Brilliance Capital offers Toa Payoh shophouse for $5.88m

The property has about 46 years left on its 78-year lease.

Brilliance Capital has launched a corner two-storey HDB shophouse for sale at Block 177 Toa Payoh Central. 

The property is being offered through an Expression of Interest at a guide price of $5.88m. 

The 635 sq ft ground floor unit is currently tenanted, providing steady rental income. 

The 710 sq ft upper floor is owner-occupied but could offer additional income potential if leased. The property has about 46 years left on its 78-year lease.

Located near Toa Payoh MRT and Bus Interchange, the shophouse is positioned for high foot traffic. 

This is part of the limited supply of privately held HDB shophouses, of which there are around 8,500. 

Its prime location and dual frontage could attract investors seeking stable income and potential for capital appreciation. 

Foreign buyers are eligible to purchase this property, which is treated as commercial real estate.