Two HDB shophouses up for sale in Toa Payoh Central and Kovan

Both have commercial space on the first floor and living quarters upstairs.

Two HDB shophouses in Toa Payoh Central and Kovan have been put up for sale with asking prices of $5.5m and $5.3m, respectively.

The Toa Payoh property is a two-storey development with a total strata area of 1,345 sq ft and has a 78-year leasehold tenure from 1 October 1992.

The first storey has 635 sq ft approved for commercial use, whilst the second storey has 710 sq ft approved as living quarters.

Meanwhile, the Kovan property is a two-storey unit with a total strata area of 1,798 sq ft.

The first storey has 850 sq ft approved for commercial use, whilst the second storey has 947 sq ft approved as living quarters. It has a 90-year leasehold tenure from 1 April 1993.

Interested parties must submit their expression of interest to Sakal Real Estate by 3 pm on 23 July 2026.

Sakal Real Estate said the shophouses may be sold either as a portfolio or individually.

The owner prefers to lease back the properties after the sale to continue business operations, but is also open to a sale with vacant possession.

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