Tampines Street 44, Tampines East, East Region, Singapore
$2,680,000
Presenting a rare opportunity to own one of Singapore’s limited privately owned HDB shophouses. With only around 8,500 such units islandwide, these properties are highly sought-after by investors looking for stable rental income and long-term capital preservation. This spacious 1,701 sqft shophouse offers a strong investment profile with a tenanted unit generating approximately 4% gross rental yield. Under the old HDB shophouse lease regime, this property enjoys a remaining lease of approximately 66 years, significantly longer than the newer 30-year commercial tenures — providing better long-term value for investors. Property Highlights • Total Size: 1,701 sqft • Ground Floor Commercial: ~807 sqft • Level 2 Living Quarters: ~893 sqft • Tenanted with reputable tenant • Estimated Gross Rental Yield: 4% The layout also offers flexibility for future asset enhancement. The ground floor commercial space may potentially be subdivided, while the upper-level living quarters can continue as residential rental or apply for change of use (subject to HDB approval). Excellent Amenities & Connectivity Located in a vibrant neighborhood with strong community footfall and convenience: • Walking distance to Tampines East MRT Station • Near Temasek Junior College and Dunman Secondary School • Close to NTUC FairPrice • Nearby Tampines East Community Club • Easy access to Pan Island Expressway • Surrounded by everyday amenities including preschools, music schools, medical halls, salons and neighborhood retail • In close proximity to All Saints Home With its strong community presence, consistent tenant demand, and rarity in supply, this property represents a compelling addition to any investor’s portfolio.
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License: L3008022J
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