BALESTIER | FREEHOLD MIXED-USE DEVELOPMENT | SA2 APPROVAL OBTAINED
Balestier Shophouse, Balestier / Toa Payoh
S$ 46,000,000
6,811
sqft
S$ 6,753.78
psf
1 km (12 mins) from NS20 Novena MRT Station
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About this property
Shophouse @ Balestier
RARE FREEHOLD MIXED-USE OPPORTUNITY | BALESTIER ROAD
Outline Planning Permission Obtained for SA2
A rare opportunity to acquire a freehold development site along Balestier Road, with Outline Planning Permission obtained for Serviced Apartment (SA2) and a well-defined mixed-use scheme.
Proposed Development
2-Storey Building + 6-Storey Rear Extension + Attic
• Land Area: Approx. 6,811 sqft
• Total GFA: Approx. 20,089 sqft
— Residential / SA2: 16,718 sqft
— Commercial: 3,370 sqft
• Tenure: Freehold
• Zoning: Commercial & Residential
• Plot Ratio: 3.0
• Guide Price: S$46 million
SA2 | 34 Keys
Proposed 12 Serviced Apartment units comprising 34 keys, with a mix of:
• 1-bedroom
• 3-bedroom
• 4-bedroom
• 5-bedroom configurations
Commercial Component
• 2 F&B units
• 3 retail / commercial units
• Reception / lounge
• 4 mechanical carpark lots + 1 carpark lot
Investment Highlights
✓ Freehold tenure
✓ Outline Planning Permission obtained for SA2
✓ Significant 20,089 sqft GFA
✓ Diversified serviced apartment + commercial components
✓ Multiple revenue streams from accommodation, F&B and retail/commercial space
Absd remission subject to approval from authorities.
S$46M | Freehold | SA2 | 34 Keys | Mixed-Use | Balestier Road
An opportunity to secure a substantial freehold mixed-use asset with an approved SA2 concept and significant redevelopment potential.
Outline Planning Permission Obtained for SA2
A rare opportunity to acquire a freehold development site along Balestier Road, with Outline Planning Permission obtained for Serviced Apartment (SA2) and a well-defined mixed-use scheme.
Proposed Development
2-Storey Building + 6-Storey Rear Extension + Attic
• Land Area: Approx. 6,811 sqft
• Total GFA: Approx. 20,089 sqft
— Residential / SA2: 16,718 sqft
— Commercial: 3,370 sqft
• Tenure: Freehold
• Zoning: Commercial & Residential
• Plot Ratio: 3.0
• Guide Price: S$46 million
SA2 | 34 Keys
Proposed 12 Serviced Apartment units comprising 34 keys, with a mix of:
• 1-bedroom
• 3-bedroom
• 4-bedroom
• 5-bedroom configurations
Commercial Component
• 2 F&B units
• 3 retail / commercial units
• Reception / lounge
• 4 mechanical carpark lots + 1 carpark lot
Investment Highlights
✓ Freehold tenure
✓ Outline Planning Permission obtained for SA2
✓ Significant 20,089 sqft GFA
✓ Diversified serviced apartment + commercial components
✓ Multiple revenue streams from accommodation, F&B and retail/commercial space
Absd remission subject to approval from authorities.
S$46M | Freehold | SA2 | 34 Keys | Mixed-Use | Balestier Road
An opportunity to secure a substantial freehold mixed-use asset with an approved SA2 concept and significant redevelopment potential.
Estimated mortgage
Mortgage breakdown
Est. monthly repayment
S$ 0 / mo
S$ 0 Principal
S$ 0 Interest
Upfront costs
Total downpayment
S$ 0
Downpayment
S$ 0 Loan amount at 0% Loan-to-value
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The sale price of this unit at BALESTIER | FREEHOLD MIXED-USE DEVELOPMENT | SA2 APPROVAL OBTAINED is S$ 46,000,000.
Current PSF at BALESTIER | FREEHOLD MIXED-USE DEVELOPMENT | SA2 APPROVAL OBTAINED is about S$ 6,753.78 psf.
The estimated loan repayment is S$ 175,688 / mo.
BALESTIER | FREEHOLD MIXED-USE DEVELOPMENT | SA2 APPROVAL OBTAINED is located at Balestier Shophouse, Balestier / Toa Payoh Balestier / Toa Payoh Balestier / Geylang (D12-14).
BALESTIER | FREEHOLD MIXED-USE DEVELOPMENT | SA2 APPROVAL OBTAINED is a Freehold property.
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