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Please provide a project summary for CT Hub 2 (commercial)
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Here is a summary of CT HUB 2:
Postal Code: 338729
Street Name: Lavender Street
District/Planning Area: D12 / Kallang
Tenure: 99 Yrs From 14/01/1976, 63 Yrs From 12/01/2012, 63 yrs from 12/01/2012 ETC
Completion: 2015
Est. Land Size: 756 sqm
GFA: 2,772 sqm
Master Plan Plot Ratio: 3.0
Property Type: Factory (All Types) / Shop / Office / Shop House
*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: 338729
Street Name: Lavender Street
District/Planning Area: D12 / Kallang
Tenure: 99 Yrs From 14/01/1976, 63 Yrs From 12/01/2012, 63 yrs from 12/01/2012 ETC
Completion: 2015
Est. Land Size: 756 sqm
GFA: 2,772 sqm
Master Plan Plot Ratio: 3.0
Property Type: Factory (All Types) / Shop / Office / Shop House
Indicative Price Range / Average*:
Factory (All Types): $702 - $1,460 psf / $1,206 psf
Office: $1,700 - $1,700 psf / $1,700 psf
Shop: $2,410 - $2,791 psf / $2,601 psf
Office: $1,700 - $1,700 psf / $1,700 psf
Shop: $2,410 - $2,791 psf / $2,601 psf
Indicative Rental Range / Average**:
Factory (All Types): $4.8 - $4.8 psf pm / $4.8 psf pm
Office: $5.4 - $5.4 psf pm / $5.4 psf pm
Shop: $10.5 - $10.5 psf pm / $10.5 psf pm
Office: $5.4 - $5.4 psf pm / $5.4 psf pm
Shop: $10.5 - $10.5 psf pm / $10.5 psf pm
Implied Rental Yield**:
Factory (All Types): 4.7%
Office: 3.8%
Shop: 4.8%
Office: 3.8%
Shop: 4.8%
*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