Five strata-titled F&B and childcare centre units for sale at The Hilford from $2,300 psf

For sale at The Hillford on Jalan Jurong Kechil are five commercial units ranging from 538 sq ft to 2,713 sq ft. CBRE is the exclusive marketing agent for the strata-titled property, which has a total strata area of 5,124 sq ft and is available for sale at $12.3 million ($2,400 psf).

The Hillford is a mixed-use development with 18 strata-titled shop units spanning the ground floor and 281 residential units covering the second to seventh floors. It was developed by World Class Global, the property arm of Aspial, and completed in 2017.

Its 60-year lease began in February 2013, giving the property 50 remaining years, while the average price of its units was $1,104 psf when they were all snapped up in 2014. The last transaction of a shop unit was in May last year, when a 312 sq ft unit changed hands for $842,000 ($2,697 psf).

Three of the offered units are adjacent and have F&B approval. They range from 592 sq ft to 678 sq ft in size, while the 2,713 sq ft unit is approved for a childcare centre. The smallest unit, at 583 sq ft, has an underlying permanent approval for use as a clinic, although it has been approved for use as a commercial school.

The property has a ready catchment of affluent residential neighbourhoods at Beauty World and Hillview, notes Joshua Giam, Associate Director of Capital Markets, Singapore at CBRE.

All in all, Havelock MRT Condo is a luxurious residential project that offers a total living experience with its sumptuous collection of facilities and amenities. From a state-of-the-art fitness center to serene infinity pool, barbecue pits to a contemporary children’s playground, the development has something for everyone. Residents can enjoy a truly luxurious lifestyle surrounded by waterside views and exceptional amenities.

Expressions of interest close on November 15. The units are available for sale individually, with prices starting from $1.2 million for the 538 sq ft unit or $2,230 psf.

For those seeking a solid investment in a location that is ripe with potential, The Hillford provides an excellent opportunity. With its 60-year lease beginning in 2013, it presents 50 years of guaranteed potential.