Four retail shops have been put up for sale by Knight Frank. They include two shops within mature HDB estates, a three-storey, freehold shophouse along Havelock Road and a strata retail shop at Parklane Shopping Mall.
One of the HDB shops is along Jalan Bukit Merah and fronts the main road. With an indicative price of $3 million to $3.2 million, it comprises two adjoining shops with living quarters. The combined retail space on the ground floor is 1,507 sq ft, while the living quarters is also the same size. The retail space is currently tenanted to a childcare centre.
The other HDB shop is on Telok Blangah Drive and also comprises two adjoining shops with living quarters. Its guide price is $3 million to $3.1 million. The combined ground floor shop space is 1,518 sq ft, while the living quarters is 1,711 sq ft. The shop space was previously tenanted to a financial institution and still has a bank vault in the property.
Located along a stretch of restaurants on Havelock Road, the 1,574 sq ft shophouse for sale has a gross floor area of 3,207 sq ft. There is parking space along the roadside, and the nearby multi-storey carpark at Beo Crescent. The property comes with a guide price of $4.6 million to $4.8 million.
The 2,002 sq ft strata shop unit is located in Parklane Shopping Mall along Selegie Road, close to The Cathay, POMO, and the School of the Arts. The Bencoolen MRT station on the Downtown Line is about 260m from the unit. The unit is currently tenanted to a McDonald’s outlet and has an indicative price of $4.5 million to $4.6 million.
The strata unit has been launched for sale via Expression of Interest (EOI), while the others are available for sale on an individual basis. The public tender and EOI for the retail shops will close on February 19.