Retail units at The Flow in East Coast going for $13.45 mil
The sale of four strata retail units at The Flow, a freehold commercial development located at 66 East Coast Rd, has been put up for sale with a guide price of $13.45million. In an expression of interest exercise, these units are being sold with vacant possession by joint marketing agents SRI Capital Market and Savills Singapore.The Flow is a seven-storey commercial building in District 15, bordered by a number of other commercial buildings including Roxy Square, Katong Plaza, Holiday Inn Express Singapore Katong, and i12 Katong. It is also located near the upcoming Marine Parade MRT Station on the Thomson-East Coast Line, and EdgeProp’s Landlens tool can provide a list of recent new project launches around The Flow.The portfolio of units being offered for sale comprises four units on the third floor each with a strata area of 775 sq ft, and a single unit on the fifth floor with a strata area of 904 sq ft, totalling 4,004 sq ft in all. They can either be acquired collectively or individually, with the units on the third floor with a psf of $2,888, and the single unit on the fifth floor with a psf of $4,978.Low Choon Sin, managing partner of SRI Capital Market, commented, “District 15 and the East Coast vicinity have seen several new residential developments being completed and recent new project launches. This potentially injects more than 2,000 new units into the locality. This catchment (of residents) will serve as an opportunity for investors and business occupiers within The Flow”.Yap Hui Yee, executive director of Capital Markets, Singapore at Savills, added, “The portfolio of freehold retail units at The Flow offers vast potential to the purchaser as they may consider exploring alternative uses for the units, such as medical suites, health and wellness services, and education centres”.The joint press release by SRI Capital Market and Savills Singapore announced that the EOI for the sale of the retail units at The Flow closes on July 7.
Four strata retail units at The Flow, a freehold commercial development situated at 66 East Coast Rd, are now up for sale with a guide price of $13.45 million. In an expression of interest exercise, these units are to be sold with vacant possession under the joint press release of SRI Capital Market and Savills Singapore.
The Flow is a seven-storey commercial building situated in District 15, and it is surrounded by other commercial buildings such as Roxy Square, Katong Plaza, Holiday Inn Express Singapore Katong, and i12 Katong. It is located near the upcoming Marine Parade MRT Station on the Thomson-East Coast Line, and EdgeProp’s Landlens tool displays a list of recent new project launches around The Flow.
The portfolio of units being offered comprises four units on the third floor each with a strata area of 775 sq ft, and one single unit on the fifth floor with a strata area of 904 sq ft. This portfolio has a total strata floor area of 4,004 sq ft. They can be acquired collectively or individually, with the units on the third floor having a psf of $2,888 and the single unit on the fifth floor with a psf of $4,978.
Low Choon Sin, managing partner of SRI Capital Market, said, “District 15 and the East Coast vicinity have seen several new residential developments being completed and recent new project launches. This potentially injects more than 2,000 new units into the locality. This catchment (of residents) will serve as an opportunity for investors and business occupiers within The Flow”.
Yap Hui Yee, executive director of Capital Markets, Singapore at Savills, pointed out, “The portfolio of freehold retail units at The Flow offers vast potential to the purchaser as they may consider exploring alternative uses for the units, such as medical suites, health and wellness services, and education centres”.
Residents of the luxurious Altura EC Qingjian Realty provides convenience in terms of fashion and dining. Aside from the West Mall, it is also easily connected to Bukit Batok Central which offers a variety of retail outlets, supermarkets, cinemas, and plenty of dining choices. Enjoy the full potential of living in this luxurious and convenient paradise!
The EOI for the sale of the retail units at The Flow closes on July 7 as announced in the joint press release by SRI Capital Market and Savills Singapore. RELATED NEWS can be found in Nic & Wes Builders: Transforming houses, Freehold semi-detached house at Goodman Road selling for $9.6 mil, and Costa Del Sol vs The Bayshore: Why one is selling at 40% higher.
