Joo Chiat road
S$ 11,500,000
4,368
sqft
S$ 2,632.78
psf
760 m (9 mins) from TE26 Marine Parade MRT
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Property details
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About this property
Rare high yield Joo Chiat Freehold shophouse For Sale! No ABSD!
Rare Freehold Joo Chiat Shophouse with High Yield & 4-Storey Rear Extension
Joo Chiat Road | District 15
Guide Price: $11.5M | ~2,633 PSF
⸻
Investment Highlights
• Freehold 2-storey with attic and 4-storey rear extension
• Approx. 4,368 sqft built-up | 1,456 sqft land
• Multi-tenant configuration (5–6 units)
• Estimated ~2.7% yield – strong for this stretch
• Sold with existing tenants (immediate income)
⸻
Why This Property Stands Out
• Fully maximised GFA – no need for costly rear extension (saves on LBC and construction)
• Efficient layout with side staircase for optimal usable space
• High ceilings suitable for various commercial uses
• Rare wide rear alley with vehicle access for easy loading and unloading
• Parking available directly in front plus public carpark just a minute away
⸻
Prime Katong–Joo Chiat Location
• Located within Singapore’s iconic heritage enclave
• Recognised as one of the “World’s Coolest Streets 2025” by Time Out
• Surrounded by popular cafes, restaurants and lifestyle brands
Nearby amenities include Katong Point, i12 Katong, and is approximately 6–8 minutes’ walk to Marine Parade MRT Station
⸻
Growth & Upside
• Part of URA’s Historic East Identity Corridor
• Ongoing area enhancements to drive footfall and long-term vibrancy
• Fewer than 7,000 shophouses in Singapore
• No Additional Buyer’s Stamp Duty (ABSD) for foreign buyers (commercial asset)
⸻
Tenant Profile
• Established tenant mix including lifestyle retail, healthcare, beauty and fitness
• Long-standing tenants providing stable recurring income
⸻
Ideal For
• Investors seeking stable yield with capital appreciation
• Foreign buyers and family offices
• End-users looking for a prime heritage asset
⸻
Enquire Now
Exclusive Marketing Agent: Jesmond Lee
Everton Estate Pte Ltd
Joo Chiat Road | District 15
Guide Price: $11.5M | ~2,633 PSF
⸻
Investment Highlights
• Freehold 2-storey with attic and 4-storey rear extension
• Approx. 4,368 sqft built-up | 1,456 sqft land
• Multi-tenant configuration (5–6 units)
• Estimated ~2.7% yield – strong for this stretch
• Sold with existing tenants (immediate income)
⸻
Why This Property Stands Out
• Fully maximised GFA – no need for costly rear extension (saves on LBC and construction)
• Efficient layout with side staircase for optimal usable space
• High ceilings suitable for various commercial uses
• Rare wide rear alley with vehicle access for easy loading and unloading
• Parking available directly in front plus public carpark just a minute away
⸻
Prime Katong–Joo Chiat Location
• Located within Singapore’s iconic heritage enclave
• Recognised as one of the “World’s Coolest Streets 2025” by Time Out
• Surrounded by popular cafes, restaurants and lifestyle brands
Nearby amenities include Katong Point, i12 Katong, and is approximately 6–8 minutes’ walk to Marine Parade MRT Station
⸻
Growth & Upside
• Part of URA’s Historic East Identity Corridor
• Ongoing area enhancements to drive footfall and long-term vibrancy
• Fewer than 7,000 shophouses in Singapore
• No Additional Buyer’s Stamp Duty (ABSD) for foreign buyers (commercial asset)
⸻
Tenant Profile
• Established tenant mix including lifestyle retail, healthcare, beauty and fitness
• Long-standing tenants providing stable recurring income
⸻
Ideal For
• Investors seeking stable yield with capital appreciation
• Foreign buyers and family offices
• End-users looking for a prime heritage asset
⸻
Enquire Now
Exclusive Marketing Agent: Jesmond Lee
Everton Estate Pte Ltd
Amenities
24-hour access
Air-conditioning
Estimated mortgage
Mortgage breakdown
Est. monthly repayment
S$ 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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Recommendations
FAQs
The sale price of this unit at Joo Chiat road is S$ 11,500,000.
Current PSF at Joo Chiat road is about S$ 2,632.78 psf.
The estimated loan repayment is S$ 43,922 / mo.
Joo Chiat road is located at East Coast / Marine Parade .
Floor size of this unit at Joo Chiat road is 4,368 sqft.
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