_Portfolio Diversification Opportunity: Prime Strata Assets For Sale Across Singapore
Singapore, 04 November 2025 – Knight Frank Singapore, as the exclusive marketing agent, is pleased to announce the launch of three prime strata properties for sale via an Expression of Interest exercise. The properties are a rare industrial canteen located at Premier@Kaki Bukit, a two-storey HDB shophouse at 150 Bishan Street 11, and adjoining shop units within International Plaza. Each property is held under separate ownership and may be sold individually.
Premier@Kaki Bukit – Industrial Canteen
Located within the Kaki Bukit precinct, the asset is situated in an 8-storey ramp up industrial building, spanning a strata area of approximately 12,303 sq ft, with permanent approval for canteen use. Currently leased to a single operator, it features nine food stalls and a drink stall within a spacious layout with high ceilings and ample seating.
The asset’s wide variety of F&B offerings attracts consistent patronage from the working crowd in the vicinity, and is well-positioned to benefit from upcoming rejuvenation in the area. Come 2030, the redevelopment of Paya Lebar Air Base will transform the wider precinct into a new mixed-use suburban town integrating 150,000 new homes, commercial, and green spaces.
The guide price of the property is $10.5 million, translating to approximately $853 psf. Zoned B2 Industrial, it is eligible for foreigner purchase and does not attract any Additional Buyer’s Stamp Duty.
150 Bishan Street 11 – Two-storey HDB Shophouse with Residential Component
Located within one of Singapore’s most populated residential estates, the asset spans a strata area of approximately 1,571 sq ft, with the ground floor currently tenanted to a minimart operator. The upper floor living quarters are currently vacant, and suitable for owner occupiers.
Strong footfall is driven by the area’s dense residential catchment and a range of amenities located within close proximity. A wet market, multi-storey carpark and bus stop are seamlessly accessible via sheltered walkways. Surrounded by BCA Braddell Campus, Toa Payoh North Industrial Estate and several schools including Raffles Institution (Secondary and Junior College), the asset benefits from steady patronage generated by a diverse mix of visitors.
The recent completion of 472-unit BTO development Bishan Towers located across the street will bring a new wave of residents and further increase foot traffic. The property also enjoys excellent connectivity with Bishan MRT station accessible within four bus stops, and established neighbouring tenants such as the Yang Ming Seafood, The Durian Times and After Hours Gelato further enhance its appeal.
The guide price of the property is $3.4 million, translating to approximately $2,164 psf and is eligible for foreigner purchase while Additional Buyer Stamp Duty is applicable for the upper floor.
International Plaza – Ground Floor Shop Units in Prime CBD Location
The asset presents an opportunity for investors seeking a palatable, income-generating property in District 2. Comprising four adjoining shop units with a total strata area of approximately 1,066 sq ft, it is located on the second floor of one of Singapore’s most iconic mixed-use developments.
The units enjoy wide frontage and steady footfall from the surrounding office and residential community. A fitted water point offers the added potential for F&B conversion in the future, subject to approval by the relevant authorities. Sheltered access to Tanjong Pagar MRT Station and dedicated covered drop off points on both sides of the property ensures convenience for tenants and visitors alike.
The guide price of the property is $3 million, which translates to approximately $2,814 psf. Zoned Commercial, it is eligibe for foreigner purchase, and does not attract any Additional Buyer’s stamp duty.
Ms. Tania Ong (王艳清), Senior Manager, Capital Markets, Knight Frank Singapore, added: “Investor confidence has strengthened with a more favourable interest rate environment, and we are observing more activity across the strata-titled market as properties achieve a positive carry. Demand has been consistent among end-users and investors seeking bite-sized assets in prime locations offering resilient yields performance. This momentum is evident across a range of locations—from prime city-centre assets to heartland retail spaces. Collectively, the three properties exemplify the depth and diversity of Singapore’s strata market.”
The Expression of Interest exercise closes on 2 December (Tuesday), 3.00pm.
Photos for use
Premier @ Kaki Bukit exterior shot
Ground floor of 150 Bishan Street 11
International Plaza, exterior shot
Photo Credit: Knight Frank Singapore
For enquiries, please contact:
Tania Ong
Senior Manager, Capital Markets, Knight Frank Singapore
Tania.ong@sg.knightfrank.com | +65 9835 2678
Michelle Bong Lejtenyi
Senior Manager, Marketing & Communications, Knight Frank Singapore
michellebong.lejtenyi@sg.knightfrank.com | +65 8893 8248 | +65 6228 6822