New

Textile Centre

$1,550,000 ($2,279 psf) [View to Offer]

  • Jalan Sultan, 199018, D07

  • 680 sqft (63 sqm)

Agent Information

M.

#R043876Z

mike.chin@propnex.com

+65 81810258

Property Details

  • 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

Description

### 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!

Location