East Village for Sale

EAST VILLAGE for Sale (Freehold Retail Space)

East Village for Sale – Investment Highlights:

☆ Tenure for East Village Retail Shop: Freehold

☆ Size: 226 sqft

☆ Selling with tenancy which means an immediate rental income yield upon making the purchase

☆ Buying a retail shop will not incur any ABSD or SSD for buyers, retail space can be purchased under a company or by a foreigner

☆ Suitable for all types of retail trades like beauty, fashion and clothing, health products, house plants, salons, takeaway food shops (no cooking allowed)

East Village for Sale – Amenities:

☆ East Village shopping mall comes with an anchor tenant, HAO Supermarket that helps to draw in the human traffic

☆ The retail shops at East Village enjoy a decent walk-in crowds especially during the evenings and over the weekends

☆ East Village shopping mall is nestled within the landed enclave in the vicinity, and supported by residents living in the east area.

☆ East Village shopping mall is closely located near Simpang Bedok, a popular eatery and hang-out venue in the eastern region.

☆ East Village Shopping mall is within 10 minutes walking distance to Tanah Merah MRT, and also within 1km to Simei MRT Station & Bedok Reservoir MRT Station
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East Village for Sale (About East Village)

EAST VILLAGE is a low-rise mixed development comprising of commercial and residential elements completed in 2014. There are 108 commercial retail shops on the 1st floor while the 2nd, 3rd and 4th levels comprise of some 90 residential units. East Village mixed development covers a wide land area of 77,264 sqft and a gross floor area of 50,688 sqft.

East Village is located along Upper Changi Road in Bedok, in District 16. It is accessible through the nearest MRTs including Tanah Merah EW4 and Simei EW3. Other nearby amenities include Childcare Centres and Groceries: Hao Supermarket, NTUC FairPrice, and Kindergartens: Chatsworth Kindergarten (Bedok), Ripples Montessori Kindergarten, PCF Sparkletots Preschool, and 2 Shopping Malls: Bedok Market Place Complex and Bedok Shopping Complex.

The retail mall shops at East Village comprise of a diversity and dynamic mix such as hair salons, pedicures/manicures, ear candling/waxing, fashion clothing, interior design, supermarket, candy shop, dine-in eateries, and takeaway food shops.

The residential units contain a broad range of built-up space. East Village condo comes with one bedroom and one bathroom or two bedrooms with one bathroom. Bigger size residential condo 2 bedrooms with 2 bathrooms units come with sizes ranging from 1,200 sqft, 3 bedrooms with two bathrooms typically range from 1,600 sqft.

Based on transaction data in the last 12 months, the highest recent recorded transaction was S$ 3,417 psf in Dec 2021 for a 151 sqft retail shop unit.
Buyers and tenants are attracted to District 16, which comprises of Bedok and Upper East Coast Road. Properties in this district contain a mixture of public and private housing estates with industrial areas. This district is served by the Bedok, Tanah Merah and Kembangan MRT stations on the East-West Line and the Bedok North MRT and Bedok Reservoir MRT stations of the Downtown Line.

Bedok is one of the most highly populated planning areas in Singapore due to the affordable public housing in the town. It is a modern neighborhood with easy accessibility to natural landmarks, such as the Bedok Reservoir. The Outdoor Play Corridor completed in 2018 will also link Bedok Reservoir to East Coast Park via dedicated cycling and pedestrian paths. Shopping and dining options are available at Bedok Mall, a major shopping mall in the heart of Bedok. It is connected to Bedok Integrated Transport Hub, which houses Bedok MRT station and bus interchange.
With a land area of 11,000 ha, the East Region is the smallest and second most densely populated of the five regions in Singapore. The region is a key aviation hub, housing the Paya Lebar Air Base and Changi Naval Base.