PropertyLimBrothers is in the mature estate of Ang Mo Kio to showcase a a property type that’s an impending rarity! Follow George and Yanyan as they tour this 3-room, 150 sqm HDB shophouse unit that has lots of transformation that will take shape just round its corner!
The layout of this property is of a longish type, sort of single-loading. Level 1 of this property, which is the commercial component, has been split into half where one half of the units have been tenanted out. On the 2nd floor, there’s a nice greenery towards the front with its back not facing another units. Thus, privacy is ensured. Plus, there’s enough space to carve out a fourth bedroom. Investing in a property like this serves as an opportunity to own a second residential home just buy paying ABSD on the residential component.
This shophouse is set in the epicentre of 2 MRT stations, Ang Mo Kio MRT station on the North South line and Tavistock MRT station on the upcoming Cross Island line. It also borders a cluster that went through an HDB SERS programme, so further rejuvenation of the area can be expected. An HDB property that can yield cash-on-cash return at the end of 5 years of ownership? How exactly? Let George and Yanyan explain further!
