
SINGAPORE, 7 October 2025 – ERA Singapore has been appointed to launch for sale, via Expression of Interest, a 2-storey Housing and Development Board (HDB) shophouse situated in the bustling Bishan North Shopping Mall.
The 2-storey property comprises a ground-floor shop space and an upper-level residential unit, with a total floor area of approximately 1,507 square feet. It sits on a 99-year lease commencing from 1 February 1991. The shop on the first floor has a strata area of about 743 square feet, while the second-floor living quarters measure around 764 square feet. Notably, like most private shophouses, the upper-floor unit is accessible via a separate entrance at the front of the ground floor, rather than from the back. This allows the second floor to be leased out independently, with tenants able to install their business signage prominently at the front.
The ground floor retail shop enjoys prime frontage and high visibility, facing the main road (Bishan Street 22) and strategically positioned at the junction leading into the public carpark. It is part of a vibrant cluster of shops and eateries at Bishan North Shopping Mall, which caters to the daily needs of residents. Bishan North Shopping Mall is one of the major community destinations in Bishan which offers residents a wide range of services and amenities from coffee shops and tuition centres to medical clinics. The property is also easily accessible via Bishan Road or Marymount Road, and benefits from ample parking options, including both surface lots and multi-storey carparks located within a short walking distance.
With several reputable schools located nearby, the area is a popular choice for enrichment centres catering to the educational needs of residents. The property also benefits from a large residential catchment, drawing from the many surrounding HDB blocks, condominiums and landed housing estates.
The entire two-storey unit is currently fully leased to a medical clinic. For future owners, the property offers flexibility to explore alternative configurations – such as subdividing the ground-floor shop into smaller units or converting it for F&B and other approved uses – which, subject to regulatory approvals, could potentially enhance rental yields.
In terms of accessibility, the property is well-served by both public and private transport. Bishan MRT station and Bishan Bus Interchange are just a short distance away, while drivers enjoy convenient access to major arterial roads. Bishan Road connects directly to the Pan-Island Expressway (PIE) and East Coast Parkway (ECP), ensuring seamless connectivity to the rest of the island.
“Being located right in the epicentre of schools, thousands of residents from HDB and private housing developments as well as several sports facilities, the property should attract business owners who want to capitalise on the strategic location. For investors, they will also be drawn to the immediate rental income as well as future potential capital appreciation. Hence, we believe the property will generate good interest from the market,” said Donald Goh, Director of Capital Markets and Investment Sales at ERA Singapore, who is managing the sale of the property. The Subject Property has an asking price of $4.2 million.
The Expression of Interest exercise will close on 11th November 2025, Tuesday, at 3pm.
For media enquiries, please contact:
Lisha Rodney
Public Relations Manager, ERA Singapore
Email: [email protected]
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