Geylang Commercial
Developer : Novelty Singapore Pte Ltd
Tenure: Freehold
The Development:
2-storey conservation building consists of 12 strata-titled shops on ground floor and 12 strata-titled commercial units on second floor
TOP: Already TOP in Jan 2009
Legal Completion : Within 3 years from date of TOP
GST : All Purchasers shall pay 7% Goods and Services Tax on the Sales Price
Car Parks:
4 + 2 mechanical in basement,
Season parking could be purchased from MC of Atrium subject to availability or
purchase URA season parking ticket at $80 per month
Ceiling heights:
Ground floor average - Approx. 4m+ except for toilet area approx. 2.4m: Second floor refer to sectional view plans
Booking Fees :
10% Sales Price by cheque issued to Project Account
7% GST on Booking Fee Payable to Novelty Singapore Pte Ltd
Balance Payment:
Within 8 weeks from date of OTP
Great Investment Opportunities:
1. Ability to attract good human traffic due to:
*excellent visibility as it is Fronting main Geylang Road
*close promiximity to Aljunied MRT (5-7 min walk)
*close promiximity to future Dakota MRT(7-9 min walk)
*unique charm of the area and being the famed food paradise of Singapore:
2. Centralised location:
*Near city
*Near Airport
*Easy access to ECP/PIE/KPE/Nicoll Highway
3. Good potential rental returns, historically 5.5% - 8.5% is common
4. Afforable Sales Quantums
| Unit No | Floor Area(sm) | Floor Area(sf) | Sales Price(PSF) | Sale Price |
|---|---|---|---|---|
| 532A | 170 | 1830 | 600 | $1,098,000 |
| 514A | 152 | 1636 | 600 | $$981,600 |
| 512A | 127 | 1367 | 600 | $902,220 |
Note: All prices are subject to changes without notice.
Units Chart
Floor Plan - ground floor
Floor Plan - 2nd floor
Ceiling Height
Labels: Commercial
