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30px;display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-box-pack:end;-webkit-justify-content:end;-ms-flex-pack:end;justify-content:end;gap:12px;}.footerv2__column{width:-webkit-fit-content;width:-moz-fit-content;width:fit-content;display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-flex-direction:row;-ms-flex-direction:row;flex-direction:row;gap:12px;}@media only screen and (max-width:767px){.footerv2__bordered-text{border-right:unset;padding-right:unset;}.footerv2__footer-text{margin-bottom:8px;}.footerv2__footer{padding:24px 16px 32px;-webkit-box-pack:start;-webkit-justify-content:start;-ms-flex-pack:start;justify-content:start;gap:unset;}.footerv2__column{width:50%;display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-flex-direction:column;-ms-flex-direction:column;flex-direction:column;gap:unset;}}</style><style id="__jsx-2115070005">body{margin:0 !important;width:auto !important;height:100vh;font-family:Poppins,san-serif;position:initial !important;}.grecaptcha-badge{visibility:hidden !important;}div{font-family:Poppins,san-serif;}.page-content{max-width:1200px;margin:auto;}.header{position:fixed;top:0;z-index:2;width:100%;}.breadcrumbs{margin-top:60px;}@media only screen and (min-width:0px) and (max-width:639px){body{overflow:auto;overflow-x:hidden;}.main-content{overflow-x:hidden;}}.dark-hr{border:solid 0.5px #e5e5e5;width:100%;box-sizing:border-box;}</style></head><body><div id="__next"><div class="jsx-2115070005 property_news"><div></div><div class="jsx-2115070005 row header no-margin"><div class="jsx-1775691018 sticky-container-header sticky-container"><div></div><div id="widemenu" class="jsx-1775691018 header"><div class="jsx-1775691018 header-logo"><a name="edgeprop_logo" href="https://www.edgeprop.sg" class="jsx-1775691018"><img alt="edgeprop" src="https://sg.tepcdn.com/web4/public/img/new-logo.png" width="97" height="30" class="jsx-1775691018"/></a></div><div class="jsx-1775691018 header-menu"><div style="display:table-cell;vertical-align:middle" class="ipadview"><div><a style="color:white;text-decoration:none" href="/"><div style="padding:10px 18px 13px 10px;background-color:#275075" class="jsx-2907517836 menu-item"><div></div><div class="jsx-2907517836 menu-icon "></div><div style="font-size:15px;font-weight:300" class="jsx-2907517836 menu-text ">Home</div></div></a></div></div><div style="display:table-cell;vertical-align:middle" class=""><div style="height:50px" id="menu_item_Sale"><div style="padding:12px 9px 13px 9px;background-color:#275075" class="jsx-2907517836 menu-item"><div></div><div class="jsx-2907517836 menu-icon "></div><div style="font-size:15px;font-weight:300" class="jsx-2907517836 menu-text ">Sale</div><div class="jsx-2907517836 dropdownArrow"><i aria-hidden="true" class="jsx-2907517836 fa fa-caret-down"></i></div></div></div></div><div style="display:table-cell;vertical-align:middle" class=""><div style="height:50px" id="menu_item_Rent"><div style="padding:12px 9px 13px 9px;background-color:#275075" class="jsx-2907517836 menu-item"><div></div><div class="jsx-2907517836 menu-icon "></div><div style="font-size:15px;font-weight:300" class="jsx-2907517836 menu-text ">Rent</div><div class="jsx-2907517836 dropdownArrow"><i aria-hidden="true" class="jsx-2907517836 fa fa-caret-down"></i></div></div></div></div><div style="display:table-cell;vertical-align:middle" class=""><div style="height:50px" id="menu_item_New Launches"><div style="padding:12px 9px 13px 9px;background-color:#275075" class="jsx-2907517836 menu-item"><div></div><div class="jsx-2907517836 menu-icon "></div><div style="font-size:15px;font-weight:300" class="jsx-2907517836 menu-text ">New Launches</div><div class="jsx-2907517836 dropdownArrow"><i aria-hidden="true" class="jsx-2907517836 fa fa-caret-down"></i></div></div></div></div><div style="display:table-cell;vertical-align:middle" class=""><div style="height:50px" id="menu_item_Analytics"><div style="padding:12px 9px 13px 9px;background-color:#275075" class="jsx-2907517836 menu-item"><div></div><div class="jsx-2907517836 menu-icon "></div><div style="font-size:15px;font-weight:300" class="jsx-2907517836 menu-text ">Analytics</div><div class="jsx-2907517836 dropdownArrow"><i aria-hidden="true" class="jsx-2907517836 fa fa-caret-down"></i></div></div></div></div><div style="display:table-cell;vertical-align:middle" class=""><div><a style="color:white;text-decoration:none" href="/property-news"><div style="padding:13px 9px 14px 9px;background-color:#275075" class="jsx-2907517836 menu-item"><div></div><div class="jsx-2907517836 menu-icon "></div><div style="font-size:15px;font-weight:300" class="jsx-2907517836 menu-text ">Property News</div></div></a></div></div><div style="display:table-cell;vertical-align:middle" class=""><div><a style="color:white;text-decoration:none" href="https://buddy.edgeprop.sg"><div style="padding:13px 9px 14px 9px;background-color:#275075" class="jsx-2907517836 menu-item"><div></div><div class="jsx-2907517836 menu-red-dot menu-red-dot--desktop"></div><div class="jsx-2907517836 menu-icon "></div><div style="font-size:15px;font-weight:300" class="jsx-2907517836 menu-text ">Ask Buddy</div></div></a></div></div><div style="display:table-cell;vertical-align:middle" class=""><div style="height:50px" id="menu_item_Agent"><div style="padding:12px 9px 13px 9px;background-color:#275075" class="jsx-2907517836 menu-item"><div></div><div class="jsx-2907517836 menu-icon "></div><div style="font-size:15px;font-weight:300" class="jsx-2907517836 menu-text ">Agent</div><div class="jsx-2907517836 dropdownArrow"><i aria-hidden="true" class="jsx-2907517836 fa fa-caret-down"></i></div></div></div></div><div id="menu_item_Translate" style="position:relative" class="jsx-1775691018 header-menu-item"><div 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class="jsx-1775691018 header-menu-item"><div style="padding:12px 9px 13px 9px;background-color:#275075" class="jsx-2907517836 menu-item"><div></div><div class="jsx-2907517836 menu-icon "></div><div style="font-size:15px;font-weight:300" class="jsx-2907517836 menu-text ">Login</div><div class="jsx-2907517836 dropdownArrow"><i aria-hidden="true" class="jsx-2907517836 fa fa-caret-down"></i></div></div></div><div class="jsx-1775691018 header-menu-item"><div style="padding:0px 12px 5px 5px;background-color:#275075" class="jsx-2907517836 menu-item"><div></div><div class="jsx-2907517836 menu-icon "><div class="jsx-2907517836"><img style="width:16px;height:16px;padding-top:2px;box-sizing:border-box" src="https://sg.tepcdn.com/web4/public/img/icons/menu_more.png" class="jsx-2907517836 icon "/></div></div><div style="font-size:16px;font-weight:200" class="jsx-2907517836 menu-text "></div></div></div><div style="right:0px;background-color:#ffffff;width:140px" class="jsx-2281942021 menu-dropdown hide"><div class="jsx-354768356"><a href="/condo-apartment-for-sale" style="color:white;text-decoration:none" class="jsx-354768356"><div style="padding:8px 15px 8px;font-size:13px;font-weight:400;color:#4a4a4a;background-color:#ffffff" class="jsx-354768356 option"><div></div>Condo</div></a></div><div class="jsx-354768356"><a href="/landed-for-sale" style="color:white;text-decoration:none" class="jsx-354768356"><div style="padding:8px 15px 8px;font-size:13px;font-weight:400;color:#4a4a4a;background-color:#ffffff" class="jsx-354768356 option"><div></div>Landed</div></a></div><div class="jsx-354768356"><a href="/hdb-for-sale" style="color:white;text-decoration:none" class="jsx-354768356"><div style="padding:8px 15px 8px;font-size:13px;font-weight:400;color:#4a4a4a;background-color:#ffffff" class="jsx-354768356 option"><div></div>HDB</div></a></div><div class="jsx-354768356"><a href="/commercial-for-sale" style="color:white;text-decoration:none" class="jsx-354768356"><div style="padding:8px 15px 8px;font-size:13px;font-weight:400;color:#4a4a4a;background-color:#ffffff" class="jsx-354768356 option"><div></div>Commercial</div></a></div><div class="jsx-354768356"><a href="/industrial-for-sale" style="color:white;text-decoration:none" class="jsx-354768356"><div style="padding:8px 15px 8px;font-size:13px;font-weight:400;color:#4a4a4a;background-color:#ffffff" class="jsx-354768356 option"><div></div>Industrial</div></a></div></div><div style="right:0px;background-color:#ffffff;width:140px" class="jsx-2281942021 menu-dropdown hide"><div class="jsx-354768356"><a href="/property-for-room-rental" style="color:white;text-decoration:none" class="jsx-354768356"><div style="padding:8px 15px 8px;font-size:13px;font-weight:400;color:#4a4a4a;background-color:#ffffff" class="jsx-354768356 option"><div></div>Room Rental</div></a></div><div class="jsx-354768356"><a href="/condo-apartment-for-rent" style="color:white;text-decoration:none" class="jsx-354768356"><div style="padding:8px 15px 8px;font-size:13px;font-weight:400;color:#4a4a4a;background-color:#ffffff" class="jsx-354768356 option"><div></div>Condo</div></a></div><div class="jsx-354768356"><a href="/landed-for-rent" style="color:white;text-decoration:none" class="jsx-354768356"><div style="padding:8px 15px 8px;font-size:13px;font-weight:400;color:#4a4a4a;background-color:#ffffff" class="jsx-354768356 option"><div></div>Landed</div></a></div><div class="jsx-354768356"><a href="/hdb-for-rent" style="color:white;text-decoration:none" class="jsx-354768356"><div style="padding:8px 15px 8px;font-size:13px;font-weight:400;color:#4a4a4a;background-color:#ffffff" class="jsx-354768356 option"><div></div>HDB</div></a></div><div class="jsx-354768356"><a href="/commercial-for-rent" style="color:white;text-decoration:none" class="jsx-354768356"><div style="padding:8px 15px 8px;font-size:13px;font-weight:400;color:#4a4a4a;background-color:#ffffff" class="jsx-354768356 option"><div></div>Commercial</div></a></div><div class="jsx-354768356"><a href="/industrial-for-rent" style="color:white;text-decoration:none" class="jsx-354768356"><div style="padding:8px 15px 8px;font-size:13px;font-weight:400;color:#4a4a4a;background-color:#ffffff" class="jsx-354768356 option"><div></div>Industrial</div></a></div></div><div style="right:0px;background-color:#ffffff;width:150px" class="jsx-2281942021 menu-dropdown hide"><div class="jsx-354768356"><a href="/new-launches" style="color:white;text-decoration:none" class="jsx-354768356"><div style="padding:8px 15px 8px;font-size:13px;font-weight:400;color:#4a4a4a;background-color:#ffffff" class="jsx-354768356 option"><div></div>All New Launches</div></a></div><div class="jsx-354768356"><a href="/executive-condo" style="color:white;text-decoration:none" class="jsx-354768356"><div style="padding:8px 15px 8px;font-size:13px;font-weight:400;color:#4a4a4a;background-color:#ffffff" class="jsx-354768356 option"><div></div>Executive Condo</div></a></div><div class="jsx-354768356"><a href="/overseas" style="color:white;text-decoration:none" class="jsx-354768356"><div style="padding:8px 15px 8px;font-size:13px;font-weight:400;color:#4a4a4a;background-color:#ffffff" class="jsx-354768356 option"><div></div>Overseas</div></a></div></div><div style="right:0px;background-color:#ffffff;width:110px" class="jsx-2281942021 menu-dropdown hide"><div class="jsx-354768356"><div style="padding:8px 15px 8px;font-size:13px;font-weight:400;color:#4a4a4a;background-color:#ffffff" class="jsx-354768356 option">User</div></div><div class="jsx-354768356"><div style="padding:8px 15px 8px;font-size:13px;font-weight:400;color:#4a4a4a;background-color:#ffffff" class="jsx-354768356 option">Agent</div></div></div><div style="right:95px;background-color:#ffffff;width:110px" class="jsx-2281942021 menu-dropdown hide"><div class="jsx-354768356"><div style="padding:8px 15px 8px;font-size:13px;font-weight:400;color:#4a4a4a;background-color:#ffffff" class="jsx-354768356 option">User</div></div><div class="jsx-354768356"><div style="padding:8px 15px 8px;font-size:13px;font-weight:400;color:#4a4a4a;background-color:#ffffff" class="jsx-354768356 option">Agent</div></div></div><div style="right:0px;background-color:#ffffff;width:130px" class="jsx-2281942021 menu-dropdown hide"><div class="jsx-354768356"><div style="padding:8px 15px 8px;font-size:13px;font-weight:400;color:#4a4a4a;background-color:#ffffff" class="jsx-354768356 option"><div class="jsx-354768356 dropdown-radio"><input type="radio" class="jsx-354768356" checked=""/> <!-- -->EN - English</div></div></div><div class="jsx-354768356"><div style="padding:8px 15px 8px;font-size:13px;font-weight:400;color:#4a4a4a;background-color:#ffffff" class="jsx-354768356 option"><div class="jsx-354768356 dropdown-radio"><input type="radio" class="jsx-354768356"/> <!-- -->CN - 中文</div></div></div></div><div style="right:0px;background-color:#ffffff;width:140px" class="jsx-2281942021 menu-dropdown hide"><div class="jsx-354768356"><a href="/agent-product" style="color:white;text-decoration:none" class="jsx-354768356"><div style="padding:8px 15px 8px;font-size:13px;font-weight:400;color:#4a4a4a;background-color:#ffffff" class="jsx-354768356 option"><div></div>I’m an Agent</div></a></div><div class="jsx-354768356"><a href="/property-agents" style="color:white;text-decoration:none" class="jsx-354768356"><div style="padding:8px 15px 8px;font-size:13px;font-weight:400;color:#4a4a4a;background-color:#ffffff" class="jsx-354768356 option"><div></div>Find Agent</div></a></div></div><div style="right:40px;background-color:#ffffff;width:auto" class="jsx-2281942021 menu-dropdown hide"><div style="color:#4a4a4a;padding:10px 15px 10px;border-bottom:2px solid #F3F6F9;display:flex;align-items:center"><div style="display:inline-block"><div style="padding:0px 12px 5px 5px;background-color:#ffffff" class="jsx-2907517836 menu-item"><div></div><div class="jsx-2907517836 menu-icon "><div class="jsx-2907517836"><img style="width:40px;height:40px;padding-top:2px;box-sizing:border-box" src="https://sg.tepcdn.com/images/avatar.png" class="jsx-2907517836 icon rounded "/></div></div><div style="font-size:16px;font-weight:200" class="jsx-2907517836 menu-text "></div></div></div><div style="display:inline-block"><div style="padding:0px 9px 0px 9px;background-color:#ffffff" class="jsx-2907517836 menu-item"><div></div><div class="jsx-2907517836 menu-icon "></div><div style="font-size:14px;font-weight:600" class="jsx-2907517836 menu-text "></div></div><div style="padding:0px 9px 0px 9px;background-color:#ffffff" class="jsx-2907517836 menu-item"><div></div><div class="jsx-2907517836 menu-icon "></div><div style="font-size:12px;font-weight:300" class="jsx-2907517836 menu-text "></div></div></div></div><div class="jsx-354768356"><a href="/profile" style="color:white;text-decoration:none" class="jsx-354768356"><div style="padding:8px 15px 8px;font-size:13px;font-weight:500;color:#4a4a4a;background-color:#ffffff" class="jsx-354768356 option"><div></div>My Profile</div></a></div><div class="jsx-354768356"><a href="/inbox" style="color:white;text-decoration:none" class="jsx-354768356"><div style="padding:8px 15px 8px;font-size:13px;font-weight:500;color:#4a4a4a;background-color:#ffffff" class="jsx-354768356 option"><div></div>Inbox</div></a></div><div class="jsx-354768356"><a href="/savedsearch" style="color:white;text-decoration:none" class="jsx-354768356"><div style="padding:8px 15px 8px;font-size:13px;font-weight:500;color:#4a4a4a;background-color:#ffffff" class="jsx-354768356 option"><div></div>Saved Search</div></a></div><div class="jsx-354768356"><div style="padding:8px 15px 8px;font-size:13px;font-weight:500;color:#4a4a4a;background-color:#ffffff" class="jsx-354768356 option"><div style="padding:0px 0px 0px 0px;background-color:#ffffff" class="jsx-2907517836 menu-item"><div></div><div class="jsx-2907517836 menu-icon "><i style="font-size:16px;color:;margin-right:8px" aria-hidden="true" class="jsx-2907517836 fa fas fa-power-off icon"></i></div><div style="font-size:13px;font-weight:500" class="jsx-2907517836 menu-text ">Logout</div></div></div></div></div><div class="jsx-2972838978"><div id="side-popup" class="jsx-2972838978 side-menu hide"><div class="jsx-1692740195"><div style="font-size:18px;font-weight:600;padding:5px 16px 5px 24px;background-color:#275075" class="jsx-691572064 menu-item side-menu-item"><div></div><a href="/condo-apartment" class="jsx-691572064 hyperlink-link"><div class="jsx-691572064 hyperlink hyperlink-event"><span class="jsx-691572064 hyperlink-container"><span style="position:relative" class="jsx-691572064 hyperlink-content">Condo</span></span></div></a></div><div class="jsx-1692740195 sub-menu"></div></div><div class="jsx-1692740195"><div style="font-size:18px;font-weight:600;padding:5px 16px 5px 24px;background-color:#275075" class="jsx-691572064 menu-item side-menu-item"><div></div><a href="/hdb" class="jsx-691572064 hyperlink-link"><div class="jsx-691572064 hyperlink hyperlink-event"><span class="jsx-691572064 hyperlink-container"><span style="position:relative" class="jsx-691572064 hyperlink-content">HDB</span></span></div></a></div><div class="jsx-1692740195 sub-menu"></div></div><div class="jsx-1692740195"><div style="font-size:18px;font-weight:600;padding:5px 16px 5px 24px;background-color:#275075" class="jsx-691572064 menu-item side-menu-item"><div></div><a href="/landed-house" class="jsx-691572064 hyperlink-link"><div class="jsx-691572064 hyperlink hyperlink-event"><span class="jsx-691572064 hyperlink-container"><span style="position:relative" class="jsx-691572064 hyperlink-content">Landed</span></span></div></a></div><div class="jsx-1692740195 sub-menu"></div></div><div class="jsx-1692740195"><div style="font-size:18px;font-weight:600;padding:5px 16px 5px 24px;background-color:#275075" class="jsx-691572064 menu-item side-menu-item"><div></div><a href="/commercial" class="jsx-691572064 hyperlink-link"><div class="jsx-691572064 hyperlink hyperlink-event"><span class="jsx-691572064 hyperlink-container"><span style="position:relative" class="jsx-691572064 hyperlink-content">Commercial</span></span></div></a></div><div class="jsx-1692740195 sub-menu"></div></div><div class="jsx-1692740195"><div style="font-size:18px;font-weight:600;padding:5px 16px 5px 24px;background-color:#275075" class="jsx-691572064 menu-item side-menu-item"><div></div><a href="/industrial" class="jsx-691572064 hyperlink-link"><div class="jsx-691572064 hyperlink hyperlink-event"><span class="jsx-691572064 hyperlink-container"><span style="position:relative" class="jsx-691572064 hyperlink-content">Industrial</span></span></div></a></div><div class="jsx-1692740195 sub-menu"></div></div><div class="jsx-1692740195"><div style="font-size:18px;font-weight:600;padding:5px 16px 5px 24px;background-color:#275075" class="jsx-691572064 menu-item side-menu-item"><div></div><a href="/cast" class="jsx-691572064 hyperlink-link"><div class="jsx-691572064 hyperlink hyperlink-event"><span class="jsx-691572064 hyperlink-container"><span style="position:relative" class="jsx-691572064 hyperlink-content">Cast</span></span></div></a></div><div class="jsx-1692740195 sub-menu"></div></div><div class="jsx-1692740195"><div style="font-size:18px;font-weight:600;padding:5px 16px 5px 24px;background-color:#275075" class="jsx-691572064 menu-item side-menu-item"><div></div><a href="/content/mortgage" class="jsx-691572064 hyperlink-link"><div class="jsx-691572064 hyperlink hyperlink-event"><span class="jsx-691572064 hyperlink-container"><span style="position:relative" class="jsx-691572064 hyperlink-content">Mortgage</span></span></div></a></div><div class="jsx-1692740195 sub-menu"></div></div><div class="jsx-1692740195"><div style="font-size:18px;font-weight:600;padding:5px 16px 5px 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style="font-size:18px;font-weight:600;padding:5px 16px 5px 24px;background-color:#275075" class="jsx-691572064 menu-item side-menu-item"><div></div><a href="https://www.theedgesingapore.com/" class="jsx-691572064 hyperlink-link"><div class="jsx-691572064 hyperlink hyperlink-event"><span class="jsx-691572064 hyperlink-container"><span style="position:relative" class="jsx-691572064 hyperlink-content">The Edge SG</span></span></div></a></div><div class="jsx-1692740195 sub-menu"></div></div></div><div id="side-stream-popup" class="jsx-2972838978 side-menu hide"></div></div><div class="jsx-2350688391 hide"><div class="jsx-2350688391 protools-menu"><div style="background-color:#f5f5f5;padding:10px 30px 14%" class="jsx-642068783 vertical-menu"><div></div><span style="font-size:24px" class="jsx-642068783 analytic-menu-title">Free Tools</span><a href="/gooddeal" class="jsx-439027949"><div style="font-weight:300" class="jsx-439027949"><div></div><span class="jsx-439027949"><span style="font-size:18px" class="jsx-439027949 tools free">Is it a Good Deal?<img style="height:18px;margin-left:5px;display:inline-block" src="https://sg.tepcdn.com/public/usr/8bua27/9e5072-new-header-icon.png" class="jsx-439027949 image-blurry-optimize"/><span style="font-size:14px" class="jsx-439027949 tools-desc">Assess your purchase price using a combination of EdgeProp tools</span></span></span></div></a><a href="/affordability-calculator" class="jsx-439027949"><div style="font-weight:300" class="jsx-439027949"><div></div><span class="jsx-439027949"><span style="font-size:18px" class="jsx-439027949 tools free">Affordability Calculator<span style="font-size:14px" class="jsx-439027949 tools-desc">Check how much you can borrow to buy a home</span></span></span></div></a><a href="https://get.edgeprop.sg/property-calculators/" class="jsx-439027949"><div style="font-weight:300" class="jsx-439027949"><div></div><span class="jsx-439027949"><span style="font-size:18px" class="jsx-439027949 tools free">Property Calculators<span style="font-size:14px" class="jsx-439027949 tools-desc">Calculators for all your property related needs</span></span></span></div></a><a href="/en-bloc-calculator" class="jsx-439027949"><div style="font-weight:300" class="jsx-439027949"><div></div><span class="jsx-439027949"><span style="font-size:18px" class="jsx-439027949 tools free">En Bloc Calculator<span style="font-size:14px" class="jsx-439027949 tools-desc">Find out if your condo will be the next en-bloc</span></span></span></div></a><a href="/hdb-tenure" class="jsx-439027949"><div style="font-weight:300" class="jsx-439027949"><div></div><span class="jsx-439027949"><span style="font-size:18px" class="jsx-439027949 tools free">My HDB Lease<span style="font-size:14px" class="jsx-439027949 tools-desc">Find out how many years left before you surrender your HDB</span></span></span></div></a><a href="/condo-apartment" class="jsx-439027949"><div style="font-weight:300" class="jsx-439027949"><div></div><span class="jsx-439027949"><span style="font-size:18px" class="jsx-439027949 tools free">Research<span style="font-size:14px" class="jsx-439027949 tools-desc">Comprehensive report & price trends of all types of properties</span></span></span></div></a><a href="/analytic/edgefairvalue" class="jsx-439027949"><div style="font-weight:300" class="jsx-439027949"><div></div><span class="jsx-439027949"><span style="font-size:18px" class="jsx-439027949 tools free">Edge Fair Value<img style="height:18px;margin-left:5px;display:inline-block" src="https://sg.tepcdn.com/public/usr/8bua27/1226bb-popular-header-icon.png" class="jsx-439027949 image-blurry-optimize"/><span style="font-size:14px" class="jsx-439027949 tools-desc">Find properties listed below market price</span></span></span></div></a><a href="/analytic/heatmap" class="jsx-439027949"><div style="font-weight:300" class="jsx-439027949"><div></div><span class="jsx-439027949"><span style="font-size:18px" class="jsx-439027949 tools free">Heatmap<span style="font-size:14px" class="jsx-439027949 tools-desc">Interactive map to see the most and least popular neighbourhoods</span></span></span></div></a><a href="/market-trend" class="jsx-439027949"><div style="font-weight:300" class="jsx-439027949"><div></div><span class="jsx-439027949"><span style="font-size:18px" class="jsx-439027949 tools free">Market Trends<span style="font-size:14px" class="jsx-439027949 tools-desc">What's trending in property market</span></span></span></div></a><a href="/analytic/amenities" class="jsx-439027949"><div style="font-weight:300" class="jsx-439027949"><div></div><span class="jsx-439027949"><span style="font-size:18px" class="jsx-439027949 tools free">Amenities Check<span style="font-size:14px" class="jsx-439027949 tools-desc">Check nearby amenities from any location in Singapore</span></span></span></div></a><a href="/market-watch/developer-sales" class="jsx-439027949"><div style="font-weight:300" class="jsx-439027949"><div></div><span class="jsx-439027949"><span style="font-size:18px" class="jsx-439027949 tools free">Market Watch<span style="font-size:14px" class="jsx-439027949 tools-desc">What's transacting in the property market</span></span></span></div></a></div><div style="background-color:white;padding:10px 30px 20px" class="jsx-642068783 vertical-menu"><div></div><span style="font-size:24px" class="jsx-642068783 analytic-menu-title">Premium Tools</span><a href="" class="jsx-439027949"><div style="font-weight:300" class="jsx-439027949"><div></div><span style="font-size:18px" class="jsx-439027949 group-tools"><span class="jsx-439027949 group-tools-title">Presentation Tool</span></span></div></a><a href="/landlens" class="jsx-439027949"><div style="font-weight:300" class="jsx-439027949"><div></div><span class="jsx-439027949"><span style="font-size:18px" class="jsx-439027949 tools">LandLens<img style="height:18px;margin-left:5px;display:inline-block" src="https://sg.tepcdn.com/public/usr/8bua27/0a2576-advanced-header-icon.png" class="jsx-439027949 image-blurry-optimize"/><span style="font-size:14px" class="jsx-439027949 tools-desc">Our enterprise-level solution for users looking for the most advanced research and visualisation tool</span></span></span></div></a><a href="/analytic/inspector" class="jsx-439027949"><div style="font-weight:300" class="jsx-439027949"><div></div><span class="jsx-439027949"><span style="font-size:18px" class="jsx-439027949 tools">Inspector<img style="height:18px;margin-left:5px;display:inline-block" src="https://sg.tepcdn.com/public/usr/8bua27/1226bb-popular-header-icon.png" class="jsx-439027949 tools-title-image image-blurry-optimize"/><span style="font-size:14px" class="jsx-439027949 tools-desc">The latest tool to inspect landed</span></span></span></div></a><a href="" class="jsx-439027949"><div style="font-weight:300" class="jsx-439027949"><div></div><span style="font-size:18px" class="jsx-439027949 group-tools"><span class="jsx-439027949 group-tools-title">Research and Analytics Tools</span></span></div></a><a href="/analytic/tower" class="jsx-439027949"><div style="font-weight:300" class="jsx-439027949"><div></div><span class="jsx-439027949"><span style="font-size:18px" class="jsx-439027949 tools">Tower View<span style="font-size:14px" class="jsx-439027949 tools-desc">View prices arranged in storeys & stacks, first of its kind, Includes floor plan</span></span></span></div></a><a href="/analytic/street" class="jsx-439027949"><div style="font-weight:300" class="jsx-439027949"><div></div><span class="jsx-439027949"><span style="font-size:18px" class="jsx-439027949 tools">Street View<span style="font-size:14px" class="jsx-439027949 tools-desc">Discover property transactions along any street in Singapore</span></span></span></div></a><a href="/analytic/landsales" class="jsx-439027949"><div style="font-weight:300" class="jsx-439027949"><div></div><span class="jsx-439027949"><span style="font-size:18px" class="jsx-439027949 tools">Land Sales<span style="font-size:14px" class="jsx-439027949 tools-desc">Stay ahead of the curve. Be the first to work out developer's selling price</span></span></span></div></a><a href="" class="jsx-439027949"><div style="font-weight:300" class="jsx-439027949"><div></div><span style="font-size:18px" class="jsx-439027949 group-tools"><span class="jsx-439027949 group-tools-title">Prospecting</span></span></div></a><a href="/analytic/featuredenquiries" class="jsx-439027949"><div style="font-weight:300" class="jsx-439027949"><div></div><span class="jsx-439027949"><span style="font-size:18px" class="jsx-439027949 tools">Featured Enquiries<span style="font-size:14px" class="jsx-439027949 tools-desc">Real daily leads from buyers and tenants</span></span></span></div></a><a href="/analytic/fsbo" class="jsx-439027949"><div style="font-weight:300" class="jsx-439027949"><div></div><span class="jsx-439027949"><span style="font-size:18px" class="jsx-439027949 tools">FSBO<span style="font-size:14px" class="jsx-439027949 tools-desc">Real daily leads from owners and landlords</span></span></span></div></a><a href="/analytic/hdbmop" class="jsx-439027949"><div style="font-weight:300" class="jsx-439027949"><div></div><span class="jsx-439027949"><span style="font-size:18px" class="jsx-439027949 tools">HDB MOP<span style="font-size:14px" class="jsx-439027949 tools-desc">Check all HDB units where MOP has lapsed</span></span></span></div></a><a href="/analytic/lease-expiry" class="jsx-439027949"><div style="font-weight:300" class="jsx-439027949"><div></div><span class="jsx-439027949"><span style="font-size:18px" class="jsx-439027949 tools">Lease Expiry<span style="font-size:14px" class="jsx-439027949 tools-desc">Target districts and condos with the highest number of expiring leases</span></span></span></div></a></div><div style="background-color:white;padding:10px 30px 20px" class="jsx-642068783 vertical-menu"><div></div><a href="/pricing-plan" class="jsx-642068783"><span style="font-size:18px" class="jsx-642068783 subscription-package-button">Subscription Packages</span></a><a href="" class="jsx-439027949"><div style="font-weight:300" class="jsx-439027949"><div></div><span style="font-size:18px" class="jsx-439027949 group-tools"><span class="jsx-439027949 group-tools-title">I have a buyer</span></span></div></a><a href="/analytic/all_listings" class="jsx-439027949"><div style="font-weight:300" class="jsx-439027949"><div></div><span class="jsx-439027949"><span style="font-size:18px" class="jsx-439027949 tools">All Listing<span style="font-size:14px" class="jsx-439027949 tools-desc">Search for every single listing from all major portals. Send free enquires and SMSes</span></span></span></div></a><a href="/analytic/locationscan" class="jsx-439027949"><div style="font-weight:300" class="jsx-439027949"><div></div><span class="jsx-439027949"><span style="font-size:18px" class="jsx-439027949 tools">Location Scan<span style="font-size:14px" class="jsx-439027949 tools-desc">Instantly have a bird's eye view on all projects near a location</span></span></span></div></a><a href="/analytic/shortlist" class="jsx-439027949"><div style="font-weight:300" class="jsx-439027949"><div></div><span class="jsx-439027949"><span style="font-size:18px" class="jsx-439027949 tools">Shortlist Projects & Transactions<span style="font-size:14px" class="jsx-439027949 tools-desc">Find projects matching your investment criteria</span></span></span></div></a><a href="/analytic/compare" class="jsx-439027949"><div style="font-weight:300" class="jsx-439027949"><div></div><span class="jsx-439027949"><span style="font-size:18px" class="jsx-439027949 tools">Compare Projects<span style="font-size:14px" class="jsx-439027949 tools-desc">Build a comparison portfolio in clicks</span></span></span></div></a><a href="" class="jsx-439027949"><div style="font-weight:300" class="jsx-439027949"><div></div><span style="font-size:18px" class="jsx-439027949 group-tools"><span class="jsx-439027949 group-tools-title">I have a seller</span></span></div></a><a href="/analytic/pricer" class="jsx-439027949"><div style="font-weight:300" class="jsx-439027949"><div></div><span class="jsx-439027949"><span style="font-size:18px" class="jsx-439027949 tools">Pricer<span style="font-size:14px" class="jsx-439027949 tools-desc">Trouble pricing listing? Let Pricer justify the right price</span></span></span></div></a><a href="/analytic/latest" class="jsx-439027949"><div style="font-weight:300" class="jsx-439027949"><div></div><span class="jsx-439027949"><span style="font-size:18px" class="jsx-439027949 tools">Latest Transactions<img style="height:18px;margin-left:5px;display:inline-block" src="https://sg.tepcdn.com/public/usr/8bua27/1226bb-popular-header-icon.png" class="jsx-439027949 tools-title-image image-blurry-optimize"/><span style="font-size:14px" class="jsx-439027949 tools-desc">Stay up-to-date, have the latest transactions at your fingertips</span></span></span></div></a></div></div></div><div class="jsx-2793706209 hide"><div class="jsx-2793706209 stream-menu"><div style="height:250px;background-color:#f5f5f5;padding:10px 30px" class="jsx-3181953428 vertical-menu"><div></div><a href="/cast" class="jsx-1683571811"><div style="font-weight:300" class="jsx-1683571811"><div></div><span class="jsx-1683571811"><span style="font-size:18px" class="jsx-1683571811 tools">Cast<span style="font-size:14px" class="jsx-1683571811 tools-desc"></span></span></span></div></a><a href="/cast/featured/trending" class="jsx-1683571811"><div style="font-weight:300" class="jsx-1683571811"><div></div><span class="jsx-1683571811"><span style="font-size:18px" class="jsx-1683571811 tools">Trending<span style="font-size:14px" class="jsx-1683571811 tools-desc"></span></span></span></div></a><a href="/cast/channels" class="jsx-1683571811"><div style="font-weight:300" class="jsx-1683571811"><div></div><span class="jsx-1683571811"><span style="font-size:18px" class="jsx-1683571811 tools">Channels<span style="font-size:14px" class="jsx-1683571811 tools-desc"></span></span></span></div></a></div><div style="height:auto;background-color:white;padding:10px 30px" class="jsx-3181953428 vertical-menu"><div></div><a href="/cast/categories/hdb" class="jsx-1683571811"><div style="font-weight:300" class="jsx-1683571811"><div></div><span class="jsx-1683571811"><span style="font-size:18px" class="jsx-1683571811 tools">HDB<span style="font-size:14px" class="jsx-1683571811 tools-desc"></span></span></span></div></a><a href="/cast/categories/condo" class="jsx-1683571811"><div style="font-weight:300" class="jsx-1683571811"><div></div><span class="jsx-1683571811"><span style="font-size:18px" class="jsx-1683571811 tools">Condo<span style="font-size:14px" class="jsx-1683571811 tools-desc"></span></span></span></div></a><a href="/cast/categories/landed" class="jsx-1683571811"><div style="font-weight:300" class="jsx-1683571811"><div></div><span class="jsx-1683571811"><span style="font-size:18px" class="jsx-1683571811 tools">Landed<span style="font-size:14px" class="jsx-1683571811 tools-desc"></span></span></span></div></a><a href="/cast/categories/new-launch" class="jsx-1683571811"><div style="font-weight:300" class="jsx-1683571811"><div></div><span class="jsx-1683571811"><span 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class="jsx-1683571811"><div></div><span class="jsx-1683571811"><span style="font-size:18px" class="jsx-1683571811 tools">Education<span style="font-size:14px" class="jsx-1683571811 tools-desc"></span></span></span></div></a><a href="/cast/categories/interior-design" class="jsx-1683571811"><div style="font-weight:300" class="jsx-1683571811"><div></div><span class="jsx-1683571811"><span style="font-size:18px" class="jsx-1683571811 tools">Interior Design<span style="font-size:14px" class="jsx-1683571811 tools-desc"></span></span></span></div></a></div></div></div></div><div class="jsx-2319184279 background-container hide"><div style="color:var(--no-container-check)" class="jsx-2319184279"></div><div class="jsx-2319184279 background"></div><div style="display:none"></div></div><div class="jsx-2319184279 background-container hide"><div style="color:var(--no-container-check)" class="jsx-2319184279"></div><div class="jsx-2319184279 background"></div><div style="display:none"></div></div><div 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href="/property-news?cat=dealwatch" class="jsx-645548811"><span style="font-size:13px;color:#005c98;font-weight:390;font-style:normal;text-transform:;padding-top:2px;display:inline-block;width:100%;white-space:nowrap;overflow:hidden;text-overflow:ellipsis" class="jsx-645548811 textStyle">Deal Watch</span></a></div></div></div></div></div><hr class="jsx-2115070005 dark-hr"/><div class="jsx-2115070005"><div style="display:none" class="jsx-730557614 article-page-ad"><div class="jsx-2631780161 dfp-ads hide"><div class="adunitContainer"><div class="adBox" id="leaderboard"></div></div></div></div></div><div id="main-content" class="jsx-2115070005 row main-content no-margin"><div class="jsx-2115070005 page-content"><div class="jsx-1901207053"><div id="desktop-shared-widget" class="jsx-1901207053 property-news-detail side-share-widget desktop-view"><div class="sharethis-inline-share-buttons" data-url="https://www.edgeprop.sg/property-news/sale-hdb-shophouse-toa-payoh-offers-prime-entry-point-areas-long-term-rejuvenation" data-title=""></div></div><div class="jsx-1901207053 article-detail left-section"><div class="jsx-1901207053"><div class="jsx-2128998887"><div id="article-detail-title" class="jsx-2128998887 title"><div style="color:#828282" class="jsx-2128998887 article-detail-specialfeature">Special Feature</div><div class="jsx-2885458686"><div></div><h1 style="font-size:26px;color:#222222;font-weight:600;font-style:normal;text-transform:;line-height:34px;padding-top:2px" class="jsx-2885458686">Sale of HDB shophouse in Toa Payoh offers prime entry point into the area's long-term rejuvenation</h1></div></div><div id="article-detail-otherinfo" class="jsx-2128998887 otherinfo createdbydate"><time dateTime="2024-11-22T15:00:00+08:00">November 22, 2024 3:00 PM SGT</time><div style="clear:both" class="jsx-2128998887"></div></div><div class="jsx-2128998887 property-news-detail share-widget mobile-view"><div class="sharethis-inline-share-buttons" data-url="" data-title=""></div></div><div class="jsx-1840275375 article-thumbnail-content"><div class="jsx-1840275375 thumbnail-wrapper"><img src="https://img.tepcdn.com/img-style/simplecrop_article/86364119.jpg" class="jsx-1840275375 image-thumbnail"/><div class="jsx-1840275375 image-description">Anchored by a series of rejuvenation plans for the Toa Payoh estate and several thousand new households moving into the vicinity of the shophouse, the new owner stands to capitalise on the transformation of Toa Payoh. (Pictures by Albert Chua/The Edge Singapore)</div></div><div class="jsx-2319184279 background-container hide"><div style="color:var(--no-container-check)" class="jsx-2319184279"></div><div class="jsx-2319184279 background"></div><div style="display:none"></div></div></div><div class="jsx-2128998887 property-news-detail share-widget tablet-view"><div class="sharethis-inline-share-buttons" data-url="" data-title=""></div></div><div id="detail-content" class="jsx-2128998887 detail-content"><div class="jsx-2745781604"><div class="jsx-2745781604 overlay-container"><div style="width:100%" class="jsx-2745781604"><div class="jsx-1619505121"><div class="jsx-1619505121"><div style="text-align:left" class="jsx-213751841 truncated_textview_box">Amid the flurry of activity in the private residential market, real estate investors would be wise to consider more stable, income-generating assets like HDB shophouses. An opportunity has just arisen to acquire one such prized property in the mature Toa Payoh neighbourhood.</div></div></div><div class="jsx-1619505121"><div class="jsx-1619505121"><div style="text-align:left" class="jsx-213751841 truncated_textview_box">The 1,478 sq ft HDB shophouse on the market is located at 125 Toa Payoh Lorong 1, one of the most centrally located estates in District 12. The property is available for $2.88 million and is on a prime site bounded by Toa Payoh Lorong 1 and Toa Payoh Lorong 2. It is also less than 200m from Braddell MRT Station on the North-East Line. According to LTA ridership statistics, this station serves approximately 13,000 MRT riders daily and is intrinsically linked to the nearby HDB flats.</div></div></div><div class="jsx-1619505121"><div class="jsx-1619505121"><div style="text-align:left" class="jsx-213751841 truncated_textview_box">The shophouse is also near Toa Payoh West Market and Food Court, Kheng Cheng School, Toa Payoh West Community Centre, and the Singapore Federation of Chinese Clan Association Building on Toa Payoh Lorong 2.</div></div><div style="clear:both;padding:0;margin:0" class="jsx-1619505121"></div></div><div class="jsx-1619505121"><div class="jsx-1619505121"><div style="text-align:left" class="jsx-213751841 truncated_textview_box">Anchored by a series of rejuvenation plans for the Toa Payoh estate and several thousand new households moving into the vicinity of the shophouse, the new owner stands to capitalise on the transformation of Toa Payoh, which is set to increase pedestrian footfall and uplift capital values in the area.</div></div></div><div class="jsx-1619505121"><div class="jsx-1619505121"><div style="text-align:left" class="jsx-213751841 truncated_textview_box"></div></div></div><div class="jsx-1619505121"><div class="jsx-1619505121"><div style="text-align:left" class="jsx-213751841 truncated_textview_box"><p style="font-size:24px;font-weight:400;text-align:left;margin:0px"><strong style="font-weight:600;text-align:left">Market Comparison</strong></p></div></div></div><div class="jsx-1619505121"><div class="jsx-1619505121"><div style="text-align:left" class="jsx-213751841 truncated_textview_box">The HDB shophouse for sale is exclusively marketed by Aster See, senior marketing director at ERA Realty. The industry veteran says that most HDB shophouses located at the city fringe locations typically yield a rental return of income (ROI) of around 2-3% based on their sales price. "In contrast, the shophouse at 125 Toa Payoh Lorong 1 offers an estimated ROI of approximately 4%. Given its competitive pricing and strong value in comparison, this property stands out as a more attractive investment opportunity for those seeking higher rental returns," she says.</div></div></div><div class="jsx-1619505121"><div class="jsx-1619505121"><div style="text-align:left" class="jsx-213751841 truncated_textview_box"></div></div><div style="clear:both;padding:0;margin:0" class="jsx-1619505121"></div></div><div class="jsx-3136764995"><div><div id="article-content-image" style="cursor:pointer"><div class="jsx-2319184279 background-container hide"><div style="color:var(--no-container-check)" class="jsx-2319184279"></div><div class="jsx-2319184279 background"></div><div style="display:none"></div></div><div style="width:;height:100%;display:;vertical-align:" class="jsx-679329255 image-content"><div style="height:inherit;position:relative;min-height:inherit;text-align:left;overflow-x:hidden;overflow-y:" class="jsx-679329255"><div></div><div style="height:100%;top:;transform:;max-height:450px;z-index:1" class="jsx-679329255 sliderContainer prev"><span class="jsx-679329255 slider"><div style="font-size:32px;padding:16px 8px;display:none;visibility:" class="jsx-679329255 icon fa fa-angle-left"></div></span></div><div style="height:100%;top:;transform:;max-height:450px;z-index:1" class="jsx-679329255 sliderContainer next"><span class="jsx-679329255 slider"><div style="font-size:32px;padding:16px 8px;display:none;visibility:" class="jsx-679329255 icon fa fa-angle-right"></div></span></div><div><div style="max-height:;overflow:hidden;object-fit:cover" class="jsx-151860164"><div class="jsx-151860164"><img id="single-image" style="height:auto;box-sizing:border-box;display:inline-block;vertical-align:middle;transform:;width:100%;max-width:900px" src="https://sg.tepcdn.com/public/usr/dsc14e/fdb658-BLD-BLK-125-TOA-PAYOH-LORONG-1-01-543-01-AC.jpg" alt="" class="jsx-151860164"/></div></div></div></div></div></div><div class="jsx-1934639803 caption-image"><figcaption class="jsx-1934639803"><i class="jsx-1934639803"><div style="text-align:left" class="jsx-213751841 truncated_textview_box"><strong style="font-weight:600;text-align:left">The HDB shophouse for sale at 125 Lorong 1 Toa Payoh.</strong></div></i></figcaption></div></div></div><div class="jsx-1619505121"><div class="jsx-1619505121"><div style="text-align:left" class="jsx-213751841 truncated_textview_box"></div></div></div><div class="jsx-1619505121"><div class="jsx-1619505121"><div style="text-align:left" class="jsx-213751841 truncated_textview_box"></div></div></div><div class="jsx-1619505121"><div class="jsx-1619505121"><div style="text-align:left" class="jsx-213751841 truncated_textview_box"><p style="font-size:24px;font-weight:400;text-align:left;margin:0px"><strong style="font-weight:600;text-align:left">Financial Insights</strong></p></div></div></div><div class="jsx-1619505121"><div class="jsx-1619505121"><div style="text-align:left" class="jsx-213751841 truncated_textview_box">She adds that this property also presents an attractive investment opportunity with an estimated rental yield of approximately 4%. Such yields are competitive in the current market and offer steady income for investors. "Coupled with a potential capital appreciation in the future, as Toa Payoh continues to rejuvenate, the long-term ROI ofthis property could be substantial".</div></div></div><div class="jsx-1619505121"><div class="jsx-1619505121"><div style="text-align:left" class="jsx-213751841 truncated_textview_box"></div></div></div><div class="jsx-1619505121"><div class="jsx-1619505121"><div style="text-align:left" class="jsx-213751841 truncated_textview_box"><p style="font-size:24px;font-weight:400;text-align:left;margin:0px"><strong style="font-weight:600;text-align:left">Remaking Toa Payoh</strong></p></div></div></div><div class="jsx-1619505121"><div class="jsx-1619505121"><div style="text-align:left" class="jsx-213751841 truncated_textview_box">Toa Payoh will benefit from several government initiatives and schemes to rejuvenate the mature housing estate. It is one of three neighbourhoods earmarked for rejuvenation under the government’s third phase of its Remaking Our Heartland programme.</div></div></div><div class="jsx-1619505121"><div class="jsx-1619505121"><div style="text-align:left" class="jsx-213751841 truncated_textview_box">The programme, first introduced by then-Prime Minister Lee Hsien Loong in his 2007 National Day Rally speech, offers comprehensive rejuvenation plans for HDB towns and estates to ensure their sustainability and vitality.</div></div></div><div class="jsx-1619505121"><div class="jsx-1619505121"><div style="text-align:left" class="jsx-213751841 truncated_textview_box">Since 2015, plans for Toa Payoh have been progressively implemented, with several aimed at enhancing commercial and recreational facilities. The most notable development is the new integrated project on the site of the former swimming complex, sports hall, and stadium along Toa Payoh Lorong 6. The upcoming integrated development will comprise new sports facilities, a football stadium, a new swimming pool complex, indoor sports halls, sheltered tennis courts, futsal courts, netball courts and fitness studios. National training centres for aquatics, netball and table tennis are planned for the site, which will also include a polyclinic and library.</div></div><div style="clear:both;padding:0;margin:0" class="jsx-1619505121"></div></div><div class="jsx-1619505121"><div class="jsx-1619505121"><div style="text-align:left" class="jsx-213751841 truncated_textview_box"></div></div><div style="clear:both;padding:0;margin:0" class="jsx-1619505121"></div></div><div class="jsx-3136764995"><div><div id="article-content-image" style="cursor:pointer"><div class="jsx-2319184279 background-container hide"><div style="color:var(--no-container-check)" class="jsx-2319184279"></div><div class="jsx-2319184279 background"></div><div style="display:none"></div></div><div style="width:;height:100%;display:;vertical-align:" class="jsx-679329255 image-content"><div style="height:inherit;position:relative;min-height:inherit;text-align:left;overflow-x:hidden;overflow-y:" class="jsx-679329255"><div></div><div style="height:100%;top:;transform:;max-height:450px;z-index:1" class="jsx-679329255 sliderContainer prev"><span class="jsx-679329255 slider"><div style="font-size:32px;padding:16px 8px;display:none;visibility:" class="jsx-679329255 icon fa fa-angle-left"></div></span></div><div style="height:100%;top:;transform:;max-height:450px;z-index:1" class="jsx-679329255 sliderContainer next"><span class="jsx-679329255 slider"><div style="font-size:32px;padding:16px 8px;display:none;visibility:" class="jsx-679329255 icon fa fa-angle-right"></div></span></div><div><div style="max-height:;overflow:hidden;object-fit:cover" class="jsx-151860164"><div class="jsx-151860164"><img id="single-image" style="height:auto;box-sizing:border-box;display:inline-block;vertical-align:middle;transform:;width:100%;max-width:900px" src="https://sg.tepcdn.com/public/usr/dsc14e/255dcb-BLD-BLK-125-TOA-PAYOH-LORONG-1-07-AC.jpg" alt="" class="jsx-151860164"/></div></div></div></div></div></div><div class="jsx-1934639803 caption-image"><figcaption class="jsx-1934639803"><i class="jsx-1934639803"><div style="text-align:left" class="jsx-213751841 truncated_textview_box"><strong style="font-weight:600;text-align:left">The HDB shophouse for sale is available for $2.88 million.</strong></div></i></figcaption></div></div></div><div class="jsx-1619505121"><div class="jsx-1619505121"><div style="text-align:left" class="jsx-213751841 truncated_textview_box"></div></div></div><div class="jsx-1619505121"><div class="jsx-1619505121"><div style="text-align:left" class="jsx-213751841 truncated_textview_box">When the 12ha integrated development is completed in 2030, it is expected to enhance Toa Payoh’s appeal as an HDB town and drive up footfall for the area's shops, including the HDB shophouse up for sale at nearby 125 Toa Payoh Lorong 1.</div></div></div><div class="jsx-1619505121"><div class="jsx-1619505121"><div style="text-align:left" class="jsx-213751841 truncated_textview_box"></div></div></div><div class="jsx-1619505121"><div class="jsx-1619505121"><div style="text-align:left" class="jsx-213751841 truncated_textview_box"><p style="font-size:24px;font-weight:400;text-align:left;margin:0px"><strong style="font-weight:600;text-align:left">Toa Payoh and Caldecott rejuvenation</strong></p></div></div></div><div class="jsx-1619505121"><div class="jsx-1619505121"><div style="text-align:left" class="jsx-213751841 truncated_textview_box">The government’s plans to rejuvenate Toa Payoh and neighbouring Caldecott will be anchored by several thousand new flats in these two estates. One of the upcoming Build-To-Order projects is Toa Payoh Ridge, located at the junction of Toa Payoh Rise and Lorong 1 Toa Payoh. The 920-unit BTO project is less than 300m from the HDB shophouse for sale.</div></div></div><div class="jsx-1619505121"><div class="jsx-1619505121"><div style="text-align:left" class="jsx-213751841 truncated_textview_box">Toa Payoh Ridge was launched as part of the February 2020 BTO exercise. It consists of four 40-storey residential blocks and is expected to be completed in 1H2025. The BTO project sits between Toa Payoh and the upcoming Caldecott estate, which has been earmarked for future residential development.</div></div></div><div class="jsx-1619505121"><div class="jsx-1619505121"><div style="text-align:left" class="jsx-213751841 truncated_textview_box">Caldecott has been earmarked for future residential development since 2017, when the government announced plans to build new BTO flats on a 10ha plot next to Caldecott MRT Station on the Circle Line. These new flats will be less than 500m from the HDB shophouse for sale at 125 Toa Payoh Lorong 1.</div></div></div><div class="jsx-1619505121"><div class="jsx-1619505121"><div style="text-align:left" class="jsx-213751841 truncated_textview_box"></div></div><div style="clear:both;padding:0;margin:0" class="jsx-1619505121"></div></div><div class="jsx-3136764995"><div><div id="article-content-image" style="cursor:pointer"><div class="jsx-2319184279 background-container hide"><div style="color:var(--no-container-check)" class="jsx-2319184279"></div><div class="jsx-2319184279 background"></div><div style="display:none"></div></div><div style="width:;height:100%;display:;vertical-align:" class="jsx-679329255 image-content"><div style="height:inherit;position:relative;min-height:inherit;text-align:left;overflow-x:hidden;overflow-y:" class="jsx-679329255"><div></div><div style="height:100%;top:;transform:;max-height:450px;z-index:1" class="jsx-679329255 sliderContainer prev"><span class="jsx-679329255 slider"><div style="font-size:32px;padding:16px 8px;display:none;visibility:" class="jsx-679329255 icon fa fa-angle-left"></div></span></div><div style="height:100%;top:;transform:;max-height:450px;z-index:1" class="jsx-679329255 sliderContainer next"><span class="jsx-679329255 slider"><div style="font-size:32px;padding:16px 8px;display:none;visibility:" class="jsx-679329255 icon fa fa-angle-right"></div></span></div><div><div style="max-height:;overflow:hidden;object-fit:cover" class="jsx-151860164"><div class="jsx-151860164"><img id="single-image" style="height:auto;box-sizing:border-box;display:inline-block;vertical-align:middle;transform:;width:100%;max-width:900px" src="https://sg.tepcdn.com/public/usr/dsc14e/dc699a-BLD-BLK-125-TOA-PAYOH-LORONG-1-05-AC.jpg" alt="" class="jsx-151860164"/></div></div></div></div></div></div><div class="jsx-1934639803 caption-image"><figcaption class="jsx-1934639803"><i class="jsx-1934639803"><div style="text-align:left" class="jsx-213751841 truncated_textview_box"><strong style="font-weight:600;text-align:left">Rejuvenation plans for Toa Payoh will broaden the consumercatchment around the HDB shophouse at 125 Lor 1 Toa Payoh.</strong></div></i></figcaption></div></div></div><div class="jsx-1619505121"><div class="jsx-1619505121"><div style="text-align:left" class="jsx-213751841 truncated_textview_box"></div></div></div><div class="jsx-1619505121"><div class="jsx-1619505121"><div style="text-align:left" class="jsx-213751841 truncated_textview_box">The government appears to be laying the groundwork for a new BTO project in Caldecott, adjacent to Toa Payoh Ridge. Last February, the URA rezoned a plot at the junction of Toa Payoh Rise and Braddell Rise from educational to residential use, with an impressive gross plot ratio of 5.0. This suggests a high-rise BTO development may be in the site's pipeline.</div></div></div><div class="jsx-1619505121"><div class="jsx-1619505121"><div style="text-align:left" class="jsx-213751841 truncated_textview_box">Supported by these surrounding developments, the shophouse for sale could benefit from the increased footfall around the area as the customer catchement of the area broadens.</div></div><div style="clear:both;padding:0;margin:0" class="jsx-1619505121"></div></div><div class="jsx-1619505121"><div class="jsx-1619505121"><div style="text-align:left" class="jsx-213751841 truncated_textview_box">The construction of new BTO flats in Caldecott and Toa Payoh promises good news for the new owner of the HDB shophouse for sale. As nearby residential developments rise, the area will attract an influx of new residents.</div></div></div><div class="jsx-1619505121"><div class="jsx-1619505121"><div style="text-align:left" class="jsx-213751841 truncated_textview_box"></div></div></div><div class="jsx-1619505121"><div class="jsx-1619505121"><div style="text-align:left" class="jsx-213751841 truncated_textview_box"> For more information,<br/>Contact Aster See | <a href="https://edgepr.link/AsterSeeISS" rel="nofollow noopener noreferrer" target="" style="color:#005c98;text-decoration:none;text-align:left">98416930</a><br/>Senior Marketing Director (R063006G)<br/>ERA REALTY NETWORK PTE LTD</div></div></div></div></div></div></div></div><div class="jsx-2280039180 star-agent-block"><div id="StarAgentsPageUrl" style="height:0px;display:none;width:0px" class="jsx-2280039180">https://www.edgeprop.sg/property-news/sale-hdb-shophouse-toa-payoh-offers-prime-entry-point-areas-long-term-rejuvenation</div><div 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style="font-size:18px;color:#4a4a4a;font-weight:400;font-style:normal;text-transform:;padding-left:10px;padding-top:5px" class="jsx-609329512"><span class="jsx-609329512">Top Articles</span></span></div></div><div class="jsx-383787273 row-list-item-wrapper"><div class="jsx-3216609734 row-list-item"><div class="jsx-2790882441"><div></div><div class="jsx-2790882441 row-list-number"><div style="word-break:normal" class="jsx-609329512"><div></div><span style="font-size:28px;color:#005c98;font-weight:600;font-style:normal;text-transform:;padding-top:2px;display:inline-block;width:100%;white-space:nowrap;overflow:hidden;text-overflow:ellipsis" class="jsx-609329512"><span class="jsx-609329512">1</span></span></div></div><div class="jsx-2790882441 row-list-title"><a href="/property-news/emerald-katong-hits-99-sales-launch-averaging-2621-psf" class="jsx-2790882441"><div style="word-break:normal" class="jsx-609329512"><div></div><span style="font-size:16px;color:#222222;font-weight:400;font-style:normal;text-transform:;padding-top:2px" class="jsx-609329512"><span class="jsx-609329512">Emerald of Katong hits 99% sales at launch, averaging $2,621 psf</span></span></div></a></div></div></div><div class="jsx-3216609734 row-list-item"><div class="jsx-2790882441"><div></div><div class="jsx-2790882441 row-list-number"><div style="word-break:normal" class="jsx-609329512"><div></div><span style="font-size:28px;color:#005c98;font-weight:600;font-style:normal;text-transform:;padding-top:2px;display:inline-block;width:100%;white-space:nowrap;overflow:hidden;text-overflow:ellipsis" class="jsx-609329512"><span class="jsx-609329512">2</span></span></div></div><div class="jsx-2790882441 row-list-title"><a href="/property-news/kingsford-achieves-76-sales-chuan-park-2024s-best-performing-weekend-launch" class="jsx-2790882441"><div style="word-break:normal" class="jsx-609329512"><div></div><span style="font-size:16px;color:#222222;font-weight:400;font-style:normal;text-transform:;padding-top:2px" class="jsx-609329512"><span class="jsx-609329512">Kingsford sells 76% of Chuan Park units at an average price of $2,579 psf</span></span></div></a></div></div></div><div class="jsx-3216609734 row-list-item"><div class="jsx-2790882441"><div></div><div class="jsx-2790882441 row-list-number"><div style="word-break:normal" class="jsx-609329512"><div></div><span style="font-size:28px;color:#005c98;font-weight:600;font-style:normal;text-transform:;padding-top:2px;display:inline-block;width:100%;white-space:nowrap;overflow:hidden;text-overflow:ellipsis" class="jsx-609329512"><span class="jsx-609329512">3</span></span></div></div><div class="jsx-2790882441 row-list-title"><a href="/property-news/it-good-deal-103-million-four-room-hdb-flat-district-10" class="jsx-2790882441"><div style="word-break:normal" class="jsx-609329512"><div></div><span style="font-size:16px;color:#222222;font-weight:400;font-style:normal;text-transform:;padding-top:2px" class="jsx-609329512"><span class="jsx-609329512">Is it a Good Deal?: $1.03 million for a four-room HDB flat in District 10</span></span></div></a></div></div></div><div class="jsx-3216609734 row-list-item"><div class="jsx-2790882441"><div></div><div class="jsx-2790882441 row-list-number"><div style="word-break:normal" class="jsx-609329512"><div></div><span style="font-size:28px;color:#005c98;font-weight:600;font-style:normal;text-transform:;padding-top:2px;display:inline-block;width:100%;white-space:nowrap;overflow:hidden;text-overflow:ellipsis" class="jsx-609329512"><span class="jsx-609329512">4</span></span></div></div><div class="jsx-2790882441 row-list-title"><a href="/property-news/sim-lian-group’s-emerald-katong-will-it-be-another-top-seller" class="jsx-2790882441"><div style="word-break:normal" class="jsx-609329512"><div></div><span style="font-size:16px;color:#222222;font-weight:400;font-style:normal;text-transform:;padding-top:2px" class="jsx-609329512"><span class="jsx-609329512">Sim Lian Group’s Emerald of Katong: Will it be another top-seller? </span></span></div></a></div></div></div><div class="jsx-3216609734 row-list-item"><div class="jsx-2790882441"><div></div><div class="jsx-2790882441 row-list-number"><div style="word-break:normal" class="jsx-609329512"><div></div><span style="font-size:28px;color:#005c98;font-weight:600;font-style:normal;text-transform:;padding-top:2px;display:inline-block;width:100%;white-space:nowrap;overflow:hidden;text-overflow:ellipsis" class="jsx-609329512"><span class="jsx-609329512">5</span></span></div></div><div class="jsx-2790882441 row-list-title"><a href="/property-news/cdl-sells-20-union-square-residences-average-price-3200-psf" class="jsx-2790882441"><div style="word-break:normal" class="jsx-609329512"><div></div><span style="font-size:16px;color:#222222;font-weight:400;font-style:normal;text-transform:;padding-top:2px" class="jsx-609329512"><span class="jsx-609329512">CDL sells 20% of Union Square Residences at an average price of $3,200 psf</span></span></div></a></div></div></div></div></div><div style="clear:both" class="jsx-1901207053"></div></div><div class="jsx-1901207053 search-box-container-desktop"><div class="jsx-1901207053 search-box-title">Search Articles</div><div class="jsx-1901207053 search-box"><span class="ant-input-affix-wrapper ant-input-affix-wrapper-borderless" style="width:100%;height:px;font-size:14px;font-weight:300;text-align:left"><span class="ant-input-prefix"><span role="img" aria-label="search" style="font-size:18px;color:#828282;margin-right:14px" tabindex="-1" class="anticon anticon-search"><svg viewBox="64 64 896 896" focusable="false" data-icon="search" width="1em" height="1em" fill="currentColor" aria-hidden="true"><path d="M909.6 854.5L649.9 594.8C690.2 542.7 712 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class="footerv2_collapse__item-text"><a href="/condo-apartment/the-florence-residences" class="footerv2_collapse__item-text">THE FLORENCE RESIDENCES</a></p><p class="footerv2_collapse__item-text"><a href="/condo-apartment/lentor-modern" class="footerv2_collapse__item-text">LENTOR MODERN</a></p><p class="footerv2_collapse__item-text"><a href="/condo-apartment/penrose" class="footerv2_collapse__item-text">PENROSE</a></p></div></div></div><div class="jsx-723266436 footerv2_collapse-container"><div class="jsx-723266436 footerv2_collapse__title-container"><p class="jsx-723266436 footerv2_collapse__title-text">Landed</p><div style="display:flex;transform:rotate(0deg)" class="jsx-723266436 footerv2_collapse__title-icon"><svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="none" viewBox="0 0 16 16"><path stroke="#6B7280" stroke-linecap="round" stroke-linejoin="round" d="M4 6l4 4 4-4"></path></svg></div></div><div class="footerv2_collapse" style="height:0px;overflow:hidden" aria-hidden="true"><div class="footerv2_collapse_content"><p class="footerv2_collapse__item-text"><a href="/landed-house/macpherson-garden-estate" class="footerv2_collapse__item-text">MACPHERSON GARDEN ESTATE</a></p><p class="footerv2_collapse__item-text"><a href="/landed-house/blair-plain-conservation-area" class="footerv2_collapse__item-text">BLAIR PLAIN CONSERVATION AREA</a></p><p class="footerv2_collapse__item-text"><a href="/landed-house/sembawang-straits-estate" class="footerv2_collapse__item-text">SEMBAWANG STRAITS ESTATE</a></p><p class="footerv2_collapse__item-text"><a href="/landed-house/parc-clematis" class="footerv2_collapse__item-text">PARC CLEMATIS</a></p><p class="footerv2_collapse__item-text"><a href="/landed-house/west-coast-gardens" class="footerv2_collapse__item-text">WEST COAST GARDENS</a></p><p class="footerv2_collapse__item-text"><a href="/landed-house/charlton-park" class="footerv2_collapse__item-text">CHARLTON PARK</a></p><p class="footerv2_collapse__item-text"><a href="/landed-house/henry-park" class="footerv2_collapse__item-text">HENRY PARK</a></p><p class="footerv2_collapse__item-text"><a href="/landed-house/thomson-garden-estate" class="footerv2_collapse__item-text">THOMSON GARDEN ESTATE</a></p><p class="footerv2_collapse__item-text"><a href="/landed-house/pasir-panjang-gardens" class="footerv2_collapse__item-text">PASIR PANJANG GARDENS</a></p><p class="footerv2_collapse__item-text"><a href="/landed-house/watercove" class="footerv2_collapse__item-text">WATERCOVE</a></p></div></div></div><div class="jsx-723266436 footerv2_collapse-container"><div class="jsx-723266436 footerv2_collapse__title-container"><p class="jsx-723266436 footerv2_collapse__title-text">Commercial</p><div style="display:flex;transform:rotate(0deg)" class="jsx-723266436 footerv2_collapse__title-icon"><svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="none" viewBox="0 0 16 16"><path stroke="#6B7280" stroke-linecap="round" stroke-linejoin="round" d="M4 6l4 4 4-4"></path></svg></div></div><div class="footerv2_collapse" style="height:0px;overflow:hidden" aria-hidden="true"><div class="footerv2_collapse_content"><p class="footerv2_collapse__item-text"><a href="/commercial/bedok-reservoir-road" class="footerv2_collapse__item-text">BEDOK RESERVOIR ROAD</a></p><p class="footerv2_collapse__item-text"><a href="/commercial/vertex" class="footerv2_collapse__item-text">VERTEX</a></p><p class="footerv2_collapse__item-text"><a href="/commercial/neil-road" class="footerv2_collapse__item-text">NEIL ROAD</a></p><p class="footerv2_collapse__item-text"><a href="/commercial/lucky-plaza" class="footerv2_collapse__item-text">LUCKY PLAZA</a></p><p class="footerv2_collapse__item-text"><a href="/commercial/woods-square" class="footerv2_collapse__item-text">WOODS SQUARE</a></p><p class="footerv2_collapse__item-text"><a href="/commercial/peninsula-plaza" class="footerv2_collapse__item-text">PENINSULA PLAZA</a></p><p class="footerv2_collapse__item-text"><a href="/commercial/north-bridge-centre" class="footerv2_collapse__item-text">NORTH BRIDGE CENTRE</a></p><p class="footerv2_collapse__item-text"><a href="/commercial/thomson-plaza" class="footerv2_collapse__item-text">THOMSON PLAZA</a></p><p class="footerv2_collapse__item-text"><a href="/commercial/robinson-centre" class="footerv2_collapse__item-text">ROBINSON CENTRE</a></p><p class="footerv2_collapse__item-text"><a href="/commercial/north-bridge-road" class="footerv2_collapse__item-text">NORTH BRIDGE ROAD</a></p></div></div></div><div class="jsx-723266436 footerv2_collapse-container"><div class="jsx-723266436 footerv2_collapse__title-container"><p class="jsx-723266436 footerv2_collapse__title-text">Industrial</p><div style="display:flex;transform:rotate(0deg)" class="jsx-723266436 footerv2_collapse__title-icon"><svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="none" viewBox="0 0 16 16"><path stroke="#6B7280" stroke-linecap="round" stroke-linejoin="round" d="M4 6l4 4 4-4"></path></svg></div></div><div class="footerv2_collapse" style="height:0px;overflow:hidden" aria-hidden="true"><div class="footerv2_collapse_content"><p class="footerv2_collapse__item-text"><a href="/industrial/ubi-techpark" class="footerv2_collapse__item-text">UBI TECHPARK</a></p><p class="footerv2_collapse__item-text"><a href="/industrial/wcega-tower" class="footerv2_collapse__item-text">WCEGA TOWER</a></p><p class="footerv2_collapse__item-text"><a href="/industrial/midview-building" class="footerv2_collapse__item-text">MIDVIEW BUILDING</a></p><p class="footerv2_collapse__item-text"><a href="/industrial/excalibur-centre" class="footerv2_collapse__item-text">EXCALIBUR CENTRE</a></p><p class="footerv2_collapse__item-text"><a href="/industrial/harvest-woodlands" class="footerv2_collapse__item-text">HARVEST @ WOODLANDS</a></p><p class="footerv2_collapse__item-text"><a href="/industrial/vertex" class="footerv2_collapse__item-text">VERTEX</a></p><p class="footerv2_collapse__item-text"><a href="/industrial/wcega-plaza" class="footerv2_collapse__item-text">WCEGA PLAZA</a></p><p class="footerv2_collapse__item-text"><a href="/industrial/tradehub-21" class="footerv2_collapse__item-text">TRADEHUB 21</a></p><p class="footerv2_collapse__item-text"><a href="/industrial/ruby-warehouse-complex" class="footerv2_collapse__item-text">RUBY WAREHOUSE COMPLEX</a></p><p class="footerv2_collapse__item-text"><a href="/industrial/midview-city" class="footerv2_collapse__item-text">MIDVIEW CITY</a></p></div></div></div></div><div class="jsx-254680428 footerv2__collapsible-item"><p class="jsx-254680428 footerv2__collapsible-main-title">Property Research</p><div class="jsx-723266436 footerv2_collapse-container"><div class="jsx-723266436 footerv2_collapse__title-container"><p class="jsx-723266436 footerv2_collapse__title-text">Condos</p><div style="display:flex;transform:rotate(0deg)" class="jsx-723266436 footerv2_collapse__title-icon"><svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="none" viewBox="0 0 16 16"><path stroke="#6B7280" stroke-linecap="round" stroke-linejoin="round" d="M4 6l4 4 4-4"></path></svg></div></div><div class="footerv2_collapse" style="height:0px;overflow:hidden" aria-hidden="true"><div class="footerv2_collapse_content"><p class="footerv2_collapse__item-text"><a href="/condo-apartment" class="footerv2_collapse__item-text">Search Project</a></p><p class="footerv2_collapse__item-text"><a href="/condo-apartment/all" class="footerv2_collapse__item-text">All Projects</a></p></div></div></div><div class="jsx-723266436 footerv2_collapse-container"><div class="jsx-723266436 footerv2_collapse__title-container"><p class="jsx-723266436 footerv2_collapse__title-text">HDBs</p><div style="display:flex;transform:rotate(0deg)" class="jsx-723266436 footerv2_collapse__title-icon"><svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="none" viewBox="0 0 16 16"><path stroke="#6B7280" stroke-linecap="round" stroke-linejoin="round" d="M4 6l4 4 4-4"></path></svg></div></div><div class="footerv2_collapse" style="height:0px;overflow:hidden" aria-hidden="true"><div class="footerv2_collapse_content"><p class="footerv2_collapse__item-text"><a href="/hdb" class="footerv2_collapse__item-text">Search Project</a></p><p class="footerv2_collapse__item-text"><a href="/hdb/all" class="footerv2_collapse__item-text">All Projects</a></p></div></div></div><div class="jsx-723266436 footerv2_collapse-container"><div class="jsx-723266436 footerv2_collapse__title-container"><p class="jsx-723266436 footerv2_collapse__title-text">Landed</p><div style="display:flex;transform:rotate(0deg)" class="jsx-723266436 footerv2_collapse__title-icon"><svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="none" viewBox="0 0 16 16"><path stroke="#6B7280" stroke-linecap="round" stroke-linejoin="round" d="M4 6l4 4 4-4"></path></svg></div></div><div class="footerv2_collapse" style="height:0px;overflow:hidden" aria-hidden="true"><div class="footerv2_collapse_content"><p class="footerv2_collapse__item-text"><a href="/landed-house" class="footerv2_collapse__item-text">Search Project</a></p><p class="footerv2_collapse__item-text"><a href="/landed-house/all" class="footerv2_collapse__item-text">All Projects</a></p></div></div></div><div class="jsx-723266436 footerv2_collapse-container"><div class="jsx-723266436 footerv2_collapse__title-container"><p class="jsx-723266436 footerv2_collapse__title-text">Commercial</p><div style="display:flex;transform:rotate(0deg)" class="jsx-723266436 footerv2_collapse__title-icon"><svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="none" viewBox="0 0 16 16"><path stroke="#6B7280" stroke-linecap="round" stroke-linejoin="round" d="M4 6l4 4 4-4"></path></svg></div></div><div class="footerv2_collapse" style="height:0px;overflow:hidden" aria-hidden="true"><div class="footerv2_collapse_content"><p class="footerv2_collapse__item-text"><a href="/commercial" class="footerv2_collapse__item-text">Search Project</a></p><p class="footerv2_collapse__item-text"><a href="/commercial/all" class="footerv2_collapse__item-text">All Projects</a></p></div></div></div><div class="jsx-723266436 footerv2_collapse-container"><div class="jsx-723266436 footerv2_collapse__title-container"><p class="jsx-723266436 footerv2_collapse__title-text">Industrial</p><div style="display:flex;transform:rotate(0deg)" class="jsx-723266436 footerv2_collapse__title-icon"><svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="none" viewBox="0 0 16 16"><path stroke="#6B7280" stroke-linecap="round" stroke-linejoin="round" d="M4 6l4 4 4-4"></path></svg></div></div><div class="footerv2_collapse" style="height:0px;overflow:hidden" aria-hidden="true"><div class="footerv2_collapse_content"><p class="footerv2_collapse__item-text"><a href="/industrial" class="footerv2_collapse__item-text">Search Project</a></p><p class="footerv2_collapse__item-text"><a href="/industrial/all" class="footerv2_collapse__item-text">All Projects</a></p></div></div></div></div><div class="jsx-254680428 footerv2__collapsible-item"><p class="jsx-254680428 footerv2__collapsible-main-title">Properties For Sale</p><div class="jsx-723266436 footerv2_collapse-container"><div class="jsx-723266436 footerv2_collapse__title-container"><p class="jsx-723266436 footerv2_collapse__title-text"><a href="/property-for-sale" class="jsx-723266436 footerv2_collapse__title-text">All Properties</a></p><div style="display:none;transform:rotate(0deg)" class="jsx-723266436 footerv2_collapse__title-icon"><svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="none" viewBox="0 0 16 16"><path stroke="#6B7280" stroke-linecap="round" stroke-linejoin="round" d="M4 6l4 4 4-4"></path></svg></div></div></div><div class="jsx-723266436 footerv2_collapse-container"><div class="jsx-723266436 footerv2_collapse__title-container"><p class="jsx-723266436 footerv2_collapse__title-text"><a href="/condo-apartment-for-sale" class="jsx-723266436 footerv2_collapse__title-text">Condos</a></p><div style="display:none;transform:rotate(0deg)" class="jsx-723266436 footerv2_collapse__title-icon"><svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="none" viewBox="0 0 16 16"><path stroke="#6B7280" stroke-linecap="round" stroke-linejoin="round" d="M4 6l4 4 4-4"></path></svg></div></div></div><div class="jsx-723266436 footerv2_collapse-container"><div class="jsx-723266436 footerv2_collapse__title-container"><p class="jsx-723266436 footerv2_collapse__title-text"><a href="/hdb-for-sale" class="jsx-723266436 footerv2_collapse__title-text">HDBs</a></p><div style="display:none;transform:rotate(0deg)" class="jsx-723266436 footerv2_collapse__title-icon"><svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="none" viewBox="0 0 16 16"><path stroke="#6B7280" stroke-linecap="round" stroke-linejoin="round" d="M4 6l4 4 4-4"></path></svg></div></div></div><div class="jsx-723266436 footerv2_collapse-container"><div class="jsx-723266436 footerv2_collapse__title-container"><p class="jsx-723266436 footerv2_collapse__title-text"><a href="/landed-for-sale " class="jsx-723266436 footerv2_collapse__title-text">Landed</a></p><div style="display:none;transform:rotate(0deg)" class="jsx-723266436 footerv2_collapse__title-icon"><svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="none" viewBox="0 0 16 16"><path stroke="#6B7280" stroke-linecap="round" stroke-linejoin="round" d="M4 6l4 4 4-4"></path></svg></div></div></div><div class="jsx-723266436 footerv2_collapse-container"><div class="jsx-723266436 footerv2_collapse__title-container"><p class="jsx-723266436 footerv2_collapse__title-text"><a href="/commercial-for-sale" class="jsx-723266436 footerv2_collapse__title-text">Commercial</a></p><div style="display:none;transform:rotate(0deg)" class="jsx-723266436 footerv2_collapse__title-icon"><svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="none" viewBox="0 0 16 16"><path stroke="#6B7280" stroke-linecap="round" stroke-linejoin="round" d="M4 6l4 4 4-4"></path></svg></div></div></div><div class="jsx-723266436 footerv2_collapse-container"><div class="jsx-723266436 footerv2_collapse__title-container"><p class="jsx-723266436 footerv2_collapse__title-text"><a href="/industrial-for-sale" class="jsx-723266436 footerv2_collapse__title-text">Industrial</a></p><div style="display:none;transform:rotate(0deg)" class="jsx-723266436 footerv2_collapse__title-icon"><svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="none" viewBox="0 0 16 16"><path stroke="#6B7280" stroke-linecap="round" stroke-linejoin="round" d="M4 6l4 4 4-4"></path></svg></div></div></div></div><div class="jsx-254680428 footerv2__collapsible-item"><p class="jsx-254680428 footerv2__collapsible-main-title">Properties For Rent</p><div class="jsx-723266436 footerv2_collapse-container"><div class="jsx-723266436 footerv2_collapse__title-container"><p class="jsx-723266436 footerv2_collapse__title-text"><a href="/property-for-rent" class="jsx-723266436 footerv2_collapse__title-text">All Properties</a></p><div style="display:none;transform:rotate(0deg)" class="jsx-723266436 footerv2_collapse__title-icon"><svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="none" viewBox="0 0 16 16"><path stroke="#6B7280" stroke-linecap="round" stroke-linejoin="round" d="M4 6l4 4 4-4"></path></svg></div></div></div><div class="jsx-723266436 footerv2_collapse-container"><div class="jsx-723266436 footerv2_collapse__title-container"><p class="jsx-723266436 footerv2_collapse__title-text"><a href="/property-for-room-rental" class="jsx-723266436 footerv2_collapse__title-text">All Rooms</a></p><div style="display:none;transform:rotate(0deg)" class="jsx-723266436 footerv2_collapse__title-icon"><svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="none" viewBox="0 0 16 16"><path stroke="#6B7280" stroke-linecap="round" stroke-linejoin="round" d="M4 6l4 4 4-4"></path></svg></div></div></div><div class="jsx-723266436 footerv2_collapse-container"><div class="jsx-723266436 footerv2_collapse__title-container"><p class="jsx-723266436 footerv2_collapse__title-text"><a href="/condo-apartment-for-rent" class="jsx-723266436 footerv2_collapse__title-text">Condos</a></p><div style="display:none;transform:rotate(0deg)" class="jsx-723266436 footerv2_collapse__title-icon"><svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="none" viewBox="0 0 16 16"><path stroke="#6B7280" stroke-linecap="round" stroke-linejoin="round" d="M4 6l4 4 4-4"></path></svg></div></div></div><div class="jsx-723266436 footerv2_collapse-container"><div class="jsx-723266436 footerv2_collapse__title-container"><p class="jsx-723266436 footerv2_collapse__title-text"><a href="/hdb-for-rent" class="jsx-723266436 footerv2_collapse__title-text">HDBs</a></p><div style="display:none;transform:rotate(0deg)" class="jsx-723266436 footerv2_collapse__title-icon"><svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="none" viewBox="0 0 16 16"><path stroke="#6B7280" stroke-linecap="round" stroke-linejoin="round" d="M4 6l4 4 4-4"></path></svg></div></div></div><div class="jsx-723266436 footerv2_collapse-container"><div class="jsx-723266436 footerv2_collapse__title-container"><p class="jsx-723266436 footerv2_collapse__title-text"><a href="/landed-for-rent " class="jsx-723266436 footerv2_collapse__title-text">Landed</a></p><div style="display:none;transform:rotate(0deg)" class="jsx-723266436 footerv2_collapse__title-icon"><svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="none" viewBox="0 0 16 16"><path stroke="#6B7280" stroke-linecap="round" stroke-linejoin="round" d="M4 6l4 4 4-4"></path></svg></div></div></div><div class="jsx-723266436 footerv2_collapse-container"><div class="jsx-723266436 footerv2_collapse__title-container"><p class="jsx-723266436 footerv2_collapse__title-text"><a href="/commercial-for-rent" class="jsx-723266436 footerv2_collapse__title-text">Commercial</a></p><div style="display:none;transform:rotate(0deg)" class="jsx-723266436 footerv2_collapse__title-icon"><svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="none" viewBox="0 0 16 16"><path stroke="#6B7280" stroke-linecap="round" stroke-linejoin="round" d="M4 6l4 4 4-4"></path></svg></div></div></div><div class="jsx-723266436 footerv2_collapse-container"><div class="jsx-723266436 footerv2_collapse__title-container"><p class="jsx-723266436 footerv2_collapse__title-text"><a href="/industrial-for-rent" class="jsx-723266436 footerv2_collapse__title-text">Industrial</a></p><div style="display:none;transform:rotate(0deg)" class="jsx-723266436 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(Pictures by Albert Chua/The Edge Singapore)","fid_thumbnail":"86364119","path":"property-news/sale-hdb-shophouse-toa-payoh-offers-prime-entry-point-areas-long-term-rejuvenation","author":"Aster See","body":[{"type":"image","alt":"","content":"https://img.tepcdn.com/img-style/simplecrop_article/86364119.jpg","description":"Anchored by a series of rejuvenation plans for the Toa Payoh estate and several thousand new households moving into the vicinity of the shophouse, the new owner stands to capitalise on the transformation of Toa Payoh. (Pictures by Albert Chua/The Edge Singapore)","width":"","height":""},{"type":"text","content":"Amid the flurry of activity in the private residential market, real estate investors would be wise to consider more stable, income-generating assets like HDB shophouses. An opportunity has just arisen to acquire one such prized property in the mature Toa Payoh neighbourhood.","description":""},{"type":"text","content":"The 1,478 sq ft HDB shophouse on the market is located at 125 Toa Payoh Lorong 1, one of the most centrally located estates in District 12. The property is available for $2.88 million and is on a prime site bounded by Toa Payoh Lorong 1 and Toa Payoh Lorong 2. It is also less than 200m from Braddell MRT Station on the North-East Line. According to LTA ridership statistics, this station serves approximately 13,000 MRT riders daily and is intrinsically linked to the nearby HDB flats.","description":""},{"type":"text","content":"The shophouse is also near Toa Payoh West Market and Food Court, Kheng Cheng School, Toa Payoh West Community Centre, and the Singapore Federation of Chinese Clan Association Building on Toa Payoh Lorong 2.","description":""},{"type":"ad","platform":"web","content":"in_article_inread_ad_1","description":"728x90, 300x250"},{"type":"ad","platform":"mobile","content":"Banner_Article","description":"300x250, 300x300, 576x96, 960x160"},{"type":"text","content":"Anchored by a series of rejuvenation plans for the Toa Payoh estate and several thousand new households moving into the vicinity of the shophouse, the new owner stands to capitalise on the transformation of Toa Payoh, which is set to increase pedestrian footfall and uplift capital values in the area.","description":""},{"type":"text","content":"","description":""},{"type":"text","content":"\u003ch2\u003e\u003cstrong\u003eMarket Comparison\u003c/strong\u003e\u003c/h2\u003e","description":""},{"type":"text","content":"The HDB shophouse for sale is exclusively marketed by Aster See, senior marketing director at ERA Realty. The industry veteran says that most HDB shophouses located at the city fringe locations typically yield a rental return of income (ROI) of around 2-3% based on their sales price. \"In contrast, the shophouse at 125 Toa Payoh Lorong 1 offers an estimated ROI of approximately 4%. Given its competitive pricing and strong value in comparison, this property stands out as a more attractive investment opportunity for those seeking higher rental returns,\" she says.","description":""},{"type":"text","content":"","description":""},{"type":"image","alt":"","content":"https://sg.tepcdn.com/public/usr/dsc14e/fdb658-BLD-BLK-125-TOA-PAYOH-LORONG-1-01-543-01-AC.jpg","description":"\u003cstrong\u003eThe HDB shophouse for sale at 125 Lorong 1 Toa Payoh.\u003c/strong\u003e","width":"900","height":"600"},{"type":"text","content":"","description":""},{"type":"text","content":"","description":""},{"type":"text","content":"\u003ch2\u003e\u003cstrong\u003eFinancial Insights\u003c/strong\u003e\u003c/h2\u003e","description":""},{"type":"text","content":"She adds that this property also presents an attractive investment opportunity with an estimated rental yield of approximately 4%. Such yields are competitive in the current market and offer\u0026nbsp;steady income for investors. \"Coupled with a potential capital appreciation in the future,\u0026nbsp;as Toa Payoh continues to rejuvenate, the long-term ROI ofthis property could be substantial\".","description":""},{"type":"text","content":"","description":""},{"type":"text","content":"\u003ch2\u003e\u003cstrong\u003eRemaking Toa Payoh\u003c/strong\u003e\u003c/h2\u003e","description":""},{"type":"text","content":"Toa Payoh will benefit from several government initiatives and schemes to rejuvenate the mature housing estate. It is one of three neighbourhoods earmarked for rejuvenation under the government’s third phase of its Remaking Our Heartland programme.","description":""},{"type":"text","content":"The programme, first introduced by then-Prime Minister Lee Hsien Loong in his 2007 National Day Rally speech, offers comprehensive rejuvenation plans for HDB towns and estates to ensure their sustainability and vitality.","description":""},{"type":"text","content":"Since 2015, plans for Toa Payoh have been progressively implemented, with several aimed at enhancing commercial and recreational facilities. The most notable development is the new integrated project on the site of the former swimming complex, sports hall, and stadium along Toa Payoh Lorong 6.\u003cbr /\u003eThe upcoming integrated development will comprise new sports facilities, a football stadium, a new swimming pool complex, indoor sports halls, sheltered tennis courts, futsal courts, netball courts and fitness studios. National training centres for aquatics, netball and table tennis are planned for the site, which will also include a polyclinic and library.","description":""},{"type":"ad","platform":"web","content":"in_article_inread_ad_2","description":"728x90, 300x250"},{"type":"ad","platform":"mobile","content":"Banner_Article2","description":"300x250, 300x300, 576x96, 960x160"},{"type":"text","content":"","description":""},{"type":"image","alt":"","content":"https://sg.tepcdn.com/public/usr/dsc14e/255dcb-BLD-BLK-125-TOA-PAYOH-LORONG-1-07-AC.jpg","description":"\u003cstrong\u003eThe HDB shophouse for sale is available for $2.88 million.\u003c/strong\u003e","width":"900","height":"600"},{"type":"text","content":"","description":""},{"type":"text","content":"When the 12ha integrated development is completed in 2030, it is expected to enhance Toa Payoh’s appeal as an HDB town and drive up footfall for the area's shops, including the HDB shophouse up for sale at nearby 125 Toa Payoh Lorong 1.","description":""},{"type":"text","content":"","description":""},{"type":"text","content":"\u003ch2\u003e\u003cstrong\u003eToa Payoh and Caldecott rejuvenation\u003c/strong\u003e\u003c/h2\u003e","description":""},{"type":"text","content":"The government’s plans to rejuvenate Toa Payoh and neighbouring Caldecott will be anchored by several thousand new flats in these two estates. One of the upcoming Build-To-Order projects is Toa Payoh Ridge, located at the junction of Toa Payoh Rise and Lorong 1 Toa Payoh. The 920-unit BTO project is less than 300m from the HDB shophouse for sale.","description":""},{"type":"text","content":"Toa Payoh Ridge was launched as part of the February 2020 BTO exercise. It consists of four 40-storey residential blocks and is expected to be completed in 1H2025. The BTO project sits between Toa Payoh and the upcoming Caldecott estate, which has been earmarked for future residential development.","description":""},{"type":"text","content":"Caldecott has been earmarked for future residential development since 2017, when the government announced plans to build new BTO flats on a 10ha plot next to Caldecott MRT Station on the Circle Line. These new flats will be less than 500m from the HDB shophouse for sale at 125 Toa Payoh Lorong 1.","description":""},{"type":"text","content":"","description":""},{"type":"image","alt":"","content":"https://sg.tepcdn.com/public/usr/dsc14e/dc699a-BLD-BLK-125-TOA-PAYOH-LORONG-1-05-AC.jpg","description":"\u003cstrong\u003eRejuvenation plans for Toa Payoh will broaden the consumercatchment around the HDB shophouse at 125 Lor 1 Toa Payoh.\u003c/strong\u003e","width":"900","height":"739"},{"type":"text","content":"","description":""},{"type":"text","content":"The government appears to be laying the groundwork for a new BTO project in Caldecott, adjacent to Toa Payoh Ridge. Last February, the URA rezoned a plot at the junction of Toa Payoh Rise and Braddell Rise from educational to residential use, with an impressive gross plot ratio of 5.0. This suggests a high-rise BTO development may be in the site's pipeline.","description":""},{"type":"text","content":"Supported by these surrounding\u0026nbsp;developments, the shophouse for sale could benefit from the increased footfall around the area as the customer catchement of the area broadens.","description":""},{"type":"ad","platform":"web","content":"in_article_inread_ad_3","description":"728x90, 300x250"},{"type":"ad","platform":"mobile","content":"Banner_Article3","description":"300x250, 300x300, 576x96, 960x160"},{"type":"text","content":"The construction of new BTO flats in Caldecott and Toa Payoh promises good news for the new owner of the HDB shophouse for sale. 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