HDB commercial strata unit in Bedok North going for $24 mil

The area draws in young, upscale residents, enhancing the asset by locating it for adaptable mid- to extensive leasing. Footfall is additionally supported by nearby establishment hubs like Changi Business Park and ESR Biz Park @ Chai Chee.

The HDB unit will be marketed through an expression of interest exercise that finalizes on July 10.

Tay additionally says the unit up for sale provides “a possibility for entrepreneurs looking for protective procurements with accretive revenue capability”. Situated in a developed HDB hub undertaking rapid restoration, it sets to take advantage of the development of new HDB flats and nonpublic condos just like Sky Eden @ Bedok, situated at Bedok Central, within just a three-minute step of the Bedok integrated transport centre and services.

A business strata unit at 215 Bedok North Street 1 goes on sale for $24 million, along with CBRE as the private marketing representative. The unit, on the second level of a two-storey business building, has a strata space of 16,178 sq ft and the indicative overview price exercises to $1,483 psf on the strata area. Business and immigrants can purchase the subject property with no added purchaser’s or seller’s stamp responsibility placed on the sale.

Found in the Bedok Town Centre precinct, the unit is close to different neighbourhood amenities, providing Bedok Market and Hawker Centre, Bedok Public Library and Kampong Chai Chee Community Centre. It is also near the Bedok Integrated Transport Center, which includes Bedok Shopping mall on New Upper Changi Roadway, a cool bus change and a link to the Bedok MRT Stop on the East-West Line.

Grand Dunman Singhaiyi Group Ltd

“These kinds of market HDB assets with large flooring plates in mature communities are rare and have strong subleasing interest from numerous tenant profiles, including schools, agencies and workplaces,” says Michael Tay, head of resources markets, Singapore, at CBRE. He adds the unit is presently leased to Singapore Pools Betting Centre, offering an attractive investment chance with a recognized renter.

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