Lucky Plaza B1 – Rare Freehold Retail Investment in Orchard
Asking Price: S$1.45 Million | Freehold | Approx. 2.3% Rental Yield
Rare opportunity to own a freehold strata retail unit at Lucky Plaza, one of Orchard Road’s most established and recognisable shopping destinations.
Located at Basement 1, Unit B1, the shop enjoys a central position within the mall, close to the entrance and within the active retail and F&B zone near Jollibee. Its accessible location within the mall provides good visibility and exposure to regular shoppers, office workers, tourists and the strong weekend crowd.
Lucky Plaza sits prominently at 304 Orchard Road, District 9, right in the heart of Singapore’s premier shopping belt. Orchard MRT (NS22/TE14) is only a few minutes’ walk away, providing excellent connectivity via both the North-South and Thomson-East Coast Lines.
Investment Highlights
- Freehold strata retail unit
- Attractive asking price of S$1.45M
- Existing rental return of approximately 2.3% yield
- Centrally positioned on Basement 1
- Near mall entrance and Jollibee
- Strong daily and weekend pedestrian traffic
- Established Orchard Road retail address
- Excellent accessibility to Orchard MRT
- No ABSD for commercial property
- Suitable for investors seeking rental income and long-term freehold asset ownership
Lucky Plaza’s Basement 1 is an active commercial level with a mix of food, retail, money-changing and service businesses. Comparable B1 retail units are actively marketed as income-producing freehold investments, reflecting the continued demand for small-format Orchard Road strata retail space. 99.co
At a 2.3% rental yield, the indicative rental return works out to approximately S$33,350 per year, or about S$2,780 per month, based on the S$1.45M asking price.
Ideal for investors looking for a centrally located, income-producing freehold commercial asset in the heart of Orchard Road.
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