CBRE, as the exclusive marketing agent, is pleased to offer for sale, a portfolio of 5 retail assets comprising two HDB Coffeeshops, 1 HDB shophouse, and two strata-titled retail units.
-- CBRE, as the exclusive marketing agent, is pleased to offer for sale, a portfolio of 5 retail assets comprising two HDB Coffeeshops, 1 HDB shophouse, and two strata-titled retail units. The sale will be conducted via an Expression of Interest exercise, which will close on Wednesday, 15 April 2026, at 3pm.
The Portfolio is strategically positioned within a diverse array of Singapore’s most prominent commercial hubs and matured residential estates, including Tanjong Pagar, Orchard, Jurong East, and Marine Parade. The assets are anchored within exceptionally high-density catchment areas and are located within close proximity to key transportation infrastructure. They are also immediately enveloped by an extensive ecosystem of F&B options and essential service amenities, ensuring the portfolio remains a focal point of high footfall and commercial activity.
Forming a large part of the portfolio, are two HDB coffeeshops and a HDB shophouse. These assets are typically highly regarded by astute investors given the scarcity of such assets, especially those that are approved for coffeeshops or F&B usage, which can typically command a rental premium. The remaining two strata-titled retail units are located within two of Singapore’s most iconic shopping destinations, The Centrepoint and Parkway Parade, which have cultivated a deep and long-standing loyal customer base over several decades. By virtue of their location within these reputable landmarks, the units offer an unparalleled opportunity to tap into established consumer traffic and high-brand visibility in both the Orchard Road shopping belt and the affluent Marine Parade enclave.
The guide price for the entire portfolio is approximately S$30.92 million and can be acquired collectively or on an individual basis. More information on the assets is tabled below:
Mr. Clemence Lee (利伟强), Executive Director of Capital Markets, Singapore at CBRE, noted: “This portfolio presents a distinguished opportunity to acquire a coveted collection of three HDB shophouses and two strata-titled retail units, a significant offering with two of the shophouses commanding rare, approved coffeeshop uses. HDB coffeeshops remain one of Singapore’s most exclusive asset classes, out of the 8,500 privately-held HDB shophouses nationwide, a mere 402 are privately-held and approved for coffeeshop use. This acute scarcity, compounded by HDB’s cessation of new shophouse sales in 1998, renders this a truly blue-chip opportunity that rarely surfaces on the open market as astute investors continue to tightly hold on to units that command prime and strategic locations.
Mr Lee concludes: “Priced at a palatable investment quantum of around S$30 million for the entire portfolio, or between S$4 million – S$10 million for individual units, we expect strong interest from a wide range of investors such as owner-occupiers, boutique real estate funds, corporate investors, family offices and high net worth individuals. The incoming investor can also look at individual sales of the units as an exit strategy in the future, with each unit being priced at a much lower quantum that can appeal greatly to individual investors and owner occupiers.”
1 Tanjong Pagar Plaza, #02-04 / 05
262 Jurong East Street 24, #01-485
348 Jurong East Avenue 1, #01-1247
Retail unit in The Centrepoint, #02-14
Retail unit in Parkway Parade, #04-07
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE: CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2025 revenue). The company has more than 155,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves clients through four business segments: Advisory (leasing, sales, debt origination, mortgage servicing, valuations); Building Operations & Experience (facilities management, property management, flex space & experience, data center solutions); Project Management (program management, project management, cost consulting); Real Estate Investments (investment management, development). Please visit our website at www.cbre.com.
