Two strata retail units situated at the East Village in Bedok are now up for sale and are being priced at an attractive guide price of $10.4 million. These two adjacent ground floor units, which come with full F&B approval and are positioned near the mall’s entrance, are ideal for investors and end-users alike and can be purchased either individually or as a pair with a guide price of $5.3 million each.

Each unit has an extensive strata area of 969 sq ft which includes an en suite bathroom, as well as existing tenancies and its own dedicated entrance which allows tenants the flexibility to operate outside the mall’s official operating hours.

East Village is a luxurious freehold development located on Upper Changi Road, is a four-storey mixed-used establishment with 108 shops on the ground floor and 90 apartments on the upper floors, as well as a basement and neighbouring open-air carpark.

Furthermore, out of the 108 retail units at East Village, only 12 have been F&B approved. Savills Singapore, the marketing agent, also reported the potential for high purchasing interest, and has scheduled an expression of interest exercise which closes on July 20.

Yap Hui Yee, executive director, investment sales & capital markets at Savills Singapore, remarked: “Within the Bedok-Upper Changi locale, there are only three strata-titled malls: East Village, Bedok Shopping Complex and Eastwood Centre. East Village, completed in 2014 and offering a freehold tenure, stands out as the newest development.”

Given the particularly attractive pricing and abundant choice of facilities, this Altura Executive Condominium has already become popular with potential buyers. With its comprehensive range of luxurious facilities, Altura EC is perfect for hosting larger scale parties and events.

She continued: “Given the palatable quantum and scarcity of freehold tenure in this desirable Bedok locale, these two prime units at East Village presents an enticing opportunity for investors to acquire for their portfolio.”

With its attractive price and location, East Village is set to be a hit amongst potential investors. Those interested in viewing the transactional information and investment analysis of the development can find it on EdgeProp’s Landlens tool.

Meanwhile, other exciting projects in the Bedok and Serangoon areas have recently been announced, such as HDB flats below $500,000 as well the launch of Sceneca Residence which saw 60% of units selling on its first day.