Serangoon Garden Way Shophouse (Commercial Zone), 999 Yr Tenure. No ABSD, Foreigners Eligible, Face Main Road. Don't Miss!
Invest in a trophy 999 year tenure shophouse in the popular and thriving Serangoon Garden enclave.
Currently fully tenanted to a baking studio and medical clinic.
Some compare it to the vibes of Holland Village.
Great potential to appreciate in value given its uniqueness, niche target audience, growing popularity and 999 year lease tenure.
Located within the North-East Region, which has which has about 217,120 homes(source: Wikipedia). North-East Region of Singapore is the most densely populated and has the highest population among all the regions in Singapore. As of 2020, the North-East Region has a population of 930,910(source: Wikipedia)
Serangoon Garden, while rich in heritage with colonial British influences, is popular with locals - young upmarket crowds, families and expats for its vibrant F&B choices, banks, fitness and health, enrichment establishments, country club, supermarket, market, food centre, convenience stores, a shopping centre and more.
There are only about 48 shophouses in this enclave, tightly held by their owners, and seldom available.
This enslave cannot be replicated. The commercially zoned shophouses here, though not under conservation, has retained a character of its own, most having been built around the 1950s onwards.
The shophouses on Serangoon Garden Way, which is next to the iconic Serangoon Garden Circus, have a consistent and unique character not seen anywhere else in Singapore.
Immediately surrounding this popular enslave is an affluent neighbourhood of a extraordinarily high numbers of private landed residential properties and condominiums, both existing and under construction. There are large plots of land nearby zoned as residential for future developments, translating into more footfalls and popularity.
Immediately beyond the affluent neighbourhood is the Serangoon Estate which houses a population of about 68,000 residents with about 21,634 flats(source: HDB)
Many of the patrons drive into Serangoon Garden, though it is served by a number of buses.
Tavistock MRT station(Crossed Island Line) which is expected to complete in around 2030, is about 11 minutes walk away.
Due to the proximity to the relatively new French school, Lychee Francais De Singpour (961m), as well as the Australian International School (2.2km), Stamford American International School (3.8km) brings new expat communities to the Serangoon Garden estate. After all, such vibes can't be be replicated elsewhere.
Prominent establishments in the Serangoon Garden enclave includes:
Banks, Finance Company: DBS(coming soon), Hong Leong Finance, HSBC, Standard Chartered Bank, OCBC, UOB
F&B: Baker & Cook, Begawan Solo,Chong Qing Grilled Fish, Coffee Bean & Tea Leaf, Isteak, Chomp Chomp Food Centre, Kota Zheng Zong Bak Kut Teh,Pow Sing, Sri Sun Express, Sushi Tei, Tiong Bahru Bakery, Toastbox and more.
Amenities: FairPrice finest, Serangoon Garden Country Club, Food Centre and market and more
Shops/ Services/enrichment : Ashford Medical Centre, Brighton Vet Care, Eye Level,Hockhua Tonic, mTm, Pet Lovers Centre,Guardian Pharmacy, Lush Nails & Spa, Royce Dental Centre, The Straits Wine Company,Watsons, Wine Connection, Wheat and more
Fitness: Anytime Fitness and more
Front width: about 20 feet
Depth : about 75 feet