A portfolio of 22 freehold retail and F&B units at Hexacube in Changi Road is Available Through an Expression of Interest (EOI) exercise, Collectively marketed by Savills Singapore and CBRE Singapore.
One-North Eden location is set to be appealing to customers due to its excellent location providing residents with quick access to amenities of all kinds.
The indicative guide cost of $43.8 million, or roughly $3,252 psf. The joint strata region of the 22 units throughout the cellar, ground floor and second floor, steps around 13,466 sq ft. Of this, 3,025 sq feet is qualified for F&B usage.
Hexacube is a freehold corner growth using a 70-metre double frontage along Changi Road and Lorong 105 Changi. The property is accepted as Company with no extra purchaser’s stamp duty or vendor’s stamp duty levied.
The land will benefit from greater pedestrian traffic circulation by 2022 together with the conclusion of neighboring 1,399-unit Parc Esta, that will boost demand for retail companies in Hexacube, states Galven Tan, deputy managing director at Savills Singapore.
Michael Tay, head of capital markets in CBRE Singapore, states,”At $3,253 per sq feet, the units are considered cheap awarded its freehold tenure and strategic place in the city fringe.”
“The purchaser can obtain the components separately or together,” he adds.