for commercial property
6. No SSD, offering greater flexibility for investors
7. Generally open to both local and foreign buyers
8. Potential for separate rental income from both floors
9. Suitable for investors seeking recurring rental income
10. Ground floor suitable for F&B, retail and lifestyle businesses, subject to approval
11. Upper floor suitable for gym, wellness, enrichment, office and other commercial uses, subject to approval
12. Located within the established and popular Serangoon area
13. Strong surrounding residential catchment supporting businesses
14. Scarce landed commercial property compared with strata commercial units
15. Freehold tenure eliminates concerns over lease decay
16. Suitable for long-term wealth preservation and legacy holding
17. Attractive to owner-occupiers who prefer owning instead of renting their business premises
18. Potential for future asset enhancement and repositioning, subject to authorities’ approval
19. Potential rental upside upon future lease renewals or tenant changes
20. Rare combination of freehold tenure, full commercial use, land ownership, two storeys and income-generating potential

Call Ray at 9067XXXX today
Read more
About this property
Address
Kensington Park Road
Property Name
Property Type
Shop House
Model
Shophouse
Asking
$12,000,000
Size
3,000 sqft (Built-up)
PSF
$4,000 psf (Built-up)
Tenancy Status
Not tenanted
Date Listed
1787505966
What's in this area?
All
Trains (MRT & LRT)
Bus Stops
Schools
Shopping Malls
Groceries & Supermarts
Trains (MRT & LRT)
TAVISTOCK MRT DUE 2029
CR10
SERANGOON NORTH MRT DUE 2029
CR9
LORONG CHUAN MRT STATION
CC14
Bus Stops
Opp Portchester Ave
317
Serangoon Gdn Circus
31531773136
Opp Penshurst Pl
317
Primary Schools
Zhonghua Primary
0.67 km
Chij Our Lady Of Good Counsel
0.86 km
Rosyth
1.33 km
Secondary Schools
Serangoon Garden Secondary
0.61 km
Peicai Secondary
0.8 km
Chong Boon Secondary
0.86 km
Shopping Malls
myVillage at Serangoon Garden
0.1 km
NEX
1.7 km
NEX
1.72 km
Groceries & Supermarts
FAIRPRICE FINEST
0.11 km
SFERM
0.13 km
FAIRPRICE
0.95 km
Google Map
Tap to Zoom
Bus/MRT
- mins
Drive
- mins
Walk
- mins
TAVISTOCK MRT DUE 2029
CR10
0.66 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
SERANGOON NORTH MRT DUE 2029
CR9
1.01 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
LORONG CHUAN MRT STATION
CC14
1.49 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Opp Portchester Ave
317
0.08 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Serangoon Gdn Circus
315 317 73 136
0.11 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Opp Penshurst Pl
317
0.21 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Zhonghua Primary
0.67 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Chij Our Lady Of Good Counsel
0.86 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Rosyth
1.33 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Serangoon Garden Secondary
0.61 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Peicai Secondary
0.8 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Chong Boon Secondary
0.86 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
myVillage at Serangoon Garden
0.1 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
NEX
1.7 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
NEX
1.72 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
FAIRPRICE FINEST
0.11 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
SFERM
0.13 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
FAIRPRICE
0.95 km
Bus/MRT
- mins
Drive
- mins
Walk
- mins
Affordability calculator
Purchase Price
Mortgage
Interest Rate
Monthly Payment
You will need a downpayment of $X,XXX plus applicable stamp duties and expenses, based on 70% LTV ratio, 30-year loan with 4.5% interest rate.
Monthly Income
Monthly commitments
Downpayment
Calculate
Maximum Purchase Price
$ 0.00
With a Home Loan of
$ 0.00
Show me listings in my price range
How much is my home worth?
Enter your home address to get an accurate estimate of your property value.
Check price estimate
Supported by
Contact Information
Error message
Error message
Error message
Thank you for your message. The agent will be informed of your request.
Similar Listings
Mosque Street
$28,000,000
Shophouse
5,155 sqft | $5,431 psf(Built)
$28,000,000
Shophouse
452 sqft | $1,880 psf(Built)
$850,000
Call
Whatsapp
SMS
2 listings selected