956 Year Leasehold, Leasehold $3,800 PSF - Commercial (Retail), Condo / Apartment, Duplex, Mixed Development
NEWest Commercial (Singapore, West Coast)
If you are looking for a commercial space to set up your shop in the most happening place in Singapore, then there is no better choice than the NEWest commercial property on the West Coast in Singapore. This hot commercial property new launch is located on 1 West Coast Drive in district D05. It is very close to the Clementi MRT station and is a prime place to shop or to rent or buy shophouse. If you wish to buy a shophouse in this commercial property, then you will have to take it for a 999 year lease period. The entire area of the NEWest property is spread across 262,877 sqft and it has about 12 storeys. The commercial floor starts in the level one and the residential units from the 2nd floor.
Location of NEWest
The NEWest commercial property is located in a prime location in West Coast that is easily accessible by roads and expressways. The nearby expressways are: Ayer Rajah Expressway, West Coast Highway and Pan Island Expressway. It is just 10 minutes walking distance from Clementi MRT station and four minutes drive to Jurong East MRT. The property is also very close to national parks like: Kent Ridge, Clementi Woods and Telok Blangah. This property is the one and only mixed development that you will come across on the West Coast and getting around the island will not be a problem at all. If you have a diverse range of products to sell, then NEWest is the right place to set shop. This mixed development property is close to hospitals, business parks, schools, colleges and other shopping malls.
Breakdown of Units
If you have plans to own a shop in NEWest commercial property, then you have spaces for restaurants, food kiosk, supermarket or retail shops. The retail shops are offered from 269 to 840 sqft and the food kiosk is offered for 161 to 624 sqft. If you would like to set up a restaurant in this commercial property, then the allotted space for the same is from 646 to 893 sqft.
Residential (FULLY SOLD)
NEWest, a spectacular mix development of residential and commercial from open 3-storey houses (Triplex) to roomy flats and exquisite penthouses and of cause the retail shop, restaurants and kiosk. This exclusive residential development comes with the convenience of complete retail services at your doorstep to meet your daily needs. The development have total condominium facilities like gymnasium and a pool and BBQ area.
Reasons Why You Should Invest in NEWest
The following are some of the best features offered by NEWest that drives more and more people invest on shops in this prime commercial property.
- Easy access to PIE, AYE and CTE expressways
- Human traffic is very high with residential area above the shop floor area as well as fro many established condominiums surrounding this prime property.
- Rental demand is very high for this property and you can buy and let out your shop for rent to others.
- Excellent Real Estate Investment
- Respected and reputable developer with vast experience and the use of quality materials and skilled workmanship to complete the job.
- Very close to popular national parks.
- 956 year leasehold
- Basement parking for 237 cars
|Address||1 – 3 West Coast Drive|
|Developer||Oxley Viva Pte. Ltd|
|Tenure||956 Years Leasehold w.e.f 27 May 1928|
|Plot Size||Approx. 15,297.90 sqm / 164,666.60 sqft|
|Estimated T.O.P||31 December 2017|
|Restaurants||474 – 872 sqft||44 Units|
|Kiosks||151 – 624 sqft||31 Units|
|Shops||269 – 829 sqft||65 Units|
|Supermarket||3477 sqft||1 Unit|
The commercial property of Newest on West Coast offers 44 restaurants, 31 food kiosks, 65 retail stores and one supermarket. It is a one stop place for all the shopping needs of the people and you can earn handsomely by setting up your shop here.