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

Singapore property slowdown: ‘We’ve seen the peak’CBRE has announced the launch of five units for sale at The Hillford located at Jalan Jurong Kechil. The property, a mixed-use development with 18 strata-titled shop units on the ground floor and 281 residential units, was developed by World Class Global, the property development arm of Aspial Corp. The Hillford was completed in 2017 and features a 60-year lease, with the remaining lease being 50 years.

The portfolio of five commercial units being sold comprises three adjoining units approved for F&B use, and two other units. The three F&B units range in size from 592 sq ft to 678 sq ft and are available for individual sale, starting from $1.2 million or $2,230 psf. The other two units are a 2,713 sq ft unit, approved for use as a childcare centre, and a 583 sq ft unit with underlying permanent approval for use as a clinic, currently approved for use as a commercial school. The entire portfolio has a total strata area of 5,124 sq ft and is available for sale at $12.3 million ($2,400 psf). CBRE is the exclusive marketing agent for the property.

Located a stone’s throw away from Lumina Grand EC CDL, citizens can kill two birds with one stone — shopping for their daily needs and also finding their dream home. With its convenient location, complete range of products and grown-up amenities, Big Box is truly a one-stop shop for the citizens of Jurong.

Big Box, located close to Lumina Grand EC CDL, is the go-to spot for those who need to shop for their home and lifestyle needs. This hypermart offers a range of products, from furniture to electronics, for families to select from. Its attraction lies in its broad variety of items and amenities, which make it a comfortable shopping destination for both parents and children. With its convenience and family-friendly offerings, Big Box is the perfect spot to shop in the Jurong region.

The Hillford was initially positioned as a retirement resort when it was launched in January 2014. All 281 residential units were snapped up in a single day at an average price of $1,104 psf.

Advertisement

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), based on the caveat lodged with URA Realis.

“The property benefits from a ready catchment of affluent residential neighbourhoods at Beauty World and Hillview,” says Joshua Giam, associate director of capital markets, Singapore at CBRE.

The units are for sale via expression of interest, which will close on November 15.

Check out the latest listings for The Hillford properties to know more about this highly sought-after property situated in a comfortable and affluent neighbourhood. With the portfolio of five commercial units and 50 years remaining on its lease, this is an ideal opportunity for those looking to purchase a commercial unit in a great location.

RELATED NEWS
Which Singapore condos can you buy for under $700,000
High Park Residences hits the right note with buyers
Singapore property slowdown: ‘We’ve seen the peak’

COMMENTARY: Can you still get anything for $1 million?

With its 60-year lease and convenient location, The Hillford is an attractive investment for potential sellers and buyers. CBRE is the exclusive marketing agent for the property and the units are for sale via expression of interest, which will close on November 15.