'Shophouse', Airwell, Macritchie,Foreigner Can Buy (D20)
Always wanted a conservation shophouse but put off by their crazy prices ?
Or you cannot buy a landed property as a foreigner?
Now you can buy this rare landed unit even as a foreigner ! ( yes,this property is special ) , and at $1.81m or $750 psf only.
This 99-year leasehold property is like a shop house but modernised. It has a central airwell and is in a quiet estate near macritchie / thomson plaza.
It has a great open-plan design with many interesting touches ( the tiles at the airwell/ fountain are from a demolished 200 yr old house in china ).
Is it an investment ?
This is an enbloc potential property.
** this property is sitting on land that is zoned 'commercial/ plot ratio 3.0' in the latest ura master plan. Ie the site can be redeveloped into retail/ office/ medical suites. Ie it's potential enbloc value can be very significant. **
note: retail space in the locality is currently selling at $2500 to $4000 psf vs the $808 psf that you are paying for this property. Can you think of another property that gives you this potential to gain while offering you a really interesting premises to stay?
- 2- storey/ 3brms/ 2411 sq ft strata floor area ( huge storage basement area not included ).
- 5 min's walk to thomson plaza & buses.
- near marymount and bishan mrt.
- easy access to the french & australian schools etc.
The photos show it with and without owner's own furniture ( a few pieces may go with the house )
please call me for a viewing. Find out more about it"s potential redevelopment value and appreciate its unique design & quality workmanship.
( this is truly a rare chance for a foreigner to own a landed property without having to apply for special permission from ldu ! )
( if you are currently renting, why not use your current rent payment to acquire this property rather than pay them as expenses? )
contact: y k yik ( 9383 3616 )
S$ 1,810,000 (Guide Price)
2,411 sqft (223.989 sqm) | Partially Furnished | 3 Bedrooms | 2 Bathrooms