>4.6% SUPER HIGH YIELD NO GST in Upp Boon Keng!
18 Upper Boon Keng Road
S$ 2,499,999
Negotiable
1,323
sqft
S$ 1,889.64
psf
830 m (10 mins) from EW10 Kallang MRT Station
840 m (10 mins) from DT24 Geylang Bahru MRT Station
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About this property
Corner HDB Shophouse! Cat-1 Spa Tenanted, 4.6% Yield, No Gst
A corner HDB shophouse on Upper Boon Keng with a rare Cat-1 spa/massage licence and a
signed tenancy — income from day one, and no GST on the purchase.
✦ Tenanted at $10,000/mo on a signed lease to 2029 — ~4.6% gross yield from completion.
✦ Cat-1 spa/massage licence in place — tightly controlled, genuinely hard to replicate.
✦ Corner unit, dual frontage — and NO shopping mall within walking distance, so the ~101,000
residents in the Kallang catchment rely on these shophouses for daily needs. That's what
drives ~15,000 weekday commuters past the door within 400m.
✦ ~16 min to Raffles Place by MRT (Kallang stn), inside URA's transforming Kallang —
Kallang Alive, Kampong Bugis, the Kallang River corridor.
✦ HDB shophouse = no GST. ABSD applies only to the small living-quarters portion, not the shop.
$2,588,000 — an income-and-licence play, not a land play. Verify lease, licence & tax in DD.
SEO KEYWORDS
Upper Boon Keng shophouse, HDB shophouse for sale, Cat-1 spa licence, Kallang commercial
shophouse, tenanted shophouse Singapore, no GST commercial, high footfall shophouse, 4.6% yield
signed tenancy — income from day one, and no GST on the purchase.
✦ Tenanted at $10,000/mo on a signed lease to 2029 — ~4.6% gross yield from completion.
✦ Cat-1 spa/massage licence in place — tightly controlled, genuinely hard to replicate.
✦ Corner unit, dual frontage — and NO shopping mall within walking distance, so the ~101,000
residents in the Kallang catchment rely on these shophouses for daily needs. That's what
drives ~15,000 weekday commuters past the door within 400m.
✦ ~16 min to Raffles Place by MRT (Kallang stn), inside URA's transforming Kallang —
Kallang Alive, Kampong Bugis, the Kallang River corridor.
✦ HDB shophouse = no GST. ABSD applies only to the small living-quarters portion, not the shop.
$2,588,000 — an income-and-licence play, not a land play. Verify lease, licence & tax in DD.
SEO KEYWORDS
Upper Boon Keng shophouse, HDB shophouse for sale, Cat-1 spa licence, Kallang commercial
shophouse, tenanted shophouse Singapore, no GST commercial, high footfall shophouse, 4.6% yield
Estimated mortgage
Mortgage breakdown
Est. monthly repayment
S$ 0 / mo
S$ 0 Principal
S$ 0 Interest
Upfront costs
Total downpayment
S$ 0
Downpayment
S$ 0 Loan amount at 0% Loan-to-value
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FAQs
The sale price of this unit at >4.6% SUPER HIGH YIELD NO GST in Upp Boon Keng! is S$ 2,499,999.
Current PSF at >4.6% SUPER HIGH YIELD NO GST in Upp Boon Keng! is about S$ 1,889.64 psf.
The estimated loan repayment is S$ 9,548 / mo.
>4.6% SUPER HIGH YIELD NO GST in Upp Boon Keng! is located at 18 Upper Boon Keng Road Farrer Park / Serangoon Rd .
Floor size of this unit at >4.6% SUPER HIGH YIELD NO GST in Upp Boon Keng! is 1,323 sqft.
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