For Sale Stars of Kovan (Food Village Concept)
99 Years from 2015
By Renowned Developer (Cheung Kong Property Holdings)
Ground Floor Level With Max Exposure & Frontage
Asking Price $50,000,000, $6943 psf
Size: 7201 sqft / 668 sqm
TOP Est. Mid 2019
Maintenance Fee Est. $1.20 psf
Food Village Concept (subject to final approval)
- Consists of 33 units F&B take away outlets.
- Total let-able area est 4706sqft.
- Total attainable rental est $216,000 @ $46 psf
Condition of Unit:
- Located on the ground floor with high visibility, come with full street frontage to readily catch the attention of shoppers and passers-by.
- Luxurious & sophisticated layout with full glass wide frontage.
- Bare, en suites with attached toilet. Individual air conditioning unit in each unit.
- Provision of cold water stop-valve at one location, one floor trap connected to common grease trap.
- Able to install own future kitchen exhaust system.
Prime Selling of Stars of Kovan
- Kovan is famous for many good food eateries, located opposite of Punggol Nasi Lemak.
- High populated area, catchment area includes Kovan, Serangoon and up coming Bidadari.
- High spending shoppers, over 80% residents from landed properties and private condo in Kovan vicinity.
- Integrated within a Food Village concept (subject to final approval), target youngsters & foodie haunters with strong & sustainable consumption capacity.
- 4 mins walk to Kovan MRT station.
Guarantees From Developer
- Before TOP, Buyer will start to collect Monthly Repayment.
- After TOP, 3 Years Rental Subsidy for Investors (Est. 3.7% yield). 3 Years Interest Subsidy for own use.
- Developer appoint management agent to manage mall, select tenants and control the trade mix to build a Sustainable Long Term Image.
Additional Benefits Owning Commercial Properties
- No ABSD
- No SSD
- Foreigners & Companies eligible to purchase.
Contact Pedro @ +65-9635-2283 for more details
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