New

People's Park Centre

$1,360,000 ($3,009 psf)

  • Upper Cross Street, 058357, D01

  • 452 sqft (42 sqm)

Agent Information

Valerie Tan

#R062309E

VALERIE.TANCY@PROPNEX.COM

+65 94520204

Property Details

  • Listing Type

  • Property Group

  • Property Type

  • District

  • Floor Area

  • TOP

  • SALE

  • Retail

  • Mall Shop

  • D01

  • 452

  • 1976

  • Furnishing

  • Tenure

  • Floor

  • Post Code

  • Street Name

  • Unfurnished

  • 99-year Leasehold

  • Low Floor

  • 058357

  • Upper Cross Street

Description

**Prime Investment Opportunity at People's Park Centre**

Discover an exceptional investment opportunity with this retail space located in the heart of District 01, Singapore. Situated within People's Park Centre, this mall shop offers a strategic position on Upper Cross Street.. With a price of SGD 1,360,000, 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.

Location