# Two-storey HDB shophouse at Bedok Reservoir hits market again at $3.8 mil

- **Source:** EdgeProp Singapore
- **Published:** 2026-09-16T00:00:00.000Z
- **Author:** Kalynskye Adrian
- **Original:** https://www.edgeprop.sg/property-news/two-storey-hdb-shophouse-bedok-reservoir-hits-market-again-38-mil
- **Topics:** HDB & Public Housing, Commercial & Industrial, Government & Policy

## Featured rationale

The lower asking price and expected 3.7% net property yield may attract income-focused buyers, potentially supporting transactions in mixed-use HDB shophouses.

## AI summary

A fully leased two-storey HDB shophouse at 631 Bedok Reservoir Road is offered at $3.8 million, down from $4 million in March.

## Original article

A two-storey HDB shophouse in the Bedok Reservoir area has been put up for sale via an EOI, with an asking price of $3.8 million.

It was previously put up for sale in March this year, at an asking price of $4 million.

Situated at Blk 631 Bedok Reservoir Road, the property has a total floor area of around 1,636 sq ft. So, the latest guide price works out to $2,323 psf.

[object Object]

It comprises a ground-floor restaurant of 743 sq ft, and a residential unit on the upper level measuring approximately 893 sq ft.

Read also: Building people before profits: The philosophy behind Michael Lim's growing real estate business

The ground-floor space has been approved for F&B usage, with prime frontage along the pedestrian walkway and visibility from the main road. The second floor is accessible via a staircase at the rear of the shophouse.

The property has 55 years left on its 88-year lease, which commenced on Oct 1, 1993.

The entire asset is fully leased, allowing the owner to generate immediate rental income, said ERA Realty, which is marketing the property. Donald Goh, director of capital markets and investment sales at ERA Singapore, notes that the property has an expected net property yield of 3.7%.

He added that there are opportunities for buyers to explore different configurations, such as subdividing the ground-floor retail shop into smaller retail units, subject to approval from authorities.

The EOI exercise will close at 3pm on Oct 15.

## Chinese translation

> Translation model: openai_codex_cli

### 勿洛蓄水池两层HDB店屋再度以380万新元推出市场

该物业此前曾于今年3月以400万新元叫价挂牌出售。

位于勿洛蓄水池一带的一间两层HDB店屋已通过意向书（EOI）方式推出出售，叫价为380万新元。

该物业此前曾于今年3月挂牌出售，叫价为400万新元。

该物业位于勿洛蓄水池路第631座，总楼面面积约为1,636平方英尺。因此，最新指导价折合每平方英尺2,323新元。

[object Object]

该物业包括一楼面积743平方英尺的餐饮店，以及上层一套面积约893平方英尺的住宅单位。

另读：先塑造人才，再追求利润：Michael Lim不断壮大的房地产业务背后的理念

一楼空间已获准作餐饮用途，正面临行人道，位置优越，并可从主路清楚看见。二楼可通过店屋后方的楼梯进入。

该物业的88年租赁契约尚余55年，租期自1993年10月1日开始。

负责营销该物业的ERA Realty表示，整个资产已全部出租，使业主可即时产生租金收入。ERA Singapore资本市场与投资销售董事Donald Goh指出，该物业的预期净物业收益率为3.7%。

他补充称，买家有机会探索不同的配置方式，例如在获得当局批准的前提下，将一楼零售店面分隔成较小的零售单位。

EOI活动将于10月15日下午3时截止。