DBS puts 46 retail units, HDB shops on market for S$210 million
The units, previously occupied by full-service bank branches, are in places such as Bishan, Jurong West and Thomson Plaza
DBS has put up for sale a portfolio of 46 HDB shop and shophouse units, and private strata retail units with a total guide price of about S$210 million.
The Business Times understands that the units previously served as full-service bank branches some years ago, and have a total space of around 69,500 square feet (sq ft). The 46 units are available for purchase individually. Sales are said to have begun a few weeks ago.
Among those located in Housing and Development Board estates, the properties are in places such as Bishan, Hougang, Tanjong Pagar, Jurong West, Clementi, Marine Parade Central and Bukit Batok. The 10 private strata retail units are in Thomson Plaza, Gleneagles Medical Centre, The Centrepoint in Orchard Road and at 6 Raffles Quay (formerly known as John Hancock Tower).
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Half of German housing construction firms short on orders
China’s housing mess finally hits Xi’s interest
A way to beat high mortgage rates is to take over someone else’s loan
With China’s property market struggling, India, South Korea and Vietnam are hot
Shophouse sales surge and at higher prices in Q1 as high-net-worth investors return: Knight Frank
Sony’s plans for Paramount include sale of famous studio lot