99 Years
Tenure
0sqft
Space
SG$000
Asking
Desker Road Shop House for Sale
Desker Road shop house for sale. A 2 storey shophouse between Little India and Jalan Besar. Desker Road use to be a very colourful place in early days Singapore. A red-light district that features transgender. However, the police clean up the place in the 1980s. Today you will find restaurants, hardware stores and even a performance arts school.
As more and more hipsters F&B concepts start to evolve. Many operators choose to set up their businesses in an alternative place like Jalan Besar. This presents a great opportunity because the alternative location will become mainstream someday. And when that happens, you can find rental prices increase at the same time. Desker Road has a great potential of becoming mainstream.
More Details of Desker Road Shop House for Sale
In the past, this place is very inconvenient. However, with the completion of the Downtown Line, It is very easy to come here from all around Singapore now.
The North-South Expressway, when completed, will also increase the human traffic to this area. New business ideas and concepts will also slowly making their way here.
Many of the existing shophouse owners are still operating their own business here. However, many of these business owners may find moving to a factory outside the city and renting out their shophouses or even selling their shophouse makes more economic sense.
This will encourage more new business to move into the area. Hence rental price will increase as well as the value of the shophouse.
As the prices of shophouses for sale in the CBD area is getting more expensive, this is a rare investment opportunity for you. This shophouse is zoned “commercial” under the URA Masterplan. That means you can potentially rent it out as an F&B, retail, or office. This is good news for investors.
Idea for investment.
Contact us for a private discussion if you like to find out more about this shophouse.
Call for a discussion today.
Call Dave Lee 97226361 now…
