Rare Freehold Hospitality Asset – Novena. City-Fringe Vicinity for Sale

Balestier / Toa Payoh

S$ 35,000,000

Negotiable

sqft

12,000

sqft

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S$ 2,916.67

psf


1.3 km (16 mins) from NS19 Toa Payoh MRT Station


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Property details

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Other Retail for sale
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Fully fitted
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Freehold tenure
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Listed on 27 Aug 2026
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Listing ID - 500246217
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12,000 sqft floor area

About this property

Rare undervalued freehold hospitality asset in prime location.

1. Rare Freehold Hospitality Asset – Scarce opportunity to acquire a freehold hospitality property in Singapore.
2. Potentially Undervalued Opportunity – Attractive entry point with potential value upside for investors who recognise the underlying real estate value.
3. Attractive Price Positioning – Compelling investment quantum relative to comparable hospitality and city-fringe real estate opportunities.
4. Operational Hospitality Asset – Existing hospitality use offers an incoming investor an established platform from day one.
5. Strategic City-Fringe Location – Conveniently positioned with easy accessibility to the CBD and major commercial districts.
6. Strong Underlying Land Value – Freehold tenure provides long-term land ownership and protection against lease decay.
7. Asset Enhancement Potential – Scope to explore refurbishment, repositioning, rebranding and other value-creation strategies, subject to approvals.
8. Multiple Investment Strategies – Suitable for investors considering income generation, longer-term capital appreciation or active asset management.
9. Difficult-to-Replicate Asset – Rising land, construction and development costs make existing freehold hospitality assets increasingly difficult to reproduce.
10. Rare Discreet Opportunity – Suitable for family offices, hospitality groups, private investors and institutional buyers seeking an under-the-radar acquisition.

Please contact Ray at 9.0.6.7.8.0.4.2. for viewing
Amenities
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Air conditioner

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Car parking outside

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Fire extinguisher

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Smoke alarm

Common facilities
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24 hours security

Estimated mortgage
Mortgage breakdown
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S$ 0 Principal
S$ 0 Interest
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Total downpayment
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S$ 0 Loan amount at 0% Loan-to-value

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FAQs

The sale price of this unit at Rare Freehold Hospitality Asset – Novena. City-Fringe Vicinity for Sale is S$ 35,000,000.
Current PSF at Rare Freehold Hospitality Asset – Novena. City-Fringe Vicinity for Sale is about S$ 2,916.67 psf.
The estimated loan repayment is S$ 133,676 / mo.
Rare Freehold Hospitality Asset – Novena. City-Fringe Vicinity for Sale is located at Balestier / Toa Payoh Balestier / Toa Payoh Balestier / Geylang (D12-14).
Floor size of this unit at Rare Freehold Hospitality Asset – Novena. City-Fringe Vicinity for Sale is 12,000 sqft.