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Listing Id: 42660 Last Refreshed: 30/09/2026 5 Views

RARE 2-STOREY HOUGANG HDB SHOPHOUSE | INCOME-GENERATING | ~4.5% YIELD

247 Hougang Avenue 3
Hougang
Premise Size 1851 sqft / 172 sqm
PSF S$1458.67 psf
Property Type Shophouse

Overview

Asking Price S$2,700,000(Neg.)
Property Type Shophouse
Tenure Type 99-year Leasehold
Floor Size 1851 sqft / 172 sqm (S$1458.67 psf)
Land Size Not Provided
Build Year Not Provided
Condition Partially Fitted
Floor Level Grand
Renovation Cost Not Provided
Occupancy Status Tenanted

Current Tenancy

Monthly Rental S$10,000
Lease Expiration Not Provided
Current Tenant Business SPAs

Amenities

24 Hour Access

Property Details

Information provided by the owner.

**Rare Opportunity to Own a Ground-Floor Commercial Unit + 3-Room HDB Living Quarters

* Approx. 1,851 sq ft total floor area
- Ground-floor shop: approx. 1,119 sq ft
- 3-room living quarters: approx. 732 sq ft
* 2-storey configuration offering both commercial and residential use
* Tenure: Private leasehold, 88 years from 1 April 1995
* Balance lease: Approximately 57 years
* Wide shopfront with prominent visibility along an established row of shophouses
* Located within private and public residential enclave
* Strong surrounding catchment with eateries, place of worship and Residents’ Committee Centre etc nearby
* Conveniently located near Kovan MRT
* Ample parking in the surrounding area, with carpark lots directly in front of the unit
* Efficient and functional layout, suitable for a variety of commercial uses
* Sale with existing tenancy — potential for immediate rental income at Attractive Rental Yield
* Current rental: About $10k pm
* No GST
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