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S$ 900,000
S$ 3,629 psfEst. mortgage S$ 3,222/mo
Space @ Kovan
248 sqft
Built: 2015
Yio Chu Kang RoadView on map
Hougang / Punggol / Sengkang (D19)Est. mortgage S$ 3,222/mo
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Property details
Property type
Other Retail
Floor area
248 sqft
Price/sqft
S$ 3,629.03 psf
Floor Level
Ground
Last updated
1 month ago
Description
Freehold PropertyGround Floor ShopRetail UnitBrand New Retail ShopsFoot Traffic LocationSteady Rental IncomeVersatile UsageMixed-Use Development
Opportunity to Diversify Risk and Increase Long-Term Returns
Invest in this premium freehold commercial unit located within a dynamic mixed-use development, offering a unique opportunity to diversify your portfolio. This property not only ensures a steady stream of income but also provides a sense of place and synergy for tenants, driving profitability.
Currently tenanted total with next door unit till 2026
Developer: RP North Pte Ltd / RP Properties Pte Ltd / Roxy-Pacific Developments Pte Ltd
Tenure: Freehold
Owner Type: Private
Air-Conditioning: Common Area
Property Features:
• Brand New Retail Shops: Ready for immediate occupancy, available for sale or rent.
• Mixed-Use Development: The development comprises 140 residential units and commercial units on the ground floor, ensuring a consistent flow of foot traffic.
• Versatile Usage: Ideal for a variety of businesses such as clinics, tuition centres, light F&B cafes, laundry services, beauty spas, and more.
• Proximity to Private Estates: The property is situated in close proximity to established private estates, ensuring a steady clientele and local patronage.
Investment Highlights:
• Freehold Tenure: Enjoy long-term capital appreciation and ownership without the worry of lease expiry.
• High Demand Area: The strategic location, coupled with nearby residential areas, enhances the commercial appeal and ensures excellent visibility and accessibility for customers.
• Diverse Tenant Possibilities: With a range of potential uses, this property offers flexibility and attractive prospects for various tenants, which can lead to increased rental income.
Don't miss the chance to secure this prime commercial space and enjoy the benefits of long-term returns in a thriving mixed-use development.
Listed by Connie Hua
PROPNEX REALTY PTE. LTD.
CEA: L3008022J | R018175J
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