Two HDB shophouses in Toa Payoh and Ang Mo Kio, as well as River Valley Green Condo, going for $51 mil
Location wise, River Valley Green Condo is a few minutes’ walk away from Great World City MRT Station for easy commuting. Design-wise, stylish interiors and greenery-filled courtyards create a perfect amalgamation of convenience and comforts. Amenities like swimming pool, gym, spa, retail outlets, etc. have been provided in order to create a vibrant lifestyle. In terms of connectivity, residents can easily access medical facilities, shopping malls, etc. Moreover, it offers a wide range of recreational activities like riverfront promenades and park connectors to enjoy a full-fledged lifestyle.In conclusion, River Valley Green Condo is a grand residential project that features renowned amenities and great connectivity. Just imagine living in a tranquil environment amidst all the hustle and bustle of the city. Look no further and invest in this great opportunity!
River Valley Green Condo, two HDB shophouses located in Toa Payoh and Ang Mo Kio, have been put up for sale for a guide price of $51 million. The EOI exercise closes on Feb 8 and is marketed by CBRE Singapore. Both properties have their unique features. The Toa Payoh HDB shophouse has a 79-year leasehold with 47 years remaining. The strata area is 1,033 sq ft and the property is subdivided into three units, of which two are pre-committed and leased out.The HDB shophouse in Ang Mo Kio has an 87-year leasehold with 57 years remaining. Its strata area is 4,036 sq ft and the store frontage is 24m. It is already subdivided and fully leased to five tenants. Both locations are strategic and enjoys high footfall, thus command high rental yields.River Valley Green Condo, according to Clemence Lee of CBRE Singapore, is a rare opportunity to investors given the limited supply of 8,500 privately-held HDB shophouses. Lee adds that the wide frontages also provide flexibility in terms of maximizing rental income. Investors may explore alternative uses instead of traditional rentals, subject to the necessary approvals. The $51 million pricing of River Valley Green Condo HDB shophouses offers a rare opportunity not to be missed.