Investment Opportunities in Singapore - The Asian Commercial Sex Scene

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Investment Opportunities in Singapore

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15-12-2020, 01:00 PM

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Investment Opportunities in Singapore

An honorable member of the Coffee Shop Has Just Posted the Following:

https://www.commercialguru.com.sg/li...r-sale-brothel

Freehold shophouse

Property (Freehold) ($3.6m) and Brothel licence ($1m) sold separately

2 storeys + attic

First floor commercial rental 6k
Second and third floor residential and storage rental 6-7k
Tenancy agreements go by 1 year or more, no six months contracts

Land size: 1184sft
Build up: 2500sft

Bank value @ $3.8m

Licence from the first generation in Singapore at $1m take over fee.

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