The Commerze @ Irving

1 Irving Place, Macpherson / Potong Pasir

S$ 1,288,000

Negotiable

sqft

506

sqft

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S$ 2,545.45

psf


250 m (3 mins) from CC11 Tai Seng MRT Station


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Property details

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Light Industrial (B1) for sale
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Bare
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60-year lease
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Listed on 28 Aug 2026
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Listing ID - 500247333
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506 sqft floor area

About this property

Ground Floor Retail F&B, Low Quantum, Immediate Rental Income

The unit is approximately 506 sqft and sits within a B1 light industrial development with retail and F&B uses. Being on Level 1 gives the unit better accessibility and visibility compared to upper-floor commercial spaces.

Currently tenanted at $4,600/month until 14 November 2028, providing the next owner with immediate rental income and more than two years of tenancy visibility.

Key Highlights:

506 sqft
Ground-floor F&B unit
Asking $1.288M, negotiable
Current rent: $4,600/month
Approx. 4.28% gross rental yield
Tenancy until 14 Nov 2028
60-year lease with approximately 46 years remaining
3-phase electricity
Low entry quantum for a ground-floor commercial unit
Convenient access to Tai Seng MRT, with Bartley and MacPherson nearby
Good connectivity to major roads and expressways

Suitable for investors looking for a tenanted commercial property with immediate cash flow.

Contact us today to arrange an exclusive viewing or for the full investment figures.
Amenities
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Air conditioner

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Covered car parking

Common facilities
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Car park

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Gymnasium room

Estimated mortgage
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The Commerze @ Irving

Project Image

The Commerze @ Irving is a 60-year Leasehold commercial property located at 1, Irving Place, 369546 in District 13. The Commerze @ Irving is primarily used for Light Industrial (B1) space rent and sale. The Commerze @ Irving is close to Tai Seng MRT Station (CC11), Bartley MRT Station (CC12) and MacPherson MRT Station (CC10). It is near to several bus stops located after Diamond Industrial Building – 70281, at Asiawide Industrial Building – 70291 and opposite Asiawide Industrial Building – 70299. Amenities near The Commerze @ Irving The Commerze @ Irving is near to several eateries located at nearby buildings such as LC Food Centre at Trivex and Golden 88 Cafeteria at 107 Upper Paya Lebar Road. The Commerze @ Irving is within reasonable distance to Prime Supermarket. It is also close to Upper Serangoon Shopping Centre for an array of amenities such as grocery and retail shopping, banks and more. The Commerze @ Irving is accessible via Upper Paya Lebar Road, MacPherson Road and Bartley Road East.

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FAQs

The sale price of this unit at The Commerze @ Irving is S$ 1,288,000.
Current PSF at The Commerze @ Irving is about S$ 2,545.45 psf.
The estimated loan repayment is S$ 4,919 / mo.
The Commerze @ Irving is located at 1 Irving Place, Macpherson / Potong Pasir Macpherson / Potong Pasir Balestier / Geylang (D12-14).
Floor size of this unit at The Commerze @ Irving is 506 sqft.