3 Adjoining HDB Shops w Living Quarters at Telok Blangah Drive

SRI as the exclusive marketing agent, is pleased to offer you this rare opportunity to acquire 3 adjoining HDB shops with living quarters situated within the heart of Telok Blangah residential enclave – one of the most established residential neighborhoods in Singapore.

Unit Sizes
2nd Level (Living Quarter) : 226 sqm / 2,433 sq ft
1st Level (Shop) : 208 sqm / 2,239 sq ft
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*Total: 434 sqm / 4,672 sq ft*


*Key Investment Highlights*:
-> Limited Supply: only approximately 8,500 HDB shophouses available for resale in the private market as HDB is no longer selling this type of asset
-> Defensive Asset: situated within an established public housing estate, the Property has ready catchment and it is well patronized by residents living in this neighbourhood at any economic situations. This asset class has limited risk exposure.
-> 100% Tenanted
-> Excellent Upside Potential on Rental & Capital Value: with the completion of the Circle Line loop, which will seamlessly connect residents from Telok Blangah to Marina Bay, the CBD, and key destinations across the island, we envisage the rental to increase in the near term. In addition, with the upcoming Berlayar Estate that will have 10,000 new homes, we foresee that there will be a higher demand for retail space and greater potential for rental growth in the next 5 – 10 years.
-> Versatile Usages: The Property is equipped with water points/ floor traps and will be suitable for all various trades such as Medical Clinic, Vet Clinic, Physiotherapy, TCM Clinic, Beauty & Hair that cater to the various needs of the residents living in this estate.
-> Flexibility in Unit Size Configuration: The Property has a regular floor layout that can be easily sub-divided into various sizes and leased to several tenants simultaneously
-> Ample Car Parking Facilities: The Property is located directly in front of a public carpark with ample parking spaces.
-> Foreigners and Companies are eligible to purchase