The Promenade @ Pelikat

S$ 490,000

(S$ 2,068 PSF)

189 Jalan Pelikat, Singapore
BUILT-UP237 sqft

LAST UPDATED: 15 minutes ago

Looking for an affordable freehold retail property with an existing tenant?

This well-located retail unit offers an attractive combination of freehold tenure, immediate rental income and a strong surrounding residential catchment.

Key Highlights
- Freehold retail property
- Tenanted at $1,400/month until 29 April 2028
- Affordable entry into freehold commercial property
- Surrounded by HDB and private residential developments
- Natural lighting
- Suitable for a variety of trades, subject to the relevant approvals
- Air-conditioning unit provided
- Suitable for both investors seeking rental income and owner-occupiers looking for a freehold commercial space

The existing tenancy provides rental income from day one, while the freehold tenure offers long-term ownership flexibility.

An opportunity to own a freehold retail unit at an accessible price point.

Call Ashlyn @ 8612 6849 for more information or to arrange a viewing.

#FreeholdShop #FreeholdRetail #Hougang #CommercialProperty #RetailSpace #InvestmentProperty #BeyondYields

Details

Facilities

Location & Amenities

Site Plan & Floor Plan

Estimated Mortgage

Property Details

Property Type

Retail

PSF

S$ 2,068 psf

Listed ON

September 28,2026

Developer

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Furnishing

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Currently Tenanted

Until April 29,2028

Floor Size

237 sqft

Tenure

Freehold

Listing ID

1022506

Floor Level

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Top

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Facilities

Location & Amenities

Arrange Appointment

Site Plan & Floor Plan

Estimated Mortgage

Use our Estimated Mortgage Calculator to quickly estimate your mortgage payments and make informed home-buying decisions.

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Talk to us to learn more about the projects available and a comprehensive computation that covers your safety net.

Compare the Best Mortgage Home Loan Rates Available in Singapore

Assess home loan interest rates from various banks to make an informed decision when buying building-under-construction (BUC) property. Using $1.5m as the loan package.

S$ 3,406 / month

@ 1.43% Sora, 1st year

S$ 3,406 / month

@ 1.43% Sora, 1st year

S$ 3,423 / month

@ 1.46% Sora, 1st year

S$ 3,434 / month

@ 1.48% Sora, 1st year

S$ 3,434 / month

@ 1.48% Sora, 1st year

S$ 3,450 / month

@ 1.51% Sora, 1st year

S$ 3,450 / month

@ 1.51% Sora, 1st year

Secure Your Spot!

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The Promenade @ Pelikat

Appointed Marketing Agency:

PropNex Realty Pte Ltd - Licence No: L3008022J Ashlyn | R030895E

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Disclaimer: While reasonable care has been taken in preparing this website, neither the developer nor its appointed agents guarantee the accuracy of the information provided. To the fullest extent permitted by law, the information, statements, and representations on this website should not be considered factual representations, offers, or warranties (explicit or implied) by the developer or its agents. They are not intended to form any part of a contract for the sale of housing units. Please note that visual elements such as images and drawings are artists’ impressions and not factual depictions. The brand, color, and model of all materials, fittings, equipment, finishes, installations, and appliances are subject to the developer’s architect’s selection, market availability, and the developer’s sole discretion. All information on this website is accurate at the time of publication but may change as required by relevant authorities or the developer. The floor areas mentioned are approximate and subject to final survey.