Five strata-titled F&B and childcare centre units for sale at The Hilford from $2,300 psf
CBRE is offering five commercial units for sale at The Hillford on Jalan Jurong Kechil. With a strata area of 5,124 sq ft, the units span sizes from 538 sq ft to 2,713 sq ft and are approved for a range of different uses, such as an F&B outlet, a childcare centre, and a commercial school. The entire portfolio is up for sale at $12.3 million ($2,400 psf), while individual units can be purchased for as low as $1.2 million or $2,230 psf. The offer is part of an expression of interest closing on November 15.The Hillford is a mixed-use development developed by World Class Global, the property development arm of Aspial Corp, and completed in 2017. It has 18 strata-titled shop units on the ground floor and 281 residential units on the second to seventh floors, originally positioned as a retirement resort. All the residential units were snapped up in a single day at an average price of $1,104 psf in 2014.The leasing was for a 60-year period, with a remaining 50 years on the lease at present. The last transaction of a shop unit was in May 2019, when a 312 sq ft unit was sold for $842,000 ($2,697 psf).The Hillford’s location in an affluent neighbourhood with a ready catchment of residential developments such as Beauty World and Hillview ultimately makes the property an attractive alluring prospect for potential buyers.
CBRE is offering five commercial units at The Hillford for sale on Jalan Jurong Kechil. These units range in size from 538 sq ft to 2,713 sq ft, and are approved for different uses such as F&B outlets, a childcare centre, and a commercial school. The portfolio has a total strata area of 5,124 sq ft and is available for sale for $12.3 million ($2,400 psf) or individual units starting from $1.2 million ($2,230 psf), as part of an expression of interest closing on November 15.
The Hillford is a mixed-use development completed in 2017 by World Class Global, the property development arm of Aspial Corp. It has 18 shop units on the ground floor and 281 residential units on the second to the seventh floors, originally positioned as a retirement resort. All the residential units were sold in a single day in 2014 at an average price of $1,104 psf.
Residents will get to enjoy a wide range of amenities, such as an Olympic-size swimming pool, fully equipped gymnasium, children’s playground and a 24-hour security system. Residents are also close to various amenities such as public transport, shopping malls and entertainment outlets. Woodlands Champions Way Condo is the perfect setting for those looking for convenience and comfort in their urban living.
In addition, the units are available with a 60-year lease, with a remaining 50 years in the present. The last transaction of a shop unit was in May 2019, when a 312 sq ft unit was sold for $842,000 ($2,697 psf).
Situated in an affluent neighbourhood with a ready catchment of residential developments such as Beauty World and Hillview, The Hillford is an attractive prospect for potential buyers. This, in addition to its underlying permanent approvals, makes it an alluring investment for potential buyers.
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