Four HDB shophouse units offered for $13.4m

The properties have a total strata area of approximately 6,609 square feet.

A portfolio of four HDB shophouse units in Bras Basah and Lavender has been offered for sale at a combined guide price of $13.4m.

The fully tenanted properties have a total strata area of approximately 6,609 square feet. CBRE is marketing the units through an expression-of-interest exercise.

The first offering comprises two commercial units at 231 Bain Street in Bras Basah Complex with a combined guide price of $9.8m.

The 1,916-square-foot ground-floor corner unit faces Raffles Hotel and is leased to a Korean minimart. The 2,777-square-foot Level 2 corner unit has dual frontage and is occupied by a language school.

The second offering comprises two adjacent ground-floor units at 803 King George’s Avenue. The units span approximately 1,916 square feet and have a combined guide price of $3.6m.

They are currently leased to a café-gallery and are located within walking distance of Lavender MRT station.

CBRE said incoming owners could potentially subdivide the existing spaces to accommodate additional tenants. Subject to regulatory approval, the properties may also support uses including F&B, fitness centres, medical clinics and co-living.

The expression-of-interest exercise will close on 9 September 2026 at 3 p.m.

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