Amid Singapore's bustling private residential market, savvy investors are now turning to stable, income-generating assets, with one such opportunity emerging in the highly sought-after Toa Payoh neighborhood. An HDB shophouse located at 125 Toa Payoh Lorong 1 has been put up for sale at a price of $2.88 million, offering a substantial 1,478 square feet of space. With its prime location just 200 meters from Braddell MRT Station and in close proximity to bustling amenities like the Toa Payoh West Market and Food Court, this property presents itself as an excellent investment in the heart of District 12.
The property is strategically situated in a district that is undergoing substantial transformation. As part of the ongoing rejuvenation efforts under Singapore’s Remaking Our Heartland program, Toa Payoh will see significant infrastructure and community development, boosting the area's appeal. With over 10,000 new homes expected to rise in the area and a new integrated development slated for completion by 2030, the increased footfall and greater demand for commercial spaces will likely drive up both rental income and property values. Investors can also expect steady returns, as similar properties in the area yield a rental return of about 4% annually.
This HDB shophouse is an attractive option for those seeking to tap into Toa Payoh’s growing commercial potential. With nearby developments, such as the Toa Payoh Ridge BTO project and future residential development in Caldecott, the area’s attractiveness is bound to surge. Moreover, with the upcoming infrastructural enhancements and improved amenities, this property stands out as a promising option for long-term capital appreciation.
Key Highlights:
- HDB shophouse at 125 Toa Payoh Lorong 1 for sale at $2.88 million
- Prime location near Braddell MRT Station and Toa Payoh West Market
- Estimated rental yield of 4%, offering stable income for investors
- Toa Payoh undergoing rejuvenation with significant infrastructure developments and new BTO projects
- New integrated development slated for completion by 2030, increasing footfall in the area
- Strong potential for capital appreciation with the influx of new residents
Interpretation and Takeaway:
This is an excellent investment opportunity, as the shophouse is situated in an area poised for substantial growth. With ongoing rejuvenation efforts, enhanced connectivity, and rising residential demand, the Toa Payoh estate promises both stable rental income and future capital appreciation. The upcoming developments in the area will undoubtedly increase footfall, which bodes well for the long-term performance of this asset.
If you're looking to expand your real estate portfolio with stable, income-generating assets, now is the time to take action. For more updates and to secure more details on this opportunity, don’t hesitate to reach out and stay ahead of the curve.
Source
Edgeprop | HDB Shophouse in Toa Payoh presents attractive investment opportunity with 4% ROI