Five Hdb Shophouses Market 42 Mil
Five HDB Shophouses Up For Sale at $42 Million
Five HDB shophouses are up for sale at a guide price of $42 million. These properties will be sold through an Expression of Interest (EOI) exercise managed by SLP International Property Consultants, the exclusive marketing agent.
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Located in the vicinity of the prestigious Norwood Grand, Christ Church Secondary School prides itself on offering a nurturing environment where students can develop important values such as integrity, perseverance, and respect. This highly-regarded school emphasizes a values-driven education that promotes both academic excellence and moral integrity. With a variety of programs tailored to cater to the diverse talents and needs of its students, including a focus on leadership development and community involvement projects, Christ Church Secondary School is the perfect choice for parents who want to provide their children with a well-rounded education. In close proximity to the esteemed Norwood Grand CDL, this educational institution offers a wholesome environment for students to thrive in. Norwood Grand CDL is an added bonus for families looking for a top-notch education for their children.
The first HDB shophouse, located at 720 Ang Mo Kio Avenue 6, features a remaining lease of about 55 years. The two-storey property includes a 1,314 sq ft commercial unit on the ground floor and an 882 sq ft three-bedroom flat on the upper floor. The commercial unit is currently leased to a convenience store, while the flat is fully leased to four sub-tenants. With a double frontage of about 25m, this unit is also situated near Ang Mo Kio MRT station and bus interchange, as well as other amenities such as health clinics, an NTUC supermarket, a SingPost branch, and bank branches. The shophouse at 720 Ang Mo Kio Ave 6 is being offered at $11.38 million.
Moving on to the second HDB shophouse, located at 183 Toa Payoh Central, the property features a remaining lease of about 51 years. The two-storey shophouse consists of a 530 sq ft commercial unit on the ground floor and a 710 sq ft residential unit on the upper floor. This corner shophouse also includes a built-in toilet. Surrounding HDB housing estates, the unit is near HDB Hub, Toa Payoh MRT station, and bus interchange. With an asking price of $6.5 million, this unit is a steal.
The third shophouse is a single-storey HDB commercial space at 492 Jurong West Street 41. This 2,300 sq ft unit comprises of three amalgamated units, and is currently leased to a grocery store with a prominent single-level frontage. The property is strategically located at a busy junction of Jurong West Ave 1, making it visible from the junction and attracting high pedestrian footfall. With suggested future developments in the area such as Jurong Central Plaza and Jurong Green Community Club, the shophouse at 492 Jurong West Street 41 is on the market for $9 million.
The fourth property is another single-storey HDB commercial unit, located at 38 Teban Garden Road. With a remaining lease of approximately 60 years, this 720 sq ft unit is next to Teban Gardens Market, an NTUC FairPrice, and a Sheng Siong supermarket. The property is priced at $2.2 million, making it an affordable option for potential buyers.
Last but not least, the fifth property is a single-storey HDB commercial unit in Jurong East Central. Boasting a 115-year leasehold unit, this property is situated beside Jurong East MRT Interchange and features a triple frontage exposure facing J’den, an upcoming mixed-use project. The unit measures 2,809 sq ft and has a remaining lease of 74 years. It is priced at $13 million.
In conclusion, these five HDB shophouses offer a diverse range of options for potential buyers. With different locations, lease tenures and sizes, investors can select the one that best suits their preferences and budget. Don’t miss this opportunity to own a piece of prime commercial property in the heart of Singapore.