For Sale | Controlling Interest in a Prime Suburban Retail Podium & Strata Basement Car Park

  • 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.

Steven Ming
Steven Ming

CEA: R022693B

T: +65 90040518

E: steven@sakal.asia

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Lennon Koh
Lennon Koh

CEA: R022673H

T: +65 97487400

E: lennon.koh@sakal.asia

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Eugene Ang
Eugene Ang

CEA: R063953F

T: +65 94237970

E: eugene.ang@sakal.asia