The Promenade @ Pelikat

183 Jalan Pelikat

S$ 458,000


sqft

236

sqft

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S$ 1,940.68

psf


810 m (10 mins) from NE13 Kovan MRT Station


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Property details

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Shop / Shophouse for sale
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Partially fitted
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TOP in Dec 2016
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Freehold tenure
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Listed on 6 Aug 2026
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Listing ID - 500225641

About this property

Rare Freehold Commercial 236 sqft Shop for Sale in the Heart of Kovan

NO ABSD, NO SSD, NO GST

IMMEDIATE INCOME: TENANTED @ $1,400/MTH or 3.6% GROSS YIELD!!!

INVESTOR ALERT! FREEHOLD COMMODITY UNDER $500K!

WHY THIS IS THE ULTIMATE LOW-ENTRY INVESTMENT:

LOW QUANTUM: Entry under $500k is unheard of for freehold commercial space.

TAX-EFFICIENT: No ABSD, No SSD, No GST. Keep your cash, maximize your returns.

LOCATION: High potential in a developing, established enclave like Kovan.

FREEHOLD: Capital appreciation over generations.

IMMEDIATE INCOME: Collect rent the moment you become the owner.


This unique opportunity will not last. This price point + yield + freehold status + no ABSD is a investor's dream.

STOP WAITING. Make your money work for you immediately. DM or WhatsApp me now.

Highly Functional Unit with Efficient Layout and High Floor-to-Ceiling Height (no payable void area for high ceilings) allows vertical space optimization for high-tier display shelving, storage lofts, or bespoke studio setups.

Equipped with individual air-conditioning and an internal floor trap, expanding operational versatility for boutique services, offices, or specialty retail.

Prominent Glass Frontage with wide, clear glass display providing maximum visual exposure to passing shoppers

Versatile Business Potential that is ideal for a wide spectrum of light commercial uses, including:Service & lifestyle trades (e.g., hair/nail salons, facial spa, tailoring, organic specialty stores)Professional agency offices (e.g., tech start-ups, design studios, pet salons, tuition / enrichment, e-commerce pick-up hubs and boutique product showrooms, etc.

Located within walking distance of Kovan MRT Station (North-East Line), convenient access via major arterial roads (Hougang Ave 1) and expressways (KPE, CTE, PIE). Ample parking facilities within the development and adjacent HDB car parks ensure hassle-free accessibility for visitors and clients.

No ABSD, No SSD, no Commission.

Call to view:

Kiwi Lim (PropNex)
Amenities
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Air conditioner

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Bicycle parking

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Cctv security

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Covered car parking

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

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The Promenade @ Pelikat

Project Image

The Promenade @ Pelikat is a Freehold commercial property located at 189, Jalan Pelikat, 537646 in District 19. The Promenade @ Pelikat is primarily used for Shop/Shophouse rental and sale. The Promenade @ Pelikat is close to Kovan MRT (NE13). The Promenade @ Pelikat is near to several bus stops located at Hougang Avenue 1, Lorong Ah Soo Community Club/Centre - 63289, Hougang Avenue 1, Opp Aljunied Kembangan Community Club/Centre - 63281, Hougang Avenue 1, BLK 239 - 63271 and Hougang Avenue 1, BLK 239 - 63271. Amenities near The Promenade @ Pelikat The Promenade @ Pelikat is near to several eateries located at nearby buildings such as 118 Hougang Ave 1, BLK 105 Hougang Market & Food Centre and BLK 106 Food Point. The Promenade @ Pelikat is within reasonable distance to Cold Storage and Shop N Save Supermarkets. It is also close to Heartland Mall, Upper Serangoon Shopping Centre and ICB Shopping Centre for an array of amenities such as grocery and retail shopping, banks and more. The Promenade @ Pelikat is accessible via Jalan Pelikat and Jalan Samarinda.

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FAQs

The sale price of this unit at The Promenade @ Pelikat is S$ 458,000.
Current PSF at The Promenade @ Pelikat is about S$ 1,940.68 psf.
The estimated loan repayment is S$ 1,749 / mo.
The Promenade @ Pelikat is located at 183 Jalan Pelikat Hougang / Punggol / Sengkang Serangoon / Thomson (D19-20).
Floor size of this unit at The Promenade @ Pelikat is 236 sqft.
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