Office and Retail space right above Paya Lebar MRT
Multiple units for rent and sale.
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You might be wonder that why we are recommending Paya Lebar Square over the other commercial properties new Launches. There are so many reasons but we are going to list you the FIVE most critical factors to your investment decision.
LOCATION
Paya Lebar Square is well located in the new Regional Centre announced by URA. There is an expected flow of both commerical and social activites in the area. Go to our report of Paya Lebar Regional Centre for more information.
INVESTMENT OPPORTUNITY
Paya Lebar Square provide a great investment opportunity for all Singaporeans. The recent cooling rulings by the goverment on Residential Property are taking effects and it is almost quite impossible to invest your money on Residential Property. From our studies, there is still a potential growth in the commerial property before hitting the saturation point in the next few years.
HIGH RENTAL YIELD POTENTIAL
Traditionally, Commercial Property provide better rental yields as compared to residential property. Although Commerial property does not provide good capital gains as to the later, in this unstable economical situation, Paya Lebar Square is good for stable investment income to ride out this stormy period.
SUPERIOR FLOOR LAYOUT
Paya Lebar Square is designed in an effective way that give owners maximum floor area usage. In the recent projects, some developments are very astheitcally designed to sell the amenties, often nelgecting the importance on the unit layout. It is important that property investment buyers understand what potential business owner are looking for in choosing their office/warehouse units for rental. You need a professional property agent to give you the critial advice on this area.
Paya Lebar Square Singapore: Latest Commercial Property for Investment
Paya Lebar Square is strategically located at Paya Lebar Central. with clear accessibility to major expressways, nearby Ubi Industrial Estate and a upcoming MRT Interchange. It is also well-serviced with amenties, such as Singapore Post Headquarters, Paya Lebar Methodist Church, Malay Village, Geylang Serai and East Coast Road. Beside this, it is also very competitive priced to meet the investor’s expectations.
Paya Lebar Square Fact sheet
- TOP 2014, 99 years Tenure
- Beside Paya Lebar MRT & Bus-stop
- Next Business District
- Commercial B1 to 3rd Flr/Office 4th to 13th Flr
- 155 Retails & 569 Offices
- Sizes of 484sqft to 2088sqft for Offices
- 8 Service Bays
- 300+ Car parks
- Foreigners Eligible
Through the media press release, a consortium comprising Low Keng Huat, Guthrie and Sun Venture Group has announced preliminary plans to start selling strata office units in its S$900 million office and retail development, Paya Lebar Square, in December.
Located next to Paya Lebar MRT Interchange station, the 13-storey development is set for completion by mid-2014.
There will be 550 strata office units, where 50 percent of which will have a built-up area of 480 sq ft. Indicative prices for the units range from S$1,650 psf to S$2,000 psf.
Overall, there will be around 430,000 sq ft of offices for strata sale. With about 95,000 sq ft of net lettable area (NLA), the retail podium will occupy Basement 1 to Level 2.
The podium is designed to accommodate a food court, supermarket, food and beverage (F&B) outlets and a banking hall.
Parking lots are located on levels 2 and 3, while the offices will occupy levels 4 to 13.
Paya Lebar MRT Interchange
Paya Lebar MRT Station is a Mass Rapid Transit (MRT) interchange station on the East West Line and the Circle Line in Singapore. It is the first station complex in Singapore that serves both an above ground line (East West) and an underground line (Circle).
For those who are not familiar with MRT Lines in Singapore, the green line represent the East-West Line (EW8) whereas the orange line represent the newly completed Circle Line (CC9). Both line are operated by SMRT Corporation.
Paya Lebar station is strategically located near some important commercial building. One of them is Singapore Post centre Headquarters, City Plaza Shopping Centre, Paya Lebar Industrial Estate, Gelang Serai District and Malay Village. Paya Lebar Area is identified as the new Regional Centre for the South-East Zone, Singapore. Recently, there have been strong investor’s interests in the area especially on the Commercial properties. One of the hottest properties will be the upcoming launch of Paya Lebar Square.
Due to its proximity to the centre, many of the employees there commute by train. It is just south of the urban planning area and the town it serves, Paya Lebar. The station also serves the Geylang Serai district, the popular Geylang Serai Hawker centre, and the Malay Village. Therefore, it usually gets crowded during the Hari Raya period, when Muslims and other visitors flock to the festival bazaar.
* If you have any question pertaining to your existing property related matters, please do not hesitate to call or drop a mail with non-obligated discussion *
Paya Lebar Square Resale & Leasing Team
For Residential clients looking for resale and rental units within the vicinity, please feel free to contact us too.
For Business clients looking for resale and rental units within the vicinity or other sizes, please feel free to contact us too or click here to find your desire industrial listings in any part of Singapore.
Owners and Landlords who wish to list with us, feel free to contact us too.
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