371 Beach Road, Singapore
BUILT-UP495 sqft
LAST UPDATED: 5 hours ago
New Listing – Ground Floor Commercial Unit at City Gate
371 Beach Road #01-XX, Singapore 199597
Prime Investment Opportunity | Tenanted | High Footfall
• Size: 495 sqft
• Asking Price: $1.69M (Negotiable)
• Current Rental: $4,800/month
• Lease Expiry: April 2027 (approximately 2 years remaining)
• Tenant Profile: Established Tui Na Wellness & Massage Business
• Estimated Gross Yield: ~3.4%
• Water Point Available
• Ground Floor Unit – Excellent Visibility
• High Footfall – Near Main Entrance & Retail Walkway
• Approximately 5-minute walk to Nicoll Highway MRT (CC5)
Rental Income Analysis & Upside Potential
Immediate Income
Currently leased at $4,800/month (~S$9.70 psf), offering stable returns from day one.
Market Comparison
Ground-floor retail/F&B units in City Gate and the surrounding area have the potential to command:
• S$10.40 – $14.60 psf/month (for boutique-sized F&B/retail units)
• Up to $16.80 psf/month (for premium frontages and larger layouts)
With post-lease repositioning, this unit could potentially bring in $6,000–8,000/month, boosting yield to 4–5%.
Repositioning Potential
With water point, visibility, and strong walk-in traffic, it suits wellness, boutique retail, or lifestyle F&B concepts.
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Boost from Golden Mile Redevelopment
The redevelopment of Golden Mile Complex by Far East Organization has displaced many long-standing tenants.
Many are relocating to City Gate and similar developments, increasing demand and traffic in the area.
This enhances tenant pool resilience and supports long-term rental growth for units like this.
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Investment Highlights
• Ground-floor unit with excellent visibility and frontage
• Integrated commercial and residential development with walk-in crowd
• Located in the vibrant Kampong Glam / Beach Road district
• Approximately 5-minute walk to Nicoll Highway MRT
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Investor Takeaway
This property offers:
• Immediate cash flow (approximately 3.4% yield)
• Rental reversion potential to 4–5%
• Capital upside from surrounding redevelopment
• Strong demand from ex-Golden Mile tenants and businesses
Strategically positioned for both yield and capital growth, this is a valuable asset for commercial property investors.
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Interested in a stable commercial investment with strong future upside?
Don’t miss this rare ground-floor unit at City Gate — tenanted, well-located, and full of future potential.
Contact me today to arrange a viewing or request the full investment factsheet.
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Listed by:
David Cheong
Phone: 65 8180 0739
Website: DavidCheongProperty.com
Commercial & Industrial Property Specialist
CEA Reg. No: R015915A | PropNex Realty Pte Ltd
With over 15 years in Singapore real estate, I help clients buy, sell, lease and grow in the commercial and industrial space.
“I can help my clients double their investments every 5–7 years.”
With you, For you.
Retail
S$ 3,414 psf
July 11,2025
Bayfront Ventures Pte Ltd
Fully Furnished
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495 sqft
99-year Leasehold
680725
Ground Floor
2018
Trains (MRT & LRT)
NICOLL HIGHWAY MRT STATION (CC5)
MRT
320 m
LAVENDER MRT STATION (EW11)
MRT
560 m
Bus Stops
Opp St. John Hq
Beach Rd
73 m
Sultan Plaza
Jln Sultan
103 m
Primary Schools
Farrer Park Primary School
2 Farrer Park Road
1690 m
St. Margaret's School (primary)
136 Sophia Road
1820 m
Secondary Schools
School Of The Arts, Singapore
1 Zubir Said Drive
1550 m
Northlight School
151 Towner Road
2000 m
International Schools
Insworld Institute
420 North Bridge Road #05-11/12 North Bridge Centre Singapore 188727
1000 m
Invictus International School (centrium)
320 Serangoon Rd #06-01 Centrium Square Singapore 218108
1240 m
Supermarkets
City Gate Mall
Central
10 m
The Concourse
Central
170 m
Healthcare
Sunshine Dental
Beach Road
0 m
Toothfully Yours Dental Clinic
Beach Road
0 m
Lifestyle Gallery
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@ 2.3% Sora, 1st year
@ 2.37% Sora, 1st year
@ 2.37% Sora, 1st year
@ 2.47% Sora, 1st year
@ 2.47% Sora, 1st year
@ 2.57% Sora, 1st year
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PropNex Realty Pte Ltd - Licence No: L3008022J David Cheong | R015915A
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