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Can you provide the project summary for the commerze@irving (industrial)
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Here is a summary of THE COMMERZE@IRVING:
Postal Code: 369546
Street Name: Irving Place
District/Planning Area: D13 / Toa Payoh
Tenure: 60 Yrs From 26/09/2011
Completion: 2013
Est. Land Size: 3,353 sqm
GFA: 1,191 sqm
Master Plan Plot Ratio: 3.5
Property Type: Shop / Factory (All Types) / Office
*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction
**Based on URA rental data in the last 12 months. Otherwise, based on latest transaction
Postal Code: 369546
Street Name: Irving Place
District/Planning Area: D13 / Toa Payoh
Tenure: 60 Yrs From 26/09/2011
Completion: 2013
Est. Land Size: 3,353 sqm
GFA: 1,191 sqm
Master Plan Plot Ratio: 3.5
Property Type: Shop / Factory (All Types) / Office
Indicative Price Range / Average*:
Factory (All Types): $654 - $736 psf / $703 psf
Office: $1,498 - $1,498 psf / $1,498 psf
Shop: $1,208 - $1,616 psf / $1,390 psf
Office: $1,498 - $1,498 psf / $1,498 psf
Shop: $1,208 - $1,616 psf / $1,390 psf
Indicative Rental Range / Average**:
Factory (All Types): $2.5 - $2.5 psf pm / $2.5 psf pm
Office: $2.8 - $2.8 psf pm / $2.8 psf pm
Shop: $5.7 - $5.7 psf pm / $5.7 psf pm
Office: $2.8 - $2.8 psf pm / $2.8 psf pm
Shop: $5.7 - $5.7 psf pm / $5.7 psf pm
Implied Rental Yield**:
Factory (All Types): 4.3%
Office: 2.3%
Shop: 4.9%
Office: 2.3%
Shop: 4.9%
*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction
**Based on URA rental data in the last 12 months. Otherwise, based on latest transaction