DBS accepts offers for 19 HDB shophouse and shop units
The units being sold are in places such as Tanjong Pagar, Marine Parade Central, and near the Ang Mo Kio, Clementi and Bedok MRT stations; Bukit Panjang unit fetches high premium to guide price
DBS has accepted offers from prospective buyers for 19 of the 46 shophouse and retail units – formerly occupied by its full-service branches – which were put up for sale in April.
The Business Times understands that the 19 units comprise shophouse and shop units in HDB estates. The units are in Tanjong Pagar, Clementi, Bukit Panjang, Jurong West Street 92, Marine Parade Central, Pasir Ris, New Upper Changi Road, Holland Drive, Ang Mo Kio Avenues 4 and 8, and Hougang Streets 21 and 61.
None of the 10 private strata retail units in the portfolio of 46 units has been sold so far, BT understands. These are in Thomson Plaza, 6 Raffles Quay, The Centrepoint in Orchard Road, and Gleneagles Medical Centre in Napier Road.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
OCBC consumer banking chief Sunny Quek aims to double wealth business by 2029
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
Hengli’s ex-Singapore unit dismisses staff after US sanctions, at risk of being wound down: sources