# HDB shophouse units in Bras Basah and Lavender up for sale at $13.4 mil

- **Source:** EdgeProp Singapore
- **Published:** 2026-08-12T06:14:10.000Z
- **Author:** Edgeprop Singapore
- **Original:** https://www.edgeprop.sg/property-news/hdb-shophouse-units-bras-basah-and-lavender-sale-134-mil
- **Topics:** HDB & Public Housing, Commercial & Industrial, Transactions & Deals

## Featured rationale

The portfolio’s existing tenancies, prominent locations and potential rental upside may attract income-focused investors and support demand for Singapore’s approximately 8,500 privately held HDB shophouses.

## AI summary

Four fully tenanted HDB shophouse units in Bras Basah and Lavender are offered individually or collectively for $13.4 million through an EOI closing Sept 9.

## Original article

A portfolio of four HDB shophouse units, fully tenanted and located in Bras Basah and Lavender, are available for sale through an expression of interest (EOI) exercise.

They can be acquired either individually or collectively, said the exclusive marketing agent, CBRE. Together, the combined price tag stands at $13.4 million, across a total strata area of about 6,609 sq ft.

Two of them are fully commercial, corner units sitting within Bras Basah Complex at 231 Bain Street. The guide price starts from $9.8 million for these two assets.

Read also: Three adjoining HDB shophouses in Telok Blangah on the market for $7.9 mil

One is on the ground floor of the shopping centre, measuring 1,916 sq ft, with prominent frontage facing Raffles Hotel and is currently tenanted to a Korean minimart.

The other is on the second floor, with dual frontage and directly beside the staircase. Spanning 2,777 sq ft in strata area, this unit is currently leased to a language school.

Over in the Lavender area are two adjacent ground-floor HDB shophouse units at 803 King George’s Avenue, with a guide price from $3.6 million.

They have a combined strata area of about 1,916 sq ft and are currently leased to a cafe-gallery concept.

In an Aug 12 release, CBRE noted that the surrounding precinct has been rejuvenated in recent years and is now home to a growing cluster of lifestyle cafes and fitness centres.

The property along King George’s Avenue is within walking distance to Lavender MRT Station and has ample parking lots in the vicinity.

Read also: HDB shophouses in Toa Payoh and Kovan up for sale at $5.5 mil and $5.3 mil

Michael Tay, CBRE deputy managing director and head of capital markets, Singapore, noted that the portfolio of four units, being fully tenanted, could provide incoming owners with resilient income streams and potential for rental upside.

Tay added that there are only about 8,500 privately held HDB shophouses in Singapore, and the “defensive nature” of such investments appeal to those seeking stable income-generating opportunities.

Joshua Giam, the firm’s director of capital markets, Singapore, said that the price quantum is “palatable” and offers investors the opportunity to enhance returns through rental upside and to potentially subdivide the existing space to accommodate additional tenants.

Subject to the relevant authorities’ approval, these HDB shophouse units may also be suitable for a range of alternative units such as F&B, fitness centres, medical clinics and co-living, among others, Giam added.

He expects “strong interest” from both individual investors and portfolio buyers, given the strategic locations, prominent frontages and potential for value enhancement.

The EOI exercise closes on Sept 9 at 3pm.

Read also: Rare trio of Hougang HDB shophouses hits market for $10.2 mil

Check out the latest listings for Bras Basah, Lavender properties

## Chinese translation

> Translation model: openai_codex_cli

### Bras Basah 和 Lavender 的 HDB 店屋单位以 1,340 万新元出售

其中两个为 Bras Basah Complex 的角头单位，租户为语言学校和迷你超市；另外两个位于 King George's Ave，出租给一家咖啡馆兼画廊。

一个由四个 HDB 组屋店屋单位组成的组合现通过意向书（EOI）方式出售，这些单位均已全数出租，位于 Bras Basah 和 Lavender。

独家营销代理 CBRE 表示，这些单位可单独或整体购入。合计售价为 1,340 万新元，总分层面积约 6,609 平方英尺。

其中两个是位于 231 Bain Street 的 Bras Basah Complex 内的全商业角头单位。这两项资产的指导价从 980 万新元起。

延伸阅读：Three adjoining HDB shophouses in Telok Blangah on the market for $7.9 mil

其中一个位于购物中心底层，面积 1,916 平方英尺，拥有面向 Raffles Hotel 的显眼临街面，目前租给一家韩国迷你超市。

另一个位于二楼，拥有双临街面，并直接毗邻楼梯。该单位分层面积为 2,777 平方英尺，目前出租给一家语言学校。

在 Lavender 区域，803 King George’s Avenue 有两个相邻的底层 HDB 组屋店屋单位，指导价从 360 万新元起。

它们的合计分层面积约 1,916 平方英尺，目前出租给一家咖啡馆兼画廊概念店。

CBRE 在 8 月 12 日的新闻稿中指出，周边区域近年已获活化，如今聚集了越来越多生活方式咖啡馆和健身中心。

King George’s Avenue 沿线物业步行可达 Lavender MRT Station，附近也有充足停车位。

延伸阅读：HDB shophouses in Toa Payoh and Kovan up for sale at $5.5 mil and $5.3 mil

CBRE 新加坡资本市场副董事总经理兼主管 Michael Tay 指出，这四个单位组成的组合均已全数出租，可为新业主提供具韧性的收入流和租金上行潜力。

Tay 补充说，新加坡仅有约 8,500 间私人持有的 HDB 组屋店屋，而这类投资的“防御性”吸引寻求稳定创收机会的人士。

该公司新加坡资本市场董事 Joshua Giam 表示，价格总额“易于接受”，为投资者提供了通过租金上行提升回报，以及可能分割现有空间以容纳更多租户的机会。

Giam 补充说，在获得相关当局批准的前提下，这些 HDB 组屋店屋单位也可能适合一系列替代用途，例如 F&B、健身中心、医疗诊所和共居等。

鉴于其战略位置、显眼临街面和价值提升潜力，他预计将获得个人投资者和组合买家的“强烈兴趣”。

EOI 活动将于 9 月 9 日下午 3 点截止。

延伸阅读：Rare trio of Hougang HDB shophouses hits market for $10.2 mil

查看 Bras Basah、Lavender 房地产的最新房源