59 New Upper Changi Road

59 New Upper Changi Road Bedok / Upper East Coast (D16)See on Map

Shop / Shophouse

S$ 2,999,999

Starting From

1,518 sqft

S$ 1,976 psf


About this property

Rare Shophouse For Sale, High Foot Fall, High Rental, Reputable Tenant

Are you looking for a secure and profitable investment opportunity in Singapore? Consider investing in an HDB shop!

HDB shops are commercial properties located within public housing estates in Singapore. They are highly sought after due to their convenient location and affordability compared to commercial properties in other parts of the city.

Investing in an HDB shop can be a smart move for several reasons. Firstly, the demand for commercial properties in Singapore is always high, and owning an HDB shop means that you can enjoy a steady rental income. Secondly, as the population in Singapore continues to grow, so does the demand for commercial spaces, which means that the value of HDB shops is likely to appreciate over time. Thirdly, HDB shops have lower maintenance and operating costs compared to other commercial properties, making them a more affordable investment option.

Moreover, HDB shops are usually situated in areas with high foot traffic, such as near bus stops or MRT stations, which can further increase their value and appeal to tenants. They also come with the added advantage of being able to serve the local community, providing a steady stream of customers.

Investing in an HDB shop also offers you the opportunity to diversify your investment portfolio. With the potential for rental income and capital appreciation, an HDB shop investment can be a stable and profitable addition to your investment strategy.

In conclusion, investing in an HDB shop in Singapore can be a wise decision for those seeking a secure and profitable investment opportunity. With their convenient location, low maintenance costs, and potential for rental income and appreciation, HDB shops are an attractive investment option that can help diversify your portfolio and provide long-term financial benefits.

More details

Property Type
Shop / Shophouse For Sale
Floor Size
1518 sqft
PSF
S$ 1,976.28 psf
Currently Tenanted
Until 30 Jun 2025
Developer
Housing & Development Board (HDB)
TOP
1977
Tenure
99-year Leasehold
Listed On
18 May 2024
Listing ID
24736142
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Amenities
Air-Conditioning

About the location

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Frequently Asked Questions

The sale price of this unit at 59 New Upper Changi Road is S$ 2,999,999.
Current PSF at 59 New Upper Changi Road is about S$ 1,976.28 psf.
59 New Upper Changi Road is located at 59 New Upper Changi Road Bedok / Upper East Coast East Coast (D15-16).
Floor size of this unit at 59 New Upper Changi Road is 1518 sqft.
59 New Upper Changi Road is a 99-year Leasehold property.