Freehold $1,996,000 - Commercial (Office), Commercial (Retail), Mixed Development
ARC 380 is a tremendous 16 storeys freehold mixed development new launch commercial building. This prominent development is expected to be completed in 2018. ARC 380 comprises of 144 offices along with 23 commercial units. The commercial units include restaurants and shops to serve the growing needs of this location and of course the needs of the compound. This highly anticipated new property launch is located in the Prime Location of Singapore’s District 12 near the upcoming Bendemeer MRT station. It is also situated in between the 2 nearest MRT stations – Lavender and Bugis MRT. ARC 380 is the former famous Lavender food centre, a project by the renowned developer Tong Eng Group. This new launch offers the elegant facilities and landscape sky terrace that has made it a prominent land mark in Jalan Besar. The location of ARC 380 is really prominent and within the close proximity you will find Marina Bay, Paya Lebar Commercial Hub and Central Business district and the Royal Square Medical Hub at Novena. These made this commercial building legitimate investment opportunity. Other high potential upside of the district that boosted up the investment opportunity is several MRT stations, expressways, superior traffic system and other commercial development near this commercial hub. In short, ARC 380 is a rare combination of elegance and everything that matters in secure investment.
ARC 380 – Design
Prestigious Building: Aristocracy is a prominent requirement of business success and this is why this building is designed to symbolize luxury in an advanced manner. This is why numerous corporate offices are going to love this place to reflect their class through ARC 380. The architect symbolises elegance through its elevated position and entrusted exterior. The office tower has a curved exterior to allow panoramic view from each office unit, in order to maintain the quality and class. The building is in a landmark area and it is designed in that manner. Through its prestigious design, it will surely attract corporate people and thus it is going to offer tremendous business opportunity to the investors.
ARC 380 – Location
Accessibility: Accessibility is another prime consideration while it is a concern of commercial development. ARC 380 is designed considering this consideration you will find every possible transportation means here. Farrer Park MRT, Boon Keng MRT, Lavender MRT is the three closest MRT stations of this development. With such an excellent location, travelling is going to be convenient. The upcoming MRT, Bendemeer MRT, is going to boost up accessibility of this new launch into an advance level. Nearby Expressways and Major roads like CTE, PIE, KPE, Bendemeer Road, Serangoon Road connects this building to different parts of the city. In short, connectivity is not a problem here and your investment is secured on ARC 380 because of this superior connectivity.
Prime location: The location of the ARC 380 is another great advantage. Being position at the junction of Jalan Besar and Lavender Street, it is bestowed with most vehicular and human traffic of the city. This is indeed an investment security. Prime location like Marina Bay, Paya Lebar Commercial Hub, Central Business district, Kallang Avenue Industrial Estate, Health City Novena, Marina bay and other significant locations are in the close vicinity and thus the potential prices of this building will be multiplied.
Freehold Commercial building: This is a Rare freehold business space in Singapore. The majority of the commercial developments of Singapore, whether business or private, are 99 years leasehold or shorter. This in turn, makes ARC 380 a must buy property in Singapore.
ARC 380 – Facts:
|Developer||Prominent Site Pte Ltd/ Prominent Plaza Investments Pte Ltd (Associated to the Tong Eng Group of Companies)|
|Vendor||Prominent Site Pte Ltd|
|General Description||16 Storey Commercial Development Comprising a 12 Storey Office Tower & a 4 Storey Podium of Retail, Car Park and Sky Terrace|
|Location||380 Jalan Besar|
|Expected T.O.P.||31 December 2018|
|Expected Legal Completion||31 December 2021|
|Total No. of Units||144 office units & 23 (15 Restaurant and 8 Shop) Retail Units|
|Car Park||Podium Parking (2nd – 4th storey)|
|No. of Car Park Lots||82 (Including 2 handicap Lots)|
|Season Car Parking||MCST to advise|
|Visitor's Car Parking||Hourly Parking Rate Apply|
Want to know how is ARC 380 the best buy for commercial? Let’s look at what and how many developments are in the vicinity that will surely boost up the Value. First, we look at the commercial new launch around:
Mix Development of Residential and Commercial
- 28 RC Suites (mixed development)
- The Citron and The Citron Residences (mixed development)
- Ascent @ 456 (mixed development)
- Marina One Residences (mixed development)
- Kallang Riverside (mixed development)
Mix Development of Commercial and Office
New Property Launch (Residential only)
ARC 380 – Conclusion
Looking at the comparison what does it tell you about ARC 380? It is definitely in the heart of Singapore. With only 1 similar development, Hexacube which is at Changi Road, Eunos. The rest will simply boost up the whole nearby area on the Upside Potential Growth. Don’t you agree?