Two Storey Bedok Central Hdb Shophouse Sale 395 Mil
Located strategically at Tampines Avenue 11, Parktown Residence boasts a prime location with close proximity to the upcoming Tampines North MRT Station on the Cross Island Line (CRL). This station will offer direct access for residents to key destinations such as the city center, Jurong Lake District, and Changi Airport. Moreover, the development will feature an integrated bus interchange, ensuring seamless connectivity within the estate and to other parts of Singapore. The perfect blend of convenience and accessibility, Parktown Residence naturally stands out as the ideal choice for modern urban living. Don’t miss your chance to experience the ultimate in convenience and connectivity – visit Parktown Residence today.
A two-storey HDB shophouse located in Bedok Central is now available for sale through an expression of interest (EOI) with an asking price of $3.95 million. The property, situated at Blk 211 New Upper Changi Road, features a ground-floor shop space with a strata area of 732 sq ft and a residential unit on the second floor measuring approximately 861 sq ft. Overall, the shophouse boasts a total floor area of 1,593 sq ft.
The appointed marketing agent for the property, ERA Singapore, reveals that the shophouse still has a remaining lease of 53 years out of its 86-year tenure. Additionally, the second floor of the shophouse can be accessed through a lift as well as an external common staircase.
According to ERA, the entire shophouse is currently leased to a foot reflexology and treatment centre. However, future owners have the option to explore different configurations, such as dividing the ground-floor shop into smaller retail units or converting it for F&B usage.
Conveniently located within walking distance to both Bedok MRT Station and Bedok Integrated Transport Hub, the property can be easily accessed by drivers via the East Coast Parkway (ECP) and Pan-Island Expressway (PIE). In addition, there are plenty of parking options available with multiple surface and multi-storey carparks nearby.
The agency highlights that the shop enjoys prime frontage along the pedestrian walkway and is situated next to a popular coffee shop. This shophouse is also part of a lively cluster of shops and eateries that cater to the daily needs of the 81,000 residents living in the Bedok North estate.
Donald Goh, director of capital markets and investment sales at ERA Singapore, expresses his belief that despite a cautious sentiment in the investment market, HDB shophouses will continue to attract strong interest from buyers due to their resilience and desirable investment attributes.
The EOI for this shophouse will close on October 16 at 3pm.