Introduction
The Singapore property market continues to attract investors from around the world due to its strong economy, transparent regulations, and high rental demand. Among the most attractive opportunities are mixed-use commercial properties that combine retail space with residential accommodation. These assets offer investors the advantage of generating multiple income streams while benefiting from long-term capital appreciation.
One outstanding opportunity currently available is the commercial shophouse located at 131 Jalan Bukit Merah, Kim Tian Vista, in District 03, Alexandra/Commonwealth. This property is being offered at SGD 1,680,000, which is below valuation, making it an exceptional value investment in today’s competitive Singapore real estate market.
With a total size of 1,506 square feet, a price of approximately SGD 1,116 per square foot, and a dual-income structure consisting of a retail unit and a residential HDB apartment, this property provides investors with an attractive balance of affordability, rental income, and future appreciation potential.
Prime Location in Jalan Bukit Merah
Location remains one of the most important factors in real estate investment. Kim Tian Vista enjoys a strategic address at 131 Jalan Bukit Merah, one of Singapore’s mature and highly sought-after neighborhoods.
The property sits within District 03 (Alexandra/Commonwealth), an area well known for its excellent infrastructure, established residential communities, and continuous urban development. Investors searching for commercial property in Singapore often prioritize District 03 because of its consistent rental demand and strong resale value.
Being positioned in an established neighborhood also means businesses operating from this location benefit from a stable customer base comprising nearby residents, office workers, and visitors.
Excellent Accessibility
Accessibility significantly enhances property value. Kim Tian Vista is conveniently located near Tiong Bahru MRT Station (EW17) on the East-West Line.
Easy access to public transportation increases foot traffic for retail businesses while making commuting convenient for residential occupants. This combination strengthens rental demand for both commercial and residential components of the property.
The surrounding road network also provides excellent connectivity to:
Central Business District (CBD)
Orchard Road
Chinatown
HarbourFront
Alexandra Business District
Such accessibility makes this mixed-use property highly desirable among tenants.
Property Overview
This attractive investment opportunity includes:
Property Address: 131 Jalan Bukit Merah
Development: Kim Tian Vista
Property Type: Retail Shophouse with Residential Unit
Postal Code: 160131
District: 03 Alexandra/Commonwealth
TOP: 1994
Tenure: 99 Years
Total Area: 1,506 sqft (140 sqm)
Selling Price: SGD 1,680,000
Price Per Square Foot: SGD 1,116 psf
Considering current Singapore commercial property prices, the asking price represents significant value for investors looking for below-market opportunities.
Dual-Income Investment Opportunity
One of the strongest selling points of this property is its dual-income investment model.
Unlike conventional retail properties that depend solely on commercial tenants, this property combines:
Retail Shop
Residential Apartment
This diversification reduces investment risk while increasing cash flow stability.
Property investors often seek mixed-use developments because multiple income sources improve overall investment resilience.
Retail Unit Details
The commercial retail unit measures approximately 732 square feet.
Currently, the retail space is occupied by a medical clinic, with tenancy running until September.
Medical clinics generally provide stable long-term tenancy because healthcare services remain essential regardless of economic conditions.
Advantages of the retail unit include:
Existing tenant
Immediate rental income
Stable business activity
Established commercial location
Strong neighborhood customer base
For investors seeking passive rental income, this existing tenancy is a major advantage.
Residential Unit Details
The residential component comprises a:
HDB 3-Room Flat
2 Bedrooms
1 Bathroom
Separate Entrance
Approximately 774 square feet
The independent entrance allows the residential unit to function separately from the commercial premises.
This separation enhances privacy while maximizing rental flexibility.
Residential demand around Jalan Bukit Merah remains consistently strong due to proximity to MRT stations, schools, hospitals, and employment centers.
Below Valuation Pricing
Perhaps the biggest attraction is that the property is advertised as selling below valuation.
Purchasing below market valuation provides investors with immediate equity upon acquisition.
Benefits include:
Lower investment risk
Higher capital appreciation potential
Better financing opportunities
Improved resale competitiveness
Properties priced below valuation are relatively uncommon in Singapore’s mature property market.
Attractive Price Per Square Foot
At approximately SGD 1,116 psf, this property offers compelling value compared to many commercial units in central Singapore.
Investors often compare properties using price per square foot because it provides a clearer measure of value than overall purchase price.
Lower psf pricing creates greater upside potential for future appreciation.
Strong Rental Income Potential
Rental yield is one of the primary considerations for property investors.
This mixed-use property offers income from:
Retail tenancy
Residential tenancy
Diversified rental income helps reduce vacancy risk.
If one unit becomes vacant, the second unit continues generating cash flow.
Such investment structures are especially attractive during uncertain market conditions.
Why Mixed-Use Properties Perform Well
Mixed-use properties have become increasingly popular among professional investors.
Their advantages include:
Multiple revenue streams
Higher occupancy rates
Better risk diversification
Long-term appreciation
Flexible investment strategies
Many institutional investors actively pursue mixed-use assets because they combine commercial and residential market strengths.
District 03 Investment Advantages
District 03 remains one of Singapore’s most desirable investment districts.
Reasons include:
Mature housing estates
Excellent transportation
Strong commercial activity
Continuous redevelopment
High tenant demand
Areas such as Alexandra, Redhill, and Tiong Bahru continue attracting both local and international buyers.
Tiong Bahru Lifestyle
Tiong Bahru has become one of Singapore’s trendiest neighborhoods.
The area features:
Boutique cafés
Shopping outlets
Local markets
Restaurants
Community parks
This vibrant environment contributes to long-term residential demand.
Long-Term Capital Appreciation
Historically, well-located Singapore commercial properties have demonstrated resilient long-term growth.
Factors supporting future appreciation include:
Limited land supply
Government planning
Infrastructure improvements
Population growth
Stable economy
Kim Tian Vista benefits from all these long-term growth drivers.
Suitable for Different Buyers
This property suits various buyer profiles, including:
Property Investors
Investors seeking passive rental income and long-term appreciation.
Business Owners
Entrepreneurs looking to operate their own business while owning valuable real estate.
Family Investors
Families interested in combining business operations with residential accommodation.
Portfolio Diversification
Experienced investors seeking mixed-use commercial assets.
Nearby Amenities
Residents and business operators benefit from numerous nearby facilities.
These include:
Tiong Bahru MRT
Food centres
Supermarkets
Schools
Clinics
Banks
Shopping malls
Public parks
Excellent amenities increase both tenant satisfaction and property value.
Medical Clinic Tenancy
Healthcare tenants are generally regarded as premium commercial occupants.
Medical clinics typically offer:
Stable business operations
Long-term lease renewals
Reliable rental payments
Consistent customer traffic
This existing tenancy enhances the property’s investment appeal.
Spacious Layout
With approximately 1,506 square feet, the property offers generous space allocation.
Breakdown:
Retail Space: 732 sqft
Residential Space: 774 sqft
The balanced distribution allows efficient utilization of both units.
Investment Security
Singapore remains one of the world’s safest property investment destinations.
Reasons include:
Strong legal framework
Transparent regulations
Political stability
Global financial reputation
Foreign and local investors alike continue viewing Singapore real estate as a secure long-term asset.
Future Redevelopment Potential
District 03 continues benefiting from urban renewal and infrastructure enhancements.
Government planning initiatives may further strengthen property values over time.
Investors purchasing today may benefit from future neighborhood improvements.
Seller Information
The property is marketed by experienced real estate professional:
Shawn Hing
Agency: PropNex
CEA Registration: R013393D
Professional Rating: 4.9/5
Reviews: 217
Years on Platform: 11
Such credentials provide additional confidence for prospective buyers.
Contact Information
For further details regarding:
Viewing arrangements
Rental information
Investment analysis
Financing options
Purchase procedures
Interested buyers may contact:
Shawn Hing
Mobile: +65 9067 2236
Agency: PropNex Singapore
Conclusion
The commercial property at 131 Jalan Bukit Merah, Kim Tian Vista presents a compelling investment opportunity in one of Singapore’s most established districts. Priced at SGD 1,680,000, below valuation, this mixed-use asset combines a retail shop with an existing medical clinic tenant and a separate two-bedroom residential apartment with its own entrance.
Its strategic location near Tiong Bahru MRT Station, spacious 1,506-square-foot layout, attractive SGD 1,116 psf pricing, and dual-income potential make it an appealing choice for investors seeking steady rental returns and long-term capital appreciation. The combination of commercial stability, residential demand, and District 03’s ongoing growth further enhances the property’s investment value.
For buyers looking to expand their Singapore real estate portfolio with a well-positioned mixed-use property offering immediate income and future upside, 131 Jalan Bukit Merah, Kim Tian Vista stands out as an exceptional opportunity worth serious consideration.