Five strata-titled F&B and childcare centre units for sale at The Hilford from $2,300 psf
CBRE is offering 5 commercial units for sale at The Hillford on Jalan Jurong Kechil. These units, ranging from 538 sq ft to 2,713 sq ft, have been approved for various uses – from F&B to a childcare centre. The entire portfolio, with a total strata area of 5,124 sq ft, is available for sale at $12.3 million. Alternatively, the units are also available for individual sale, starting from $1.2 million.
The Hillford, a mixed-use development on Jalan Jurong Kechil, Singapore, is offering five commercial units for sale through CBRE, the exclusive marketing agent. Developed by World Class Global, the property development arm of Aspial Corp, The Hillford was completed in 2017 and is spread across 18 strata-titled shop units on the ground floor and 281 residential units spanning the second to seventh floors. The commercial units are offered with a total strata area of 5,124 sq ft, and have been approved for various uses – F&B, childcare centre, commercial school, as well as a clinic.
Adjoining units approved for F&B use range from 592 sq ft to 678 sq ft, while the remaining units range from 538 sq ft to 2,713 sq ft in size. Prices start from $1.2 million for the smallest unit and the entire portfolio is available for sale at a total price of $12.3 million ($2,400 psf).
The Hillford has a 60-year lease, which commenced in February 2013, meaning there is approximately 50 years remaining. When the property was initially launched in January 2014, all 281 residential units were snapped up in a single day at an average price of $1,104 psf.
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The Senja Residences is also in close proximity to the upcoming Jurong Lake District, where a mall, office spaces, entertainment and leisure facilities are slated to open in the near future.
The last transaction of a shop unit was in May last year for a 312 sq ft unit sold at $842,000 ($2,697 psf), based on the caveat lodged with URA Realis. With a ready catchment of affluent residential neighbourhoods at Beauty World and Hillview, the units benefit from great potential.
Expression of interest for the units is open until November 15. Prices start from $1.2 million for a 538 sq ft unit or $2,230 psf, providing buyers with an opportunity to buy at a competitive price. The potential of the property coupled with its location, makes The Hillford a great investment opportunity.
Check out the latest listings for The Hillford properties and explore the potential that exists there!
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