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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

 Kalpana Rashiwala
Published Fri, Apr 19, 2024 · 09:22 PM
    • A S$10.4 million guide price has been set for a 5,554 sq ft space at Block 210 New Upper Changi Road near Bedok MRT station.
    • A unit at Block 107 Toa Payoh Lorong 1 is among the locations being used by the bank for its 24/7 self-service branches and ATMs.
    • A S$10.4 million guide price has been set for a 5,554 sq ft space at Block 210 New Upper Changi Road near Bedok MRT station. PHOTO: GOOGLE MAPS
    • A unit at Block 107 Toa Payoh Lorong 1 is among the locations being used by the bank for its 24/7 self-service branches and ATMs. PHOTO: GOOGLE MAPS

    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).

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