Paya Lebar Square, designed by renowned architectural company DP architects is an exclusive commercial property providing strata-tiled ownership of commercial or office space of varied sizes. This proposed commercial development is expected to include a 10-storey superlative grade office tower over a 3-storey retail podium. In total, there will be 556 office units, and with various sizes ranging around 480-43,000 sq ft. Comprising of about 159 shop units the retail podium is exclusively built house for a mix of beverage & food outlets, retail Specialty shops, anchor spaces for several other uses such as for a food court, banks, supermarket and so on.
Key reasons to invest in a Paya lebar square
Exclusive commercial development – It is exclusive and rare commercial development. With a limited supply, high liquidity, great occupier demand and very low interest rates, the property is worth investing in. Prime Strata-titled commercial space is located in well-developed area, which is yet another big plus.
Excellent Location – Located right above the MRT interchange and along with an amazing frontage Paya Lebar road, the commercial development is easily accessible to many great destinations. The Changi Airport, Central business district, Orchard road shopping outlets are approximately 10 to 20 minutes drive away. This commercial development is well served by various expressways including KPE and PIE and hence, offers exceptional connectivity as well.
Foreigner ownership – There are virtually no any restrictions or limitations on foreign ownership. Transparent and clear acquisition system that governed by vital authorities. Capital gains are also not subjected to regulations on the tax by IRAS.
Exceptional setting – The 10-storey office tower and three-storey retail podium greatly complements one another and the resultant synergy assures a high quality of tremendous work-life balance. The Natural light through ceiling windows to floor is sure to provide bright working space with some units relishing spectacular views of the vivid city skyline. All the units will be offered with a false ceiling, eminent flooring, and double layered stunning sprinkler system.
Environmental sustainability – It is designed amazingly to qualify for Green mark certification. This certification is meant for reduction of probable environment impact whilst building life cycle, construction and enhances the air quality to have a healthy work ambience.
Apart from these, Paya Lebar square proves to be the great and affordable investment option because;
- Strata-titled ownership starts within a million dollars for office space of different sizes.
- In comparison to residential property investments, for commercial properties, bank loans are not subjected to lower loan-to-value range of purchasers who have prevailed terrific housing loans.
- Fascinating end-financing packages are made available to investors.
- Unlike the residential properties, for commercial properties government will not impose a seller’s stamp duty, which is yet another benefit to consider.
Investing in this commercial property can certainly be lucrative. Based nearby the city centre, the project focuses to provide solutions for jobs and businesses closer to residences. Ensure to take a smart decision and invest in excellent commercial property development paya lebar square to relish the many benefits.