Five strata-titled F&B and childcare centre units for sale at The Hilford from $2,300 psf
CBRE has exclusive marketing rights at The Hillford, with five commercial units offered for sale. Three of these, approved for F&B use, range in size from 592 to 678 sq ft. The final two units have permanent approvals for either a childcare centre or a clinic.The Hillford, located along Jalan Jurong Kechil, is a mixed-use development with 281 residential units spanning from the second to the seventh floors. Developed by Aspial Corp and completed in 2017, it benefits from a ready catchment of affluent residential neighbourhoods at Beauty World and Hillview.The property has a 60-year lease with 50 years left, and the last shop unit transaction was for a 312 sq ft unit sold in May 2020 for $2,697 psf. All the units are available for sale individually or the entire portfolio, with a total strata area of 5,124 sq ft, can be purchased via expression of interest for $12.3 million ($2,400 psf).The Hillford is an attractive investment opportunity with the available units offering F&B, childcare centre and clinic uses. Interested buyers can take advantage of the lower prices starting from $1.2 million for a 538 sq ft unit ($2,230 psf) to purchase before November 15.The Hillford offers potential investors an attractive opportunity, with units approved for sale individually from as low as $1.2 million for a 538 sq ft unit ($2,230 psf). The entire portfolio of five units, with total strata area of 5,124 sq ft, is also available for purchase via expression of interest for a pricetag of $12.3 million ($2,400 psf).
The Hillford is a mixed-use development located along Jalan Jurong Kechil that offers investors attractive opportunities. Developed by Aspial Corp and completed in 2017, the property has 281 residential units spanning from the second to the seventh floors and 18 strata-titled shop units on the ground floor.
The appliances are air-conditioners, refrigerators, washing machines, dishwashers and other home appliances. The air-conditioners are equipped with energy efficient motors and high-efficiency fans, while the refrigerators have an adjustable thermostat to help maintain the temperature. Washing machines and dishwashers come in efficient models that require very little energy. These appliances help make life more comfortable and save energy.
These shop units have been offered for sale individually, with prices starting from $1.2 million for a 538 sq ft unit or $2,230 psf. Three of these units, which have been approved for F&B use, measure from 592 sq ft to 678 sq ft. The final two units, a 2,713 sq ft unit and a 583 sq ft unit, have permanent approvals for either a childcare centre or a clinic.
The Hillford’s 60-year lease means it has a remaining 50 years and the last shop unit transaction was for a 312 sq ft unit sold in May 2020 for $2,697 psf. CBRE is the exclusive marketing agent for the whole portfolio, which is also available for sale. The total strata area of 5,124 sq ft is available for purchase via expression of interest for $12.3 million ($2,400 psf).
Its initial launch saw all the residential units snapped up in a single day for an average price of $1,104 psf. With its ready catchment of affluent residential neighbourhoods at Beauty World and Hillview, The Hillford provides a lucrative investment opportunity for potential buyers. The expression of interest closes on November 15, offering a limited window for buyers to take advantage of the lower prices.