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$2,450,000

Retail for Sale in Stars Of Kovan

978 Upper Serangoon Road · Shop for Sale Hougang / Punggol / Sengkang (D19)

Floor area icon

441 sqft

Bed icon

S$5,555.56 psf

COMMERCIAL
NEGOTIABLE
99 AGENT

Property details

Property segment
Commercial
Main cat
Retail
Sub cat
Shop
District
D19
Is tenanted
No
Last updated
2 days ago
NE13

5 min (307 m) from Kovan MRT

Amenities

Loading Bay

Loading bay

Car Park

Car park

Description

STARS OF KOVAN (COMMERCIAL SHOPS) 988 Upper Serangoon Road Singapore 534733 ~ COMMERCIAL SHOP UNITS - (FOR SALE) ~ NO Additional Buyer's Stamp Duty (No ABSD) ~ NO Seller's Stamp Duty (No SSD) ~ SALE OPTION 1 ~ RENTAL SUBSIDY - (For Vacant Units) * For the First 36 Months, Developer will Guarantee Minimum Rental Income of 3.72% p.a. (If the actual rental income received per annum is lower than the guaranteed rental income, developer will pay the difference). ~ SALE OPTION 2 ~ SELL WITH TENANCY - (For Tenanted Units) * CONFIRMED TENANTS: Bubble Tea Clinic (GP) Fresh Seafood Takeaway Tuition Dental Clinic GP/Aesthetic Korean Snacks Gymnasium Beauty Salon Eyelashes Salon Hair Salon Art Class Korean Fusion Ice Cream Beauty Wellness More To Be Added.. * Subject to Prior Sales & Availability * Above Sale Options are Subject to Change Without Prior Notice ~ LOWEST QUANTUM UNIT (DESSERT & TEA TENANT) Rental Amount: $5,292/mth Net Selling Price: $2,286,000 (441 sf) PSF: $5,184 Yield: 2.78 % ~ HIGHEST YIELD UNIT (MEDICAL TENANT) Rental Amount: $8,432 Net Selling Price: $3,265,000 (527 sf) PSF: $6,195 Yield: 3.1 % ~ SUBJECT TO PRIOR SALES * All Ground Floor Shop Units (From 312 sf) * High Visibility For Passer-by * High Human & Vehicular Traffic * Professional Trade Mix Control Management * 2 Mins Walk From Kovan MRT Station * Ample Parking Lots * Contact Mr K S Lee @ STARS OF KOVAN (COMMERCIAL SHOPS) * Stars of Kovan will be the Lifestyle Centre to People Living in the Neighborhood Where they Can Live, Work & Play in. Our Theme will Enhance the Value of the Properties. * F&B Outlets (Take-aways Option) Allow Residents & those Around the Vicinity to Easily Enjoy a Cup of Coffee or Light Food; Without having to drive. * A Well Controlled & Balance Mix of Trade & Carefully Selected Tenants are Important to Upkeep the Neighborhood Needs for Convenience Keeping Everything Within Walking Distance.

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premium agent
Lee Kheng Swee 李庆水

ERA REALTY NETWORK PTE LTD

CEA: L3002382K | R058603C

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