### Blk 462 Crawford Lane (Crawford Court) Commercial Overview
Blk 462 Crawford Lane (D07 Beach Road / Bugis / Lavender vicinity) is an 11-storey mixed-development block built in 1980 (99-year leasehold commencing circa 1981, ~53 to 54 years balance lease). It consists of residential flats on the upper floors with street-level and 2nd-storey commercial shop/shophouse premises.
#### 1. Commercial Sale Price & Transaction Range
* **Price Range:** HDB commercial shop/shophouse units at Blk 462 typically list and transact between **S$1.5M to S$2.8M**, depending on unit size, ground-floor frontage, and whether living quarters are attached.
* **Transacted Unit PSF:** Generally ranges from **S$1,200 to S$1,800+ psf** for two-storey HDB shophouses (ground commercial + upper living quarter, approx. 1,400 to 1,614 sqft), with prime ground-floor retail frontage pushing higher rates (up to S$2,500+ psf for compact street-level footprints).
* **Recent Asking / Benchmark Levels:** Full 2-storey shophouse configurations (~1,614 sqft) sit around **S$1.95M to S$2.2M**.
#### 2. Commercial Rental Transactions
* **Ground-Floor Retail / F&B:** Rentals for ground-floor retail shops typically command **S$6.00 to S$9.00+ psf/month** due to steady lunchtime footfall from nearby offices and Michelin-listed food enclave branding (e.g., Hill Street Tai Hwa Pork Noodle at neighbouring Blk 466).
* **Upper Level / Standard Commercial Spaces:** Units ranging from 680 to 840 sqft transact in the range of **S$3,500 to S$4,600/month** (approx. S$4.50 to S$6.00 psf/month).
#### 3. Operational Considerations
* **Zoning & Change of Use:** HDB commercial units require HDB approval for trades, especially for F&B operations requiring grease traps and exhaust systems.
* **Buyer Demographics:** Commercial HDB shops do not attract ABSD (Additional Buyer's Stamp Duty) for the commercial portion, making them attractive yield-generating assets for private investors and business operators.
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Gan Eng Joo Onassis 颜荣裕, REALTOR®
MSc BIT (Middlesex, England, United Kingdom); BBA (South Australia)
CEA Reg No: R021244C | Singapore Line:
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Email: onassis@sgagent.com
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