Retail Shop For Sale

RETAIL SHOP FOR SALE

Retail shop for sale are available throughout Singapore, freehold and leasehold, city and near city.  Retail shops include Housing Development Board (H.D.B.), private shops and shopping centres.

Currently, available are Housing Development Board (H.D.B.) retail shop, usually located in town centre or neighbourhood, with each neighbourhood population from 150,000 to 300,00 over people, for town centre, it is near to sub-way station, bus interchange, many shops, etc.

Retail shop locations in Singapore include Tampines, Aljunied, Bishan, Jurong West, Jurong East Central, Yishun, Anchorvale Link, Bedok Central, Bedok South, Bedok North, Hougang, Hougang Central, Bukit Batok West, Guillemard Road, Boon Lay, Clementi Central, Clementi, Telok Blangah Crescent, West Coast Drive, Jalan Buikit Merah, Woodlands, Holland Drive, Toa Payoh Central, Toa Payoh, etc. 

Singapore land is limited, the numbers of HDB shops available are also limited.  Therefore, there is chance of capital gain.  One would continue to collect monthly rental fee or sell it later for a big gain. 

In case you require private retail shop on freehold basis, we would be glad to assist you with the sourcing.

Currently, we have over 400 coffeeshops worth up to SGD 400 million for your selection, you name it, we have it for you.  Please call and enquire from us for no obligation.  If our phone line is engaged, kindly leave message and we will get back to you shortly. 

We are pleased to offer, subject to owners' / sellers' final reconfirmation on the retail shop availability, asking price, other terms and conditions as follows:

LOCATION: Town central and neighbourhood.

 TYPE: HDB.

NOS. OF STOREY: Double-storey.

GROUND FLOOR: Between 500 to 1,000 square feet.

UPPER FLOOR: Between 700 to 800 square feet.

OUTDOOR DISPLAY AREA (ODA): To be leased from the Town Council.

TENURE: 99 years.

BALANCE OF LEASE: Usually between 50 to 80 over years.

PROPERTY TAX: 10% of yearly amount as assessed by local authority.

CONSERVANCY CHARGES: To be advised.

INCOME TAX: Up to 20% of net profit.

 BANK LOAN AMOUNT: Between 30% to 50%, subject to case-to-case basis.

BANK INTEREST: Between 3 to 4 over percent, various from bank to bank.

VALUATION: Usually, the bank will provide the property indication.

PERMANENT RESIDENCE: We will recommend reliable lawyer to apply for the Singapore PR, subject to authority's approval.

COMPLETION TIME: It will take about 3 to 4 months' for completion.

APPROVAL AUTHORITY: HDB officer shall inspect the retail shop premises for approval.

ADVANTAGES: For purchase of retail shop in central, it is easy to buy, easy to rent out and easy to sell with profit.

ASKING PRICE: Between SGD 800,000.00 to 6,000,000.00 negotiable.

RETURN OF INVESTMENT: Between 5% to 7% per annum. 

ELIGIBILITY:  Foreigners can purchase.