BUGIS
SHOPHOUSE
Extra $5600 in rental income per month.
Both office (2 units) and residential areas (3 bedrooms) take on a fresh new look, attracting better quality tenants.
AFTER
With the uplift of the whole shophouse, it has attracted a good profile of tenants who now enjoy a fully furnished office / living space.
While the owner now receives more than double his previous rent. Win-win for all!
The 2-storey shophouse was old and leased to foreign workers who did not maintain the place well. The place smell and fixtures are stained and of poor condition.
As such, the owner was receiving a low overall rent for both office and residential parts of the property.
If your properties are facing low rental, high vacancy, poor conditions, not getting desired sale price, reach out to us for a discussion.