Hi, I am looking for a FB commercial property with good rental yield on the East Side. My budget is about $550K. Any good recommendations to consider I have an initial cash position of about $100K. Preferably 999 or freehold. | PropertyGuru

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Hi, I am looking for a F&B commercial property with good rental yield on the East Side. My budget is about $550K. Any good recommendations to consider? I have an initial cash position of about $100K. Preferably 999 or freehold.

Posted by James on Feb 19, 2012 in Commercial Property - Retail Space | 247 Views

Latest Answers by Real Estate Professionals (5 Answers)

George Ang

Contact Agent orangearrow

Answer Posted on Feb 21, 2012

Hi James,

My team focus mainly on commercial properties which might interest with our wide exposure and most up-to-date information, trends and criteria for commercial property investment. I'll be glad to have a discussion with you to narrow down your search and meet your requirements which will not take up your valuable time to view developments that you're not keen.

Looking forward to hearing from you.

Thank you, regards
George Ang
CEA Regn No : R044121C
Mobile : 98168307
E-mail : george@dreamloft.com.sg
Remax-Commercial

Alan Low

Contact Agent orangearrow

Answer Posted on Feb 20, 2012

Hi James,

With your budget you can buy a industrial property with
Nett $6000 cash return after paying off your monthly mortgage and maint fees.

I have a listing in the east with the above Excellent return.

If you are keen, I can be reached at 91465252.

Thanks,

Alan Low
Propnex

Mabel Neo

Contact Agent orangearrow

Answer Posted on Feb 20, 2012

Hi Mr James,
We have a new launch around Upper Changi Road vicinity. Freehold Mixed Development comprising 108 units of comercial retail/F&B/Supermarket as well as 90 units of Residential units. Kindly contact Mabel at 9296-8097 or mabelneo@yahoo.com.sg for further discussion.

Joseph Ong Chee Chuan

Contact Agent orangearrow

Answer Posted on Feb 19, 2012

Hi,

Regard to your question. Why not you just drop me an email at joe2ong@yahoo.com.sg or give me a call or sms at 97834542 so I can assist you
New launch at Bedok Market Place.
Rgds
Joseph, Kf
CEA Reg No. R018889E
Shalom

Yian Tay

Contact Agent orangearrow

Answer Posted on Feb 19, 2012

Hi James, your budget can probably facilitate the purchase of non F&B retail space, but a very small one if you are looking at Freehold. Freehold retail space in the east is at least $2000 psf, like at Katong Shopping Center.

I have a unit there going for $780K.

with your initial cash input, you should consider a Light industrial which will give you an immediate positive cash flow. Good Freehold retail space come at a hefty price tag, although it is a good long term investment.

Should you wish to discuss further, you can email me at yiantay.era@gmail.com

Cheers,
Yian Tay
CEA Regn No - R027190C
Mobile: 82884499

Visit my website - www.hot-property.sg (for news, opinions & property listings)

B.Com (banking and finance),
Pgdip (ecommerce & emarketing)
ERA Realty Network Pte Ltd
[Estate Agent Licence No. L3002382K]

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