A corner HDB shophouse located at Block 177 Toa Payoh Central has been listed for sale with a guide price of $5.88 million through an expression of interest (EOI) exercise. This two-storey shophouse boasts a prime location in the bustling Toa Payoh Central and comes with a 78-year leasehold tenure, with 46 years remaining.
The ground floor of the shophouse spans over 635 sq ft while the residential unit on the upper level measures 710 sq ft. Its double frontage of 8.3m and corner unit status offers flexibility and potential for maximizing rental income through further subdivision or alternative use with relevant authority approvals. This was stated by Sammi Lim, the founder and executive director of Brilliance Capital, who is the sole marketing agent for the property.
The guide price works out to be $5.88 million, and the shophouse is currently surrounded by HDB housing estates. The area is well …