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).
TRENDING NOW
Qatari LNG ship struck in Strait of Hormuz, testing US talks
DBS shares rise 1.9% to hit all-time intraday high as sentiment improves
‘Baptism of fire’: Andre Khor on leading Singapore refiner Aster through an energy crisis
Singapore retains top spot as most expensive city for HNWIs, with five Apac cities in global top 10