The subject portfolio comprises 36 Strata Retail Units and 80 carpark lots.
All retail units are on level 1 and most units enjoy prominent street facing or arrival driveway frontage.
Circa 95% of the Strata Retail Units are leased.
Strong tenant pool dominated by enrichment, wellness and medical uses ensuring a stable income profile for investors.
Growing captive market with new Kovan Wellspring BTO completing directly across Stars of Kovan.
Minutes walk to Kovan MRT Station and Kovan Hub.
Future significant growth. 800 hectares of land from nearby Paya Lebar Airbase to be freed up for housing and commercial hubs to underpin future retail demand.
Resilient income yielding opportunity with compelling future strata sale exit potential.