People's Park Centre
Upper Cross Street
S$ 1,360,000
452
sqft
S$ 3,008.85
psf
80 m (1 min) from NE4/DT19 Chinatown MRT
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About this property
High Rental Yield Retail Unit with Water Point
Discover an exceptional investment opportunity with this retail space located in the heart of District 01. Situated within People's Park Centre, this mall shop offers a strategic position on Upper Cross Street. With a price of SGD1,360,000, the property promises a high rental yield of over 5%, making it an attractive option for investors seeking substantial returns. The property's significant construction year of 1976 and its established presence in the area enhance its appeal.
This retail unit is available for sale with a long tenancy offering stability and sustained income potential. Notably, investors can enjoy the advantage of no Additional Buyer's Stamp Duty (ABSD), maximizing your investment's profitability. The property is currently under long tenancy, ensuring immediate rental income, which is a crucial factor for investors aiming for consistent cash flow.
People's Park Centre is strategically positioned in a prime location with high foot traffic, enhancing the visibility and business potential for retail tenants. As an investor, this translates to a solid opportunity to capitalize on the dynamic retail market in one of Singapore's most bustling districts. Seize this chance to invest in a property that combines affordability, high rental yields, and long-term growth potential.
Please contact Valerie for more info and viewing.
Valerie Tan
9.4.5.2.0.2.0.4
Common facilities
Car park
Estimated mortgage
People's Park Centre
People's Park Centre is a commercial property located at 101 Upper Cross Street, Singapore 058357 in District 01. This commercial space is primarily used for Office and Mall Shop rental and sale. People's Park Centre is close to Chinatown MRT Station, Clarke Quay MRT Station and Outram Park MRT Station. It is near several bus stops located Bus Stop People's Park Centre - 05022, Bus Stop Chinatown Pt - 05049 and Bus Stop Opp Subordinate Court - 06171. You can also see from the map above how to get there via other means of transport. Amenities near People's Park Centre People's Park Centre is near to Coleurs Pte Ltd and Cold Storage China Square. It is close to China Square Central and Central Mall for an array of amenities such as grocery and retail shopping, banks and more. People's Park Centre is also close to several eateries such as, 189 New Bridge Road, Morning Star Food Court and Kopitiam (South Bridge Court).
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