472 Tampines Street 44

Presenting a rare opportunity to own one of Singapore’s limited privately owned HDB shophouses. With only around 8,500 such units islandwide, these properties are highly sought-after by investors looking for stable rental income and long-term capital preservation.

This spacious 1,701 sqft shophouse offers a strong investment profile with a tenanted unit generating approximately 4% gross rental yield.

Under the old HDB shophouse lease regime, this property enjoys a remaining lease of approximately 66 years, significantly longer than the newer 30-year commercial tenures — providing better long-term value for investors.

Property Highlights
• Total Size: 1,701 sqft
• Ground Floor Commercial: ~807 sqft
• Level 2 Living Quarters: ~893 sqft
• Tenanted with reputable tenant
• Estimated Gross Rental Yield: 4%

The layout also offers flexibility for future asset enhancement. The ground floor commercial space may potentially be subdivided, while the upper-level living quarters can continue as residential rental or apply for change of use (subject to HDB approval).

Excellent Amenities & Connectivity

Located in a vibrant neighborhood with strong community footfall and convenience:
• Walking distance to Tampines East MRT Station
• Near Temasek Junior College and Dunman Secondary School
• Close to NTUC FairPrice
• Nearby Tampines East Community Club
• Easy access to Pan Island Expressway
• Surrounded by everyday amenities including preschools, music schools, medical halls, salons and neighborhood retail
• In close proximity to All Saints Home

With its strong community presence, consistent tenant demand, and rarity in supply, this property represents a compelling addition to any investor’s portfolio.