Rare Freehold Corner Shophouse Along Upper Paya Lebar Road
Asking $13M | Motivated Seller | Serious Offers Considered
A rare opportunity to acquire a freehold corner shophouse in the highly sought-after Upper Paya Lebar / Tai Seng precinct. Positioned prominently with dual frontage and excellent visibility, this asset offers both immediate rental income and long-term capital preservation.
Why Investors Love This Property
- Freehold tenure – own a scarce asset forever
- Corner plot with excellent exposure
- Residential with Commercial at 1st Storey zoning
- Approx. 4,921 sqft built-up area
- Strong rental income of $35,000/month (~$420,000/year)
- Walking distance to Tai Seng MRT and minutes to KPE
- Located within an established mixed-use enclave surrounded by industrial and residential catchments
- Asset enhancement potential and future upside in a land-scarce district
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Income-Producing Asset
Level 1 (Commercial)
* Rental: $25,000 GST
* Outdoor Refreshment Area (ORA): $3,300
* Yearly Betterment Fee for ORA: $38,900
Level 2 (Residential)
* Rental: $10,000 (inclusive of GST)
Total Rental Income
$35,000/month
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Strategic City-Fringe Location
Situated just minutes from:
* Tai Seng MRT Station
* Kallang-Paya Lebar Expressway (KPE)
* Paya Lebar Commercial Hub
* Bartley and MacPherson industrial clusters
* CBD approximately 8.4km away
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An Asset Class Built for Generations
Freehold shophouses are among Singapore’s most resilient wealth-preservation assets. With limited supply and strong tenant demand, they continue to attract family offices, business owners and long-term investors seeking:
- Capital appreciation
- Inflation hedge
- Legacy wealth planning
- Stable rental returns
- Scarcity value
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Usage Restrictions
No massage establishments/spa, bar, nightclub, restaurant with live music, backpackers’ hostel, hotel, serviced apartment, students’ hostel, workers’ dormitory or religious use.
Residential component is subject to ABSD.
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Motivated Sel
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