Rare 999-Year Commercial Shophouse | Existing Backpacker Hostel Use | Prime Investment Opportunity

S$ 28,000,000


sqft

8,984

sqft

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S$ 3,116.65

psf


180 m (2 mins) from DT22 Jalan Besar MRT


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Property details

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Shop / Shophouse for sale
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Partially fitted
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999-year lease
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Listed on 23 Jun 2026
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Listing ID - 500127553
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8,984 sqft floor area

About this property

Rare 999-Year Commercial Shophouse High Yield 3.5%

High Rental Yield 3.5%

Exceptional opportunity to acquire a rare 999-year commercial shophouse with existing temporary backpacker hostel use.

Property Highlights:

* 999-year tenure
* Commercial zoning under Masterplan 2025
* Existing 3-storey shophouse
* Existing backpacker hostel use
* Rare long-tenure city asset
* Ideal for investors / owner-operators / repositioning potential

A scarce heritage-style commercial property with strong long-term value and multiple upside angles.

All areas are approximate and subject to final survey. Subject to authorities’ approvals where applicable.
Amenities
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Air conditioner

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S$ 0 Loan amount at 0% Loan-to-value

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FAQs
The sale price of this unit at Rare 999-Year Commercial Shophouse | Existing Backpacker Hostel Use | Prime Investment Opportunity is S$ 28,000,000.
Current PSF at Rare 999-Year Commercial Shophouse | Existing Backpacker Hostel Use | Prime Investment Opportunity is about S$ 3,116.65 psf.
The estimated loan repayment is S$ 106,941 / mo.
Rare 999-Year Commercial Shophouse | Existing Backpacker Hostel Use | Prime Investment Opportunity is located at Farrer Park / Serangoon Rd City & South West (D01-08).
Floor size of this unit at Rare 999-Year Commercial Shophouse | Existing Backpacker Hostel Use | Prime Investment Opportunity is 8,984 sqft.
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