Co-Living @ Lavender Street, convenience, mrt, no gst, freehold!

Highlights:

• Shophouse for sale
• Listed on 3 Jul 2025
• S$ 6,144.98 psf (land)
• Not tenanted

Excellent Busy Road Exposure - Lavender Street Asking @ $12.8m (Rental $30.5k) land 2083sqf built up 6433sqf

Buying Lavender Street, Singapore could be a smart investment, depending on your goals. Heres why it might be worth considering:

1. Prime Location & Strong Capital Appreciation Potential*
- Near Lavender MRT Excellent connectivity to CBD, Marina Bay, and Changi Airport.
- Upcoming Growth Area Part of the Jalan Besar/Kallang transformation, with new developments boosting property values.
- Proximity to Key Areas Walking distance to Kampong Glam, Little India, and Bugis, all high-demand zones.

2. High Rental Demand
- Popular with expatriates, young professionals, and students due to central location.
- Strong Airbnb/short-term rental potential due to tourist-friendly surroundings.

3. Potential for Redevelopment
- Many older properties in Lavender/Jalan Besar are being en-blocd or refurbished.
- If the building is freehold or on a long leasehold, it could be a future redevelopment target.

4. Government Infrastructure Plans
- URA Master Plan includes upgrades for Kallang/Jalan Besar (better transport, amenities).
- Near future projects like the North-South Corridor (NSC) expressway improving accessibility.

5. Competitive Pricing (Compared to Core CBD)
- More affordable than Orchard/River Valley, but with similar rental yields.
- Shophouse/Heritage Appeal If its a conserved shophouse, it could gain value over time.

Things to Check Before Buying:
Tenure Is it freehold or 99-year leasehold-
Current Zoning Residential, Commercial, or Mixed-Use- (Affects financing & usage).
Condition of the Property Older buildings may need renovation.
Recent Transactions Compare prices of nearby units (e.g., Lavender One, City Towers).

Verdict
If youre looking for central, high-growth property with rental potential, this Freehold Lavender Street Shophouse could be a strong buy.

Call Kitt @ 9694 5000 for more details or to arrange a viewing...