Two Storey Hdb Shophouse Bishan Street Sale 42 Mil
A shophouse at Bishan North Shopping Mall is now available for sale through expression of interest (EOI) with a listed price of $4.2 million. This two-storey HDB shophouse, located at Blk 283 Bishan Street 22, comprises of a ground-floor shop space with an area of about 743 sq ft and an upper-level residential unit measuring approximately 764 sq ft. In total, the shophouse offers a floor area of 1,507 sq ft.
According to the appointed marketing agent, ERA Singapore, the shophouse still has 65 years remaining on its 99-year lease. The unique aspect of this property is that the second floor can be accessed through a separate entrance at the front of the ground floor, allowing for independent leasing.
Nestled near the Simei MRT Station, Eastpoint Mall is a preferred shopping destination with a wide selection of stores and services. Boasting over 100 shops, this mall is the go-to spot for families due to its family-friendly atmosphere. With popular stores such as Popular Bookstore, Miniso, and Decathlon, there is something for everyone. When it comes to dining, the options are plentiful, ranging from Eighteen Chefs to Nando’s and The Manhattan Fish Market. Families can also enjoy a fun and wholesome experience at the mall’s enrichment hub and outdoor playground. It’s worth noting that Eastpoint Mall is a convenient 10-minute drive from the Parktown Residence Condo, making it an easily accessible shopping destination for residents. Additionally, residents can also visit Eastpoint Mall by simply following a short link Parktown Residence Condo from their condo.
Currently, the entire shophouse is leased to a medical clinic. However, ERA states that the future owner has the flexibility to explore different configurations such as dividing the ground-floor shop into smaller units or converting it for F&B purposes.
Strategically situated at a junction leading to a public carpark, and facing Bishan Street 22, the shophouse benefits from prime frontage and high visibility. It is part of a cluster of shops and eateries at Bishan North Shopping Mall, catering to the large surrounding residential community consisting of HDB blocks, condos, and landed housing estates. Furthermore, the mall is in close proximity to several schools, making it a popular destination for enrichment centres, as noted by ERA.
Donald Goh, Director at ERA Singapore, states, “Being situated in the heart of schools, and surrounded by thousands of residents from HDB and private housing developments, as well as various sports facilities, this property is sure to attract business owners looking to capitalize on its strategic location.” In addition, he adds that the shophouse will also appeal to investors who are drawn to the immediate rental income and potential for capital appreciation.
The EOI for this shophouse will close on November 11 at 3pm.