Geylang Road, Aljunied, Central Region, Singapore
$36,000,000
*** 3 Commercial Shophouses in Geylang Road for Sales *** Call Real Estate Professional Alvin @ Charm Properties LLP at +65 8166XXXX for a presentation now. Geylang Road is a historic area in Singapore, known for its rich cultural heritage and vibrant history. The shophouses along Geylang Road, with their distinctive architectural styles, reflect the area's multicultural heritage. The Architecture in Geylang is characterized by a mix of styles, including Late, Transitional and Art Deco shophouses. These buildings often feature ornate facades, intricate tilework, and colourful decorations, which are typical of Singapore's Peranakan culture. Many of these shophouses were built between the 1900s and 1940s and have been preserved. In recognition of its historical and cultural significance, the URA of Singapore designated Geylang as a conservation area. According to URA's Master Plan 2019, Geylang is slated for continued conservation and development that respects its historical context. The plan emphasizes the importance of balancing conservation with modernization. Highlights of these 3 Shophouses: 1. Rare Adjoining Shophouse with the Best Yielding Asset Class 2. Freehold Commercial with No ABSD / SSD 3. Rare Shophouse Approved Residential Apartments 4. Land Betterment Charge Prepaid 5. No Setback 6. 8 minutes walk to MRT 7. Huge Growth Potential These 3 Shophouses have approved usage of nightclub, Karaoke Lounge and Restaurant - the most sought after licenses for achieving the highest rental yields in commercial properties without vices. Post A&A, this site will yield: 1. 532.23 sqm of Shop 2. 478.90 sqm of Residential 3. Remaining are common area Total GFA : 1,200.8 sqm (12,925 sqft) Does not include the 4 carpark lots and the roof terrace. The asking price will be $36m. All government approval has been obtained and this project aims to complete within 18 to 24 months by around mid 2026. This is definitely a rare gem for acute investor who has the foresight to see the tremendous payback within a short runway. Call Alvin Charm @ +65 8166XXXX for a presentation sharing now. Charm Properties LLP Agency License : L3010995C ACRA License : T23LL0454A Office : +65 6522XXXX Email : sales@charm-properties.com We are a 100% commission Estate Agency Let Your Dream Come Home
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Total Transactions
14
Average Price
S906K
Total Value
S12.7M


License: L3010995C
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