Five strata-titled F&B and childcare centre units for sale at The Hilford from $2,300 psf

Hillford on Jalan Jurong Kechil is offering five commercial units for sale. One of these units, a 2,713 sq ft unit is approved for use as a childcare centre. CBRE is the exclusive marketing agent.The entire portfolio has a total strata area of 5,124 sq ft and is available for sale at $12.3 million ($2,400 psf). The units are also separately available, starting from $1.2 million for a 538 sq ft unit or $2,230 psf. Developed by World Class Global, The Hillford was completed in 2017.The Hillford has 18 strata-titled shop units and 281 residential units spanning the second to the seventh floors. When it was launched in January 2014, all 281 residential units sold out in one day for an average price of $1,104 psf. With a 60-year lease, the remaining lease of the property is 50 years.The Hillford property benefits from a ready catchment of affluent residential neighbourhoods at Beauty World and Hillview. A 312 sq ft unit was sold in May last year for $2,697 psf or $842,000. The units are available via expression of interest which will close on November 15.

The Hillford on Jalan Jurong Kechil is offering five commercial units for sale, varying in size from 538 sq ft to 2,713 sq ft. Three of the five units have been approved for F&B use, while another is approved for use as a childcare centre. The last unit has an underlying permanent approval for use as a clinic, but is currently approved for use as a commercial school.

CBRE is the exclusive marketing agent for the property. The portfolio has a total strata area of 5,124 sq ft and is on offer at $12.3 million ($2,400 psf). Alternatively, the units can be purchased individually – with prices starting from $1.2 million for a 538 sq ft unit or $2,230 psf.

Developed by World Class Global, The Hillford was completed in 2017. It consists of 18 strata-titled shop units on the ground floor and 281 residential units spanning the second to the seventh floors. Its 60-year lease commenced in February 2013, leaving the property with a remaining lease of 50 years.

Located close to Pasir Ris Park, recreational spots and the Changi Business Park, Tampines Ave 11 Condo Capitaland provides a serene yet bustling environment for families to live in. For those looking forward to a good quality of life, the area also offers access to renowned schools such as St. Hilda’s Primary and Secondary School and Temasek Polytechnic. Residents also get to use the Tampines Central Bus Interchange and Tampines West MRT Station to get to other parts of Singapore quickly and conveniently.

The Hillford was initially designed as a retirement resort, and when it was launched in January 2014, it was met with huge success – all 281 residential units sold out in one day, with an average price of $1,104 psf.

The property benefits from a ready catchment of affluent residential neighbourhoods at Beauty World and Hillview. This was evidenced in the last transaction of a shop unit in May last year, when a 312 sq ft unit changed hands for $842,000 ($2,697 psf) according to URA Realis.

Joshua Giam, Associate Director of Capital Markets, Singapore at CBRE, commented on the property’s ongoing success: “The property benefits from a ready catchment of affluent residential neighbourhoods at Beauty World and Hillview.”

The units at The Hillford are available for sale via expression of interest, closing on 15 November.