They say teaching a man to fish will feed him for a lifetime, but would you rather buy a unit in a fish market instead? Join Felicia from PropertyLimBrothers as she navigates this 99-year leasehold (66 years remaining) market shop in Tampines. This 430 sq ft unit at Block 475 Tampines Street 44 is an investor’s dream, with no ABSD, and is open to foreign buyers.
Currently occupied by two vendors, this dual-frontage shop is ripe for customisation. Split it into multiple stalls to maximise rental income or transform it into a unique business venture. With a multi-storey car park right next door, customer convenience is guaranteed.
Strategically located less than 500m from Tampines East MRT and right in the heart of a bustling market area, this shop has all the potential for success. Cast your net and reel in this investment opportunity before it swims away.
00:00 Intro
00:30 Project Fact
01:58 Who would be the ideal buyer for this property?
02:35 Why do people still prefer wet markets?
03:20 What does the future hold for commercial proeprties?
04:30 Who is eligible to buy an HDB shop?
04:59 ABSD for HDB shop
05:41 How does one go about financing an HDB shop?
06:58 School and Amenities
07:44 Balance Lease and Finance Breakdown
08:53 Contact
#PropertyLimBrothers #
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© PropertyLimBrothers™ 2024
Melvin Lim and Adrian Lim started PropertyLimBrothers with an intention to market each property to its fullest potential for home sellers and to solve the core problem of the conventional brokerage method with the PLB Team Model, with reverse engineering to add immense value to consumers.
From humble beginnings as Singapore prison officers in 2004, co-founders Melvin and Adrian ventured into the real estate industry in 2007 as traditional agents. With the property industry getting increasingly competitive, they knew they had to be different. In 2017, they started the first video home tour in Singapore with a presenter show and tell format, and have never stopped since!
‘Til date, PLB has crafted more than 1,500 videos on our YouTube channel since its formation. In the last 3 years, 720 of them were Home Tour videos. We have also successfully sold 516 properties in the last 24 months and helped 110 Home Buyers purchase their dream homes in the year 2021. We target the right audience, positioning each property in its truest and best form.
Since 2017, we have grown together with our audience, our clients and the real estate market. Our team has grown from a mere two people working in a small office to 105 full-time colleagues working hand-in-hand to provide our PLB 7-man Team Model to our extensive clients through in-house Media Production, Digital Marketing, Social Media, Inside Sales Consulting, Research, Insights, and Client Support.
In 2022, PropertyLimBrothers ventured out on our own under PLB Realty. Our newly established realty arm will harness the power of our existing media company to offer property sales, digital marketing, branding, research, and analytics tools on our one-stop online platform.
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