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Shophouse
297 & 297A Changi Road — Freehold Shophouse
297 & 297A Changi Road
D17
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Sale Price
$2,600 psf
$8,500,000 total
Floor Area
3,269.23 sqft (303.7 sqm)
Property Details
Building
297 & 297A Changi Road
Postal Code
419737
Tenure
Freehold
Sprinkler
No
GST Registered
No
Description
A true legacy asset – tightly held & seldom available
2-Storey Shophouse
Land ~1,370 sqft
Estate in Fee Simple (100% Freehold)
Whole Title Ownership (Not Strata)
Why this is RARE:
• Freehold shophouses along main road are limited supply
• Whole unit ownership – no strata fragmentation
• Dual frontage (297 & 297A) – flexible usage potential
• High visibility along Changi Road – strong tenant demand
• Legacy holding – passed down since early land grants
INCOME-GENERATING ASSET (Plug & Play)
• Ground Floor: Commercial tenant @ $7,500/mth (till May 2027)
• Upper Floor: Accommodation @ $5,500/mth (till Jan 2027)
• $13,000/month immediate income
IDEAL FOR:
• Investors seeking rare, land-based assets
• Business owners planning long-term hold
• Buyers looking for wealth preservation + rental yield
Mortgage Calculator
75%
4.0%
25 years
Loan Amount$6,375,000
Monthly Repayment$33,650
Total Interest$3,719,880
Total Payable$10,094,880