6553sqft
Built
$14,000,000
Asking
Freehold
Tenure
Former National Aerated Water Company Building for Sale | 2-Storey Heritage Gem with Full Commercial Flexibility
Own a piece of Singapore’s industrial legacy with this freehold conserved shophouse at 1177 Serangoon Road, a rare opportunity to acquire a landmark steeped in history and primed for modern commercial success.
This two-storey Art Deco masterpiece, fully leased and approved for diverse uses, offers investors and owner-occupiers unparalleled potential in a city-fringe location undergoing rapid rejuvenation.
Unmatched Heritage & Architectural Appeal
-
Iconic Art Deco design: Featuring original timber transom panels, fair-faced brick parapets, and a spiraling concrete sun-shading ledge—preserved under URA conservation guidelines.
-
Industrial legacy: Once home to Singapore’s beloved soft drinks like Sinalco and Kickapoo, the building is a tangible link to the nation’s 1950s–1990s manufacturing heyday.
-
Cultural landmark: Gazetted for conservation in 2017, it stands as one of the last vestiges of Kallang River’s industrial past, attracting nostalgia-driven foot traffic.
Prime Location & Connectivity
-
City-fringe advantage: Nestled between Potong Pasir MRT (650m) and Boon Keng MRT (850m), with direct access to the Kallang River Park Connector.
-
Growing catchment: Proximity to JUI Residences (117 sold units) and the upcoming Bidadari New Town (11,000 new homes) ensures a steady flow of residents and professionals.
-
Expressway access: Minutes from the Central Expressway (CTE) and Pan-Island Expressway (PIE), ideal for logistics and regional clients.
Commercial Versatility & Tenant Appeal
-
Ground floor: Approved for restaurant use, with potential for a café, bistro, or F&B concept. Currently a swim school.
-
Second floor: Column-free office space currently tenanted to after-school care and approved for office but adaptable for corporate training, co-working, or creative studios.
-
Full commercial zoning: No restrictions on foreign ownership, ABSD, or SSD, making it accessible to global investors.
Investment Value & Future Growth
-
Freehold tenure: Ensuring long-term asset appreciation.
-
Rental stability: 100% leased with proven tenant demand, offering immediate cash flow.
-
Supply scarcity: URA restrictions on strata subdivision in central areas amplify the value of existing commercial titles like this one.
-
Future upside: Proximity to The Woodleigh Mall (integrated retail hub) and Bendemeer’s strong population base。
Call me for Viewing today.
Office for Sale
If you are still searching for your business space, we are happy to assist you. Contact us now.
