Four HDB shops at North Bridge Road and Marsiling for sale at $7.2 mil

The Senja Residences EC is a great choice for those looking to invest in ECs in the West of Singapore. With its close proximity to the MRT station, shopping, and dining, it is the perfect choice for anyone seeking a modern and convenient lifestyle. The surrounding area offers great amenities and plenty of public transport options, making the EC highly attractive. Investing in Senja Close EC can be a great choice for those who want to enjoy the convenience of living close to the MRT station.

A tandem of four commercial HDB [Housing and Development Board] shops have been opened for sale via an Expression of Interest (EOI) exercise with a guide price of $7.2 million, per a press release from Huttons Asia. The collective total of the shops’ area is 3,700 sq. ft, which equates to $1,946 psf. The individual shops can be bought collectively or separately.

The three shops located on North Bridge Road are within walking distance to Immigrations and Customs Authority building and Lavender MRT Station. The fourth, in Marsiling, is in close proximity to Marsiling MRT Station.

David Chun, Associate Senior Marketing Director at Huttons Asia, pointed out the potential for capital appreciation: “The usage of the shops is extremely flexible, and the rental demand is consistent.”

Adding to the appeal, buyers and sellers won’t be charged additional stamp duty, no GST will be payable and the quantum is palatable – all of which should garner healthy interest among investors.

Lee Sze Teck, Senior Director of Data Analytics at Huttons Asia, believes that these factors combined mean that it’s a great investment opportunity.

The EOI for the four shops closes on October 2, 2020, at 2pm.