New
$1,550,000 ($2,279 psf) [View to Offer]
Jalan Sultan, 199018, D07
Agent Information
#R043876Z
mike.chin@propnex.com
+65 81810258
Listing Type
Property Group
Property Type
District
Floor Area
TOP
SALE
Retail
Mall Shop
D07
680
1970
Tenure
Floor
Post Code
Street Name
99-year Leasehold
Ground Floor
199018
Jalan Sultan
### Prime Retail Opportunity in Textile Centre
Seize the opportunity to own a prime retail unit at Textile Centre, located at 200 Jalan Sultan, in the heart of District 07. This strategically positioned mall shop is up for SALE at an attractive price of $1,550,000. Built in 1970, this property stands out with its wide frontage and potential for subdivision into multiple units, making it perfect for young professionals, luxury market enthusiasts, and savvy investors.
Currently, the unit is subdivided into 2 units, each delivering a commendable rental yield. With the flexibility to further divide the space and add water points, this ground floor retail unit offers substantial versatility for various business ventures. Comparing to a similar ground floor unit (3,348 sq ft) transacted at $2,629 psf, amounting to $8.8 million in June 2024, this listing represents significant value for investment.
Located at 200 Jalan Sultan with postcode 199018, Textile Centre is a landmark in a vibrant commercial district. Secure this opportunity to invest in a high-potential retail space that promises excellent returns and growth. Don’t miss out on this exceptional property—contact us today to schedule a viewing!