New

145 UPPER PAYA LEBAR ROAD

$13,000,000 ($2,642 psf) [Negotiable]

  • Upper Paya Lebar Road, 534848, D19

  • 4,921 sqft (457 sqm)

Agent Information

Rash

#R069037C

RASHIDI.SAIDI@PROPNEX.COM

+65 98480951

Property Details

  • Listing Type

  • Property Group

  • Property Type

  • District

  • Floor Area

  • SALE

  • Retail

  • Food & Beverage

  • D19

  • 4921

  • Furnishing

  • Tenure

  • Floor

  • Post Code

  • Street Name

  • Unfurnished

  • Freehold

  • Ground Floor

  • 534848

  • Upper Paya Lebar Road

Description

🏮 Rare Freehold Corner Shophouse Along Upper Paya Lebar Road
Asking $13M | Motivated Seller | Serious Offers Considered

A rare opportunity to acquire a freehold corner shophouse in the highly sought-after Upper Paya Lebar / Tai Seng precinct. Positioned prominently with dual frontage and excellent visibility, this asset offers both immediate rental income and long-term capital preservation.

⭐ Why Investors Love This Property

✅ Freehold tenure – own a scarce asset forever
✅ Corner plot with excellent exposure
✅ Residential with Commercial at 1st Storey zoning
✅ Approx. 4,921 sqft built-up area
✅ Strong rental income of $35,000/month (~$420,000/year)
✅ Walking distance to Tai Seng MRT and minutes to KPE
✅ Located within an established mixed-use enclave surrounded by industrial and residential catchments
✅ Asset enhancement potential and future upside in a land-scarce district

💰 Income-Producing Asset
Level 1 (Commercial)
* Rental: $25,000 GST
* Outdoor Refreshment Area (ORA): $3,300
* Yearly Betterment Fee for ORA: $38,900

Level 2 (Residential)
* Rental: $10,000 (inclusive of GST)

Total Rental Income
$35,000/month

📍 Strategic City-Fringe Location
Situated just minutes from:
* Tai Seng MRT Station
* Kallang-Paya Lebar Expressway (KPE)
* Paya Lebar Commercial Hub
* Bartley and MacPherson industrial clusters
* CBD approximately 8.4km away

🏆 An Asset Class Built for Generations
Freehold shophouses are among Singapore’s most resilient wealth-preservation assets. With limited supply and strong tenant demand, they continue to attract family offices, business owners and long-term investors seeking:
✔ Capital appreciation
✔ Inflation hedge
✔ Legacy wealth planning
✔ Stable rental returns
✔ Scarcity value

⚠️ Usage Restrictions
No massage establishments/spa, bar, nightclub, restaurant with live music, backpackers’ hostel, hotel, serviced apartment, students’ hostel, workers’ dormitory or religious use.
Residential component is subject to ABSD.

Motivated Seller | Serious Offers Welcome

☎️ Don’t Rush! Call Rash!
📱 9848 0951

🤝 Co-broke Welcome
“Own a piece of Singapore’s limited freehold shophouse market — an asset to preserve, perform and pass on for generations.”

Location