Guillemard Road, Aljunied, Central Region, Singapore
$3,950,000
Prime Location Zoned for commercial / Institution • Situated along Guillemard Road, within the vibrant Geylang precinct. • 10 minutes’ walk or 3 minutes’ bus ride to Mountbatten MRT • 10 minutes’ walk to Singapore Sports Hub and minutes’ drive to CBD and Orchard Road. • Surrounded by established residential and commercial developments, ensuring foot traffic and potential clientele. At the heart of the transformation of the respective masterplans; Paya Lebar, Geylang Urban Design Guidelines Boundary, Kallang River, CBD and Greater Southern Waterfront. Shophouse Investment Potential • Dual-unit property: (ground floor) + (upper floor), ideal for mixed-use. • Ground floor suitable for commercial operations (retail, office, or service business). • Upper floor currently residential for owners' workers— potential for future change of use subject to URA approval. • Strong long-term capital appreciation in Geylang area due to ongoing urban planning and redevelopment. Flexible Usage • Commercial + residential combination offers multiple revenue streams: o Rental income from ground floor shop/office. o Residential rental upstairs, or potential conversion to additional commercial space. • Investors can leverage flexibility for entrepreneurs, small businesses, or owner-occupiers. Well-Defined Property Features • Land area: (1,159 sqft), efficient layout across two storeys. South Facing. • Existing shophouse structure ideal for immediate occupation or rent. • Dual access points Strong Investment Highlights • Low-risk, tangible asset in a sought-after precinct. • Opportunity to unlock potential value via URA-approved change of use in the future. • High foot traffic and visibility for business operators. • Potential for diversified income streams: commercial + residential. *Over S$600,000 savings from GST and ABSD (subject to authorities' approval, due to Commercial and Institution Zoning).
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Total Transactions
4
Average Price
S1.2M
Total Value
S4.8M


License: L3002382K