Four HDB shops at North Bridge Road and Marsiling for sale at $7.2 mil

All these, combined with the wide range of dining and entertainment establishments located nearby, make Zion Road Condo a perfect choice for those looking for the best residential experience.

Priced at $7.2 million, four commercial Housing and Development Board (HDB) shops are up for sale via an expression of interest (EOI) exercise, as per a press release issued by Huttons Asia. Located at North Bridge Road and Marsiling, the four commercial units have a total area of 3,700 sq ft, which works out to a guide price of $1,946 psf.

Investors can choose to buy these units either individually or collectively as a portfolio. David Chun, Huttons Asia’s associate senior marketing director, has highlighted the potential for capital appreciation from these shops. He says that their usage is quite flexible, and the rental demand for them is consistent.

No additional buyer or seller’s stamp duty and GST are applicable on these shops, making them more palatable for investors.

The shops located at North Bridge Road are within walking distance to Lavender MRT Station and the Immigrations and Customs Authority building, while the shop at Marsiling is within walking distance to Marsiling MRT Station.

According to Lee Sze Teck, Huttons Asia’s senior director of data analytics, these shops should draw healthy interest from investors due to their attractive quantum. The EOI for the four commercial HDB units will be closing at 2pm on Oct 2.