Freehold shophouse with existing approved commercial/shop use, situated on Residential / Institution zoned land.
2 Adjacent units for sales (Intermediate + Corner Shophouse)
Total land size 2551sqft. (1216sqft+1335sqft)
FREEHOLD INCOME TODAY. LAND POTENTIAL FOR TOMORROW.
A rare opportunity to own a freehold shophouse along Lor 13 Geylang with an existing income-producing use and underlying land zoned **Residential / Institution** under the URA Master Plan.
With a **plot ratio of 2.8**, the property offers investors more than simply rental income.
The opportunity lies in owning scarce freehold city-fringe land today while retaining potential longer-term value from future redevelopment, intensification or site amalgamation, subject to URA and relevant authorities' approval.
**Investment Highlights**
• Freehold land ownership
• Existing rental income
• Residential / Institution zoning
Suitable for Community Use, Child care Centre, Residential
• Plot ratio 2.8
• City-fringe Geylang location
• Potential strategic value for future site amalgamation
• Long-term redevelopment potential subject to planning approval
Collect income today. Hold the land. Preserve the possibilities for tomorrow.