8 Lorong 7 Toa Payoh
Balestier / Toa Payoh
S$ 2,180,000
Negotiable
1,399
sqft
S$ 1,558.26
psf
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About this property
2-Storey Prime HDB Shophouse In Toa Payoh With Strong Rental Yield!
- Strategically located in the high-traffic Toa Payoh neighbourhood.
- Total size 1,399 sqft, comprising 1st floor shop 753sqft + 2nd floor living quarters 646sqft.
- Strong valuation at $2.3mil (Residential $300,000 + Non-Residental $2,000,000).
- Sale with tenancy: high rental returns of $8100 per month with tenancy lease till mid-2028.
- Persistently High Occupancy Rate (observed at >90%) amongst the shophouses in the area due to dense HDB residential estate, ensuring a consistent and captive customer base.
- Excellent connectivity to public transport, including Toa Payoh MRT and Braddell MRT.
- Coffeeshop and Supermarkets within short walking distance.
- Leasehold 75 years commencing 1/7/1994 (43 years left).
This is a rare opportunity to acquire a high-visibility commercial asset in a mature heartland hub. Offered at a competitive price of S$2,180,000 with terms open for negotiation for serious investors. Buy now, and treat this as your trusted ATM machine from which to draw stable monthly income for the next 43 years!
Contact me for a discussion and viewing today!
- Total size 1,399 sqft, comprising 1st floor shop 753sqft + 2nd floor living quarters 646sqft.
- Strong valuation at $2.3mil (Residential $300,000 + Non-Residental $2,000,000).
- Sale with tenancy: high rental returns of $8100 per month with tenancy lease till mid-2028.
- Persistently High Occupancy Rate (observed at >90%) amongst the shophouses in the area due to dense HDB residential estate, ensuring a consistent and captive customer base.
- Excellent connectivity to public transport, including Toa Payoh MRT and Braddell MRT.
- Coffeeshop and Supermarkets within short walking distance.
- Leasehold 75 years commencing 1/7/1994 (43 years left).
This is a rare opportunity to acquire a high-visibility commercial asset in a mature heartland hub. Offered at a competitive price of S$2,180,000 with terms open for negotiation for serious investors. Buy now, and treat this as your trusted ATM machine from which to draw stable monthly income for the next 43 years!
Contact me for a discussion and viewing today!
Estimated mortgage
Mortgage breakdown
Est. monthly repayment
S$ 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 8 Lorong 7 Toa Payoh is S$ 2,180,000.
Current PSF at 8 Lorong 7 Toa Payoh is about S$ 1,558.26 psf.
The estimated loan repayment is S$ 8,326 / mo.
8 Lorong 7 Toa Payoh is located at Balestier / Toa Payoh Balestier / Toa Payoh Balestier / Geylang (D12-14).
Floor size of this unit at 8 Lorong 7 Toa Payoh is 1,399 sqft.
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