The Venue Shoppes

2 Tai Thong Crescent, Singapore, 347836, SG

Description

The Venue Shoppes a portfolio of 11 prime ground floor retail units forming an integral part of a mixed-use development, which includes The Venue Residences (266 residential units), 28 ground floor retail units and a 3-level basement car park.

Nestled in an established locality, the retail units are strategically positioned to serve a sizeable catchment from the immediate and nearby residential and office population.

Foreigners and entities are eligible to purchase the assets and there is no Additional Buyer's Stamp Duty (ABSD) or Seller's Stamp Duty (SSD) applicable.

The units range from 614 to 3,724 sqft with indicative prices staring from SGD 2.46 million.

The portfolio is available for sale via private treaty.

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Attributes

Year built

2017

Total Strata Area for Sale

9,537 sqft

No. of Retail Units for Sale

Media

Investment Highlights

Rare opportunity to acquire retail units forming part of a mixed-use development comprising a 28-unit ground floor retail podium, 266 residential units and a basement carpark with 3 levels
Suburban retail assets remain highly desirable, due to changing consumer preferences and increase in flexible work-from-home arrangements
Strong retail catchment surrounded by a large and growing residential and office population from the adjacent housing and industrial estates of Potong Pasir, MacPherson, Aljunied, Paya Lebar, Tai Seng, Ubi and Kallang Way
10 out of the 11 retail units are approved for “Restaurant” use, with the necessary exhaust, plumbing, sanitary and gas provisions
Located within a 3-minute walk to Potong Pasir (North-East Line) MRT Station