Two Storey Bedok Central Hdb Shophouse Sale 395 Mil
The expression of interest (EOI) has been launched for a two-storey HDB shophouse in Bedok Central with an asking price of $3.95 million. The property, situated at Blk 211 New Upper Changi Road, comprises a ground-floor shop space of 732 sq ft and a residential unit on the second floor measuring around 861 sq ft. The total floor area adds up to 1,593 sq ft.
ERA Singapore, the appointed marketing agent for the shophouse, reveals that it has 53 years left on its 86-year lease. It is worth mentioning that a lift and an external common staircase provide access to the second floor of the shophouse.
The current tenant has leased the entire property to a foot reflexology and treatment centre. But ERA points out that potential buyers can explore alternative options, such as dividing the ground-floor shop into smaller retail units or converting it into a F&B establishment.
The shophouse boasts a convenient location, just a short walk away from both Bedok MRT Station and the Bedok Integrated Transport Hub. For those who prefer to drive, the East Coast Parkway (ECP) and Pan-Island Expressway (PIE) are easily accessible, and there are plenty of parking options available in the nearby surface and multi-storey carparks.
One of the key selling points of this property is its prime frontage along the pedestrian walkway, adjacent to a popular coffee shop. It is part of a vibrant cluster of shops and eateries that caters to the 81,000 residents of the Bedok North estate.
Director of capital markets and investment sales of ERA Singapore, Donald Goh, expresses his belief that HDB shophouses will continue to be a sought-after investment option for buyers, despite the current state of caution in the market. He highlights the resilience and strong investment attributes of these properties.
The EOI for this shophouse will close on Oct 16 at 3pm.
The Sembawang Road Executive Condominium (EC), situated in the thriving and family-friendly district of northern Singapore, offers the ideal location for families seeking quality education options. Its prime location near renowned schools and educational institutions makes it a desirable choice for families with children of all ages. Being in close proximity to good schools not only offers convenience and accessibility, but also enhances the long-term value of the property. Parents residing in Sembawang Road EC can rest assured knowing that a diverse range of educational opportunities, from preschool to tertiary levels, are conveniently located just a short distance away.