New

Cheap Freehold condo shop | Large 775 sqft | Ready for move in

$3,255,001 ($4,200 psf) [View to Offer]

  • 40A toh tuck road, 596717, D21

  • 775 sqft (72 sqm)

Agent Information

James Jose Boo

#R050956Z

JAMESJOSEB@propnex.com

+65 93530099

Property Details

  • Listing Type

  • Property Group

  • Property Type

  • District

  • Floor Area

  • SALE

  • Retail

  • Mall Shop

  • D21

  • 775

  • Tenure

  • Post Code

  • Street Name

  • Freehold

  • 596717

  • 40A toh tuck road

Description

Dear Sir/Mdm,

[RARE FREEHOLD RETAIL SHOP FOR SALE @ FORETT AT BUKIT TIMAH]

Property Details
Approx. Size: 775 sqft
Asking Price: S$3,255,000
Approx. S$4,200 psf
Freehold Strata Retail Shops
Located within the prestigious Forett at Bukit Timah
One of only 2 exclusive retail shops serving 633 luxury residential units

Why Buy This Shop?
- Rare Freehold Commercial Asset in the highly sought-after Bukit Timah enclave.
- Only 2 retail shops within the entire development, offering limited competition and exclusivity.
- Captive customer base from over 633 luxury condominium units, with additional catchment from surrounding landed homes and private condominiums.
- Situated in one of Singapore's most affluent residential neighbourhoods with strong household spending power.
- Minutes to Beauty World MRT, Beauty World Centre, Bukit Timah Plaza, Bukit Timah Shopping Centre, The Rail Mall and The Grandstand.
- Excellent accessibility via PIE and BKE.
- Close to renowned schools including Pei Hwa Presbyterian Primary School, Methodist Girls' School, Hwa Chong Institution and Ngee Ann Polytechnic.
- Strong long-term upside from the Beauty World Transformation, including the future Integrated Transport Hub and ongoing rejuvenation of the precinct.

Suitable Business Concepts
Medical Clinic / Specialist Clinic
Dental Clinic
Physiotherapy / Chiropractic Centre
TCM & Wellness Centre
Beauty Salon / Aesthetic Clinic*
Eyebrow Embroidery / Eyelash / Nail Studio
Premium Hair Salon
Boutique Café / Bakery*
Tuition & Enrichment Centre*
Property Agency
Insurance Agency
Interior Design Studio
Luxury Lifestyle Boutique
Pet Grooming Centre
(*Subject to relevant authority approvals)

Ideal Buyer Profile
Owner-Occupiers
Doctors & Medical Professionals
Dentists
Beauty & Wellness Operators
Business Owners
Professional Service Firms
Boutique Retail Operators
Investors
High-Net-Worth Individuals
Family Offices
Long-term Commercial Property Investors
Buyers seeking Freehold wealth preservation assets

Financial Illustration

Company Purchase (Up to 90% Financing*)
Purchase Price: S$3,255,000
Loan Amount (90%): S$2,929,500
Cash Downpayment (10%): S$325,500
Illustrative Interest Rate: From 2.50% p.a.
Loan Tenure: Up to 25 years
Estimated Monthly Instalment: Approx. S$13,150/month

Personal Purchase (Up to 80% Financing*)
Purchase Price: S$3,255,000
Loan Amount (80%): S$2,604,000
Cash Downpayment (20%): S$651,000
Illustrative Interest Rate: From 2.50% p.a.
Loan Tenure: Up to 25 years
Estimated Monthly Instalment: Approx. S$11,680/month

Additional Costs
Buyer's Stamp Duty (BSD): Applicable
Property Tax: Based on IRAS Annual Value
Maintenance Fee: Subject to MCST
Legal & Valuation Fees: Applicable
Investment Highlights
Financing is subject to the purchaser's eligibility

And that's not all – anticipate substantial growth in the property's value over the years, adding an extra layer of financial benefit to your investment.

Seize this opportunity to secure a prosperous future with both immediate and long-term returns.

Definitely worth a personal trip to view and appreciate unit!

************************************************
If above unit does not fit your every requirements, feel free to contact or drop me a SMS at 9353 0099.

Yours truly is standing by to assist on your queries.

James Jose
Propnex Realty Pte Ltd
(The Problem Solver agent)

Location

Facilities

  • Air conditioning

  • City View

  • Ground Floor

  • Park / Greenery View

  • 24 hours security

  • Covered car park