{"tourImage":"https://cdn.treedis.com/tours/64096/images/34ed5e84-03e4-405d-be63-9dbccf1bded3_small.jpg","title":"Geylang Shophouse","website":"3d.vthere.sg","description":"","fbPixel":null,"faviconUrl":"https://cdn.treedis.com/users/645/favicon.png?v=054707","htmlCode":null,"charset":"utf-8","ticketing":{"ticketingGeneral":{}},"tourId":64096,"ticket":false,"fbAppId":null,"tourData":{"tour":{"title":"Geylang Shophouse","matterId":"7vxuR5t84cv","status":"ready","unitSystem":"metric","assetPageType":"classic","isSample":false,"textChatEnabled":false,"favoriteOfClient":false,"id":64096,"tourProvider":"Matterport","password":null,"analyticsPassword":null,"address":null,"mainImage":"34ed5e84-03e4-405d-be63-9dbccf1bded3.jpg","scannedAt":"2023-07-14T06:50:59.735Z","internalAddress":null,"size":287.9,"enableIot":false,"beds":0,"cars":0,"showers":5,"price":null,"assetDescription":null,"accomodation":"Shophouse","vrUrl":null,"summary":"

Value For Money, Restored Shophouse For Sale at 769 Geylang Road

Just a few doors away, an unrestored freehold, 2-storeys shophouse with a plot ratio of 3 that has the potential to build up to 4 storeys, original condition, land size 1093 / built 2000 sqft est, was recently transacted for S$5 million in 2023, working out to be S$2500/psf based on gross floor area (GFA).

The featured freehold, front 2 storeys with an attic and a rear 4 storeys shophouse, land size of 1087 / built 3099 sqft est, priced at S$8 million is approximately S$2581/psf based on estimated gross floor area (GFA), has undergone a comprehensive restoration. Every detail has been meticulously restored from the inside out, including waterproofing works from the exterior roof to the ground and a new toilet facility on every level.

Near the PLQ, Paya Lebar regional business node, (CC9/EW8) MRT-Interchange station, the shophouse is ready to welcome a new owner for own business usage, partial rent income, preserve wealth to hedge against inflation, and to start witnessing the asset capital appreciation.

Countless inquiries and offers to rent, the highest offer by an ID firm, S$13,000/month subject to GST, was rejected.

Foreigners can buy; no Additional Buyer Stamp-Duty (ABSD) is payable.

Check out the 3D virtual tour; call for an appointment to review the comparative market analysis (CMA), 18 sales sites on the main road: +65 81290009

Appointed Sales & Leasing Representative:

店屋‘小妹' 朱秋霖
Gracelynn Zhu Qiu Linn
微信: ShophouseGracelynn
www.ShophouseForSale.com

Shophouse Gracelynn conducts mid/long-term investment SWOT analysis for every commercial-zoned shophouse in Singapore based on evidential facts, authenticity, and no hype/plagiarism. It also provides shophouse AEI solutions to customers.

Certified Commercial Realtor with a personal track record facilitating over 200 commercial leases and 50 shophouse sales & purchase transactions.
CEA RegNo. R030126H/L3008022J

Last updated on 15 April 2024

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