CHEAP. CHEAP. STRONG INVESTMENT POTENTIAL, HIGH RENTAL YIELD, MOVE-IN READY, WELL RENOVATED
Unit Details
• 1 Bedroom + Study
• Well renovated
• Quiet, greenery-facing stack
• Efficient layout with no wasted space
Immediate Rental Income
• Tenanted at $3,250/month ($6.16 psf/month), immediate rental income from day one
• Long-term tenant for 3 years, lease renewal in November, no downtime looking for new tenants
• Development average is $5.56 psf/month, this unit is tracking above average
Perfect unit for investors:
• Development-wide rental yield sits at 3.5% — this unit outperforms that benchmark
• 115 units sold at a profit in the past year, strong resale fundamentals
• 1-bed + study is the most liquid investor format in the OCR, easiest to tenant, easiest to exit
Upcoming Catalysts
• Hougang MRT becomes future Cross Island Line ( CRL ) interchange in 2030
• CapitaLand-UOL awarded the Hougang Central GLS site, bringing 300,000 sq ft of retail
• Cross Island Line opens access to Defu Industrial City and Tampines North , broadens the professional tenant pool
Location
• 8 min walk to Kovan MRT, 5 min to future Hougang interchange entrance
• Hougang Mall, Heartland Mall, NEX, and Kovan food centre
*certain images have been decluttered with AI, actual photos attached in the listing
Contact Jeremiah Buy for viewing today. View to appreciate
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