PropertyLimBrothers is bringing you to something different today. If you are a shophouse lover, the time has come. We are featuring a freehold shophouse in our home tour series! This corner shophouse standing in the heart of District 09, is for mixed-use, where the level one is planned for commercial purposes, while level two and the attic are for residential, though the overall land title is still commercialised.

As compared to pure commercial status shophouses that range from above the $10 mil mark to even $20 mil, how does our unit at 248 River Valley fare in comparison? We get a prime locale, level one basically already tenanted out which we feel will be here to stay for awhile since it has already built its own name as the mini mart around the area for residents nearby. What owners have to basically take care of is the tenancy of the second and attic levels, which is also not a difficult task as given this centralised location, the tenancy demand here is almost back-to-back, leaving almost no time periods vacant.

But what are some other considerations investors might have in the mid to long-run? Come join Melvin as he brings you a never seen before educational segment about shophouses and its history of the five-foot way, as well as some pricing breakdown analysis.