23 Madras Street, Singapore
0
BUILT-UP900 sqft
LAST UPDATED: 3 days ago
Rare Entry-Level Shophouse Investment | Under $4M | Immediate $5.7k/m Rental Income
2 Storeys Shophouse
Land Area: 41.1 sqm / 442 sqft
Built-up: 900 sqft (approx)
Tenure: 99 years leasehold
Balance : 67 years lease
Tenanted for $5.7k p/m
Foreigners eligible
NO ABSD / NO SSD
GST is applicable
Price: $3.8m
An exceptional opportunity to own a piece of Singapore’s commercial heritage at an accessible price point. This compact and highly efficient 2-storey shophouse is the perfect defensive asset for first-time shophouse buyers or seasoned investors looking to diversify their portfolio under the $4M mark.
With an active tenancy already generating steady monthly cash flow, this full commercial property offers immediate returns with zero downtime.
Please contact Nasser Aboobakar at 9668-0037 to arrange a viewing.
Retail
S$ 0 psf
July 07,2026
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900 sqft
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883499
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@ 1.35% Sora, 1st year
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@ 1.4% Sora, 1st year
@ 1.4% Sora, 1st year
@ 1.42% Sora, 1st year
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PropNex Realty Pte Ltd - Licence No: L3008022J Nasser Aboobakar | R047505C
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