555 Ang Mo Kio Ave 10 - Singapore 2-Storey HDB Shophouse with 1,614sqft | $2,200,000 | Melvin Lim

Take a walk around one of Singapore's neighbourhoods with Melvin Lim, and understand how HDB shophouses might be an ideal investment opportunity, especially if you already own a HDB unit! This dual-storey HDB shophouse on Ang Mo Kio Avenue 10 is a prime example, to learn more.
With sales and production of such shophouses has since been discontinued, this particular shophouse located at the intersection of Ang Mo Kio Avenue 5 and 3 offer a unique proposition with a remaining lease of 56-57 years. A standout feature of HDB shophouses is their classification as full commercial status. This essentially gives you the chance to own 2 different HDB units under your name, with a commercial space on the ground floor and a 3-room HDB apartment on the upper level.
Join us as we explore the potential of such properties, taking up a unique investment opportunity worth considering. This is not a video to be missed!
0:00 - Intro
0:16 - Location
0:45 - Pure Shophouses vs HDB Shophouses
1:51 - Investment Plan
2:55 - Loan: Scenario 1
4:36 - Loan: Scenario 2
6:33 - History of HDB Shophouses
7:18 - Retirement Plan
7:52 - Rental Play: Calculation
8:30 - Buying this unit as co-investment
9:18 - A look at the unit
9:53 - Outro + Contact
#PropertyLimBrothers​
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© PropertyLimBrothers™ 2022
Melvin Lim and Adrian Lim started PropertyLimBrothers with an intention to market each property to its fullest potential for home sellers and to solve the core problem of the conventional brokerage method with the PLB Team Model, with reverse engineering to add immense value to consumers.
From humble beginnings as Singapore prison officers in 2004, co-founders Melvin and Adrian ventured into the real estate industry in 2007 as traditional agents. With the property industry getting increasingly competitive, they knew they had to be different. In 2017, they started the first video home tour in Singapore with a presenter show and tell format, and have never stopped since!
‘Til date, PLB has crafted more than 1,500 videos on our UA-cam channel since its formation. In the last 3 years, 720 of them were Home Tour videos. We have also successfully sold 516 properties in the last 24 months and helped 110 Home Buyers purchase their dream homes in the year 2021. We target the right audience, positioning each property in its truest and best form.
Since 2017, we have grown together with our audience, our clients and the real estate market. Our team has grown from a mere two people working in a small office to 105 full-time colleagues working hand-in-hand to provide our PLB 7-man Team Model to our extensive clients through in-house Media Production, Digital Marketing, Social Media, Inside Sales Consulting, Research, Insights, and Client Support.
In 2022, PropertyLimBrothers ventured out on our own under PLB Realty. Our newly established realty arm will harness the power of our existing media company to offer property sales, digital marketing, branding, research, and analytics tools on our one-stop online platform.
The tagline #RealEstateWithIntegrity lies within the heart of the entire team, as only through glorifying God in work and business, will our daily hustle be meaningful.
#LoveYourNeighbour as thy self is a commandment that should be innate for our marketplace. Naturally, excellence follows through this, while treating clients with love, integrity and care.
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