If you’re looking for a unique investment opportunity, consider the three 999-year conservation shophouses at 209, 211, and 213 Jalan Besar, now on the market for a combined price of $42 million. This equates to approximately $2,945 per square foot, making it an attractive proposition for those keen on real estate investment in Singapore.
The total combined land area is 5,646 square feet, with a total floor area of 14,262 square feet, providing ample space for various business ventures.
What makes these shophouses particularly appealing is their versatility. They come with varying usage approvals, including options for restaurants, offices, and even a temporary massage and spa approval for one of the units. This flexibility allows you to explore multiple business models, catering to the diverse needs of the growing population in the area.
Whether you’re inclined toward the food and beverage sector or office spaces, these properties can accommodate your aspirations.
Located within the Desker Road conservation area, these shophouses boast significant street frontages that enhance their visibility and market appeal. In a bustling area like Jalan Besar, being seen is crucial, and these properties certainly deliver on that front.
The street-level presence can attract foot traffic, which is vital for any retail or dining establishment. With the right branding and marketing, you can turn these shophouses into thriving businesses.
The Jalan Besar area is also witnessing heightened investor interest. Compared to shophouses in the Central Business District (CBD), these properties offer more reasonable pricing, making them a compelling choice for investors.
Recent sales in the area show a growing trend in acquisitions, which reflects the confidence that investors have in the future potential of this vibrant locale. You’re not just investing in real estate; you’re stepping into a community poised for growth.
Moreover, with over 3,000 new public and private homes expected to complete in the vicinity within the next three years, the demand for retail and F&B spaces is likely to surge.
More residents mean more potential customers for your business. This influx can significantly enhance the profitability of your investment, providing the right conditions for success.
NEW CONDO LAUNCH: BLOOMSBURY RESIDENCES
Bloomsbury Residences is a promising new condo launch situated near Jalan Besar, designed to appeal to both residents and investors.
The project offers a variety of Bloomsbury Residences floor plan, ensuring a suitable option for everyone.
With an anticipated launch date approaching, potential buyers can explore detailed Bloomsbury Residences Project Information and Bloomsbury Residences price list through the Bloomsbury Residences e-brochure.
This development is set to benefit from its strategic location near upcoming MRT stations, contributing to its attractiveness in the vibrant neighborhood.
View Bloomsbury Residences Showflat & Get VVIP Discount. Register or contact 6100 8822 to book showflat appointment.
News Source: Edgeprop
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