CHEAP! Commercial Freehold Restaurant Approved
S$ 1,130,000
495
sqft
S$ 2,282.83
psf
640 m (8 mins) from NE13 Kovan MRT Station

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About this property
Cheap!! Rare Freehold F&B / Restaurant Unit at Spazio @ Kovan
A rare opportunity to own a FREEHOLD commercial unit with restaurant use in the heart of Kovan. Strategically positioned along busy Upper Serangoon Road with excellent frontage and strong visibility.
Highlights:
* Restaurant use granted for 5 years (renewable, subject to approval)
* Existing tenancy from 2020 to 30 September 2026, (tenant’s option to extend until March 2027)
* Potential for capital appreciation and future rental upside
* Window frontage facing Upper Serangoon Main Road
* Prominent digital billboard/banner advertising opportunities
* Water point installed
* Suitable for F&B, retail, showroom, office and various approved commercial trades (subject to relevant approvals)
* Auspicious corner unit located beside the lift and staircase
Excellent Location
* Between Serangoon MRT and Kovan MRT
* Bus stop directly at the doorstep
* Excellent connectivity via CTE and KPE
* Surrounded by landed homes, condominiums and established HDB estates
* Strong residential catchment with consistent footfall
About Spazio @ Kovan
Completed in 2017, Spazio @ Kovan is a freehold mixed-use development located within the mature Serangoon estate. It enjoys excellent accessibility and serves a large surrounding residential population, making it an attractive location for businesses.
MOTIVATED SELLER. SERIOUS OFFERS ARE WELCOME.
难得永久地契商业单位,坐落于人流旺盛的实龙岗上段大路增值潜力。
物业亮点
* 已获餐饮用途规划许可,有效期5年;届满后可申请续期,惟须获得相关主管部门批准。
* 现有租约自2020年起,至2026年9月30日,并附租客续租选择权至2027年3月。
* 具备资本增值及租金提升潜力。
* 坐落于实龙岗上段大路,拥有宽阔橱窗展示面,曝光率极高。
* 可利用大型广告牌或数码广告屏宣传品牌,进一步提升商业曝光。
* 设有供水点(Water Point)。
* 适合餐饮、零售、展厅、办公室及其他商业用途(须符合相关规定)。
* 位于电梯及楼梯旁,位置优越。
* 永久地契,资产保值能力强。
优越地理位置
* 位于实龙岗地铁站与高文地铁站之间,交通便利。
* 巴士站就在物业门口。
* 快速连接 CTE 及 KPE 高速公路。
* 周边环绕大型私人住宅区、共管公寓及成熟组屋社区。
* 庞大住宅客群,为商户带来稳定消费人流。
关于 Spazio @ Kovan
Spazio @ Kovan 于2017年落成,为永久地契精品综合商业发展项目,坐落于成熟的第19邮区实龙岗。项目交通便利,门口即有巴士站, 靠近实龙岗巴士转换站及实龙岗、高文地铁站,交通便捷。并可轻松连接 CTE 及 KPE,畅达全岛各区。周边汇聚私人住宅、共管公寓及成熟组屋社区,拥有庞大的住宅客群,为商户提供稳定的人流及商业机会。
卖家诚意出售,欢迎认真买家出价洽谈。
Highlights:
* Restaurant use granted for 5 years (renewable, subject to approval)
* Existing tenancy from 2020 to 30 September 2026, (tenant’s option to extend until March 2027)
* Potential for capital appreciation and future rental upside
* Window frontage facing Upper Serangoon Main Road
* Prominent digital billboard/banner advertising opportunities
* Water point installed
* Suitable for F&B, retail, showroom, office and various approved commercial trades (subject to relevant approvals)
* Auspicious corner unit located beside the lift and staircase
Excellent Location
* Between Serangoon MRT and Kovan MRT
* Bus stop directly at the doorstep
* Excellent connectivity via CTE and KPE
* Surrounded by landed homes, condominiums and established HDB estates
* Strong residential catchment with consistent footfall
About Spazio @ Kovan
Completed in 2017, Spazio @ Kovan is a freehold mixed-use development located within the mature Serangoon estate. It enjoys excellent accessibility and serves a large surrounding residential population, making it an attractive location for businesses.
MOTIVATED SELLER. SERIOUS OFFERS ARE WELCOME.
难得永久地契商业单位,坐落于人流旺盛的实龙岗上段大路增值潜力。
物业亮点
* 已获餐饮用途规划许可,有效期5年;届满后可申请续期,惟须获得相关主管部门批准。
* 现有租约自2020年起,至2026年9月30日,并附租客续租选择权至2027年3月。
* 具备资本增值及租金提升潜力。
* 坐落于实龙岗上段大路,拥有宽阔橱窗展示面,曝光率极高。
* 可利用大型广告牌或数码广告屏宣传品牌,进一步提升商业曝光。
* 设有供水点(Water Point)。
* 适合餐饮、零售、展厅、办公室及其他商业用途(须符合相关规定)。
* 位于电梯及楼梯旁,位置优越。
* 永久地契,资产保值能力强。
优越地理位置
* 位于实龙岗地铁站与高文地铁站之间,交通便利。
* 巴士站就在物业门口。
* 快速连接 CTE 及 KPE 高速公路。
* 周边环绕大型私人住宅区、共管公寓及成熟组屋社区。
* 庞大住宅客群,为商户带来稳定消费人流。
关于 Spazio @ Kovan
Spazio @ Kovan 于2017年落成,为永久地契精品综合商业发展项目,坐落于成熟的第19邮区实龙岗。项目交通便利,门口即有巴士站, 靠近实龙岗巴士转换站及实龙岗、高文地铁站,交通便捷。并可轻松连接 CTE 及 KPE,畅达全岛各区。周边汇聚私人住宅、共管公寓及成熟组屋社区,拥有庞大的住宅客群,为商户提供稳定的人流及商业机会。
卖家诚意出售,欢迎认真买家出价洽谈。
Amenities
Air conditioner
Covered car parking
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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Recommendations
FAQs
The sale price of this unit at CHEAP! Commercial Freehold Restaurant Approved is S$ 1,130,000.
Current PSF at CHEAP! Commercial Freehold Restaurant Approved is about S$ 2,282.83 psf.
The estimated loan repayment is S$ 4,315 / mo.
CHEAP! Commercial Freehold Restaurant Approved is located at Hougang / Punggol / Sengkang Serangoon / Thomson (D19-20).
Floor size of this unit at CHEAP! Commercial Freehold Restaurant Approved is 495 sqft.
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