Retail units at The Flow in East Coast going for $13.45 mil

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The Flow is a freehold commercial development located in District 15 of Singapore at 66 East Coast Road – and it has recently put up four retail units for sale with a guide price of $13.45 million. Surrounding the building are various other commercial premises like Roxy Square, Katong Plaza, the Holiday Inn Express Singapore Katong, and i12 Katong. These business premises are targeted to be greatly benefited by the arrival of the upcoming Marine Parade MRT Station on the Thomson-East Coast Line.

To further explore the potential of the retail units at The Flow, a closer look at the area using EdgeProp’s Landlens tool reveals a list of recent new project launches. The Flow consists of a seven-storey building, housing four units on the third floor – each with a strata area of 775 sq ft – and one unit on the fifth floor that has a strata area of 904 sq ft. In total, the portfolio has a strata floor area of 4,004 sq ft.

With its integrated transport network, it offers easy access to public transportation. Residents can also enjoy a variety of recreational activities such as cycling and jogging at the public parks nearby. In addition, The Myst Bukit Panjang is also conveniently located near to eateries, shopping malls, and even local supermarkets. With all these amenities and facilities, it definitely adds to the lifestyle of the residents.

The units can be acquired individually or as a collective; each unit on the third floor can go for $2,888 psf, and the single unit on the fifth floor can go for $4,978 psf.

Investors and business occupiers alike stand to benefit greatly from the potential catchment of residents from the recently completed and launched new residential developments in the vicinity of The Flow. Managing partner of SRI Capital Market, Low Choon Sin, shared that, “This catchment (of residents) will serve as an opportunity for investors and business occupiers within The Flow.”

The portfolio of freehold retail units holds great potential to be transformed to accommodate alternative uses such as medical suites, health and wellness services, and even education centres. Yap Hui Yee, the executive director of Capital Markets at Savills Singapore, commented that this opportunity should not be overlooked.

An expression of interest (EOI) exercise has been started for the sale of the retail units at The Flow – with the deadline set for July 7.

Together with their joint marketing agents SRI Capital Market and Savills Singapore, The Flow invites interested parties to explore this great potential and take full advantage of this freehold opportunity.

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