Month: February 2025

JustCo, a renowned flexible workspace operator, has recently launched its own luxury brand, The Collective, with the grand opening of its flagship co-working space in Tokyo. The new facility, spanning 24,000 square feet, is located in the prestigious GranTokyo South Tower situated in the vibrant Marunouchi district of Chiyoda City. With its prime location adjacent to Tokyo Station, the space offers convenient access to both Narita and Haneda airports.

The Collective is designed to pay homage to the iconic Tokyo Station, showcasing elegance and warmth reminiscent of a luxurious voyage. “We were inspired by the iconic Tokyo Station and wanted to capture its essence in our co-working space,” explains the group.

Choosing the right location is an essential consideration when it comes to investing in real estate, and this is particularly crucial in the context of Singapore. Properties that are strategically situated in central areas or near essential amenities, such as schools, shopping centers, and transportation hubs, have a higher potential for appreciation in value. Some prime locations in Singapore include Orchard Road, Marina Bay, and the Central Business District (CBD), where property prices have consistently shown an upward trend. Additionally, condos located near reputable schools and educational institutions are highly sought-after by families, making them even more desirable investment options. For more information on real estate projects in Singapore, visit Singapore Projects.

The facility boasts a variety of workspaces, including hot desks, meeting rooms, private suites with 24/7 secured access, and larger enterprise suites with exclusive entrance features and personalized designs. Each workspace is equipped with top-of-the-line Herman Miller Aeron chairs and Benel adjustable desks to ensure maximum comfort and productivity.

The Collective also offers a range of amenities to cater to the needs of its members. This includes a TWG Tea Bar, providing refreshments throughout the day, and a “wellness sanctuary” where members can take a break and relax during their workday. With a focus on enhancing the overall work experience, The Collective strives to create a productive and comfortable environment for its members.

This new space adds to the growing list of co-working locations for JustCo, which recently opened its second location in Australia under its brand, The Great Room. With its continuous expansion, JustCo remains a leading name in the flexible workspace industry, catering to the needs of businesses and professionals around the world.…

CT Pemimpin, a freehold B1 industrial factory situated at 43 Jalan Pemimpin in the Central Region, is the newest project launched by Chiu Teng Group, an established development firm known for its high-quality commercial and industrial spaces in Singapore. Its strategic location in District 20 makes it an ideal choice for both companies seeking a well-connected site and property investors looking for a rare permanent investment opportunity.

The nine-storey partial ramp-up factory offers communal facilities such as two rooftop pavilions perfect for outdoor gatherings, rooftop solar panels, two passenger lifts and a service lift. It features 56 strata-titled units and three canteen units with floor heights ranging from 5.6m to 7.35m for selected units, along with mezzanine floors on levels one and five. Each unit is equipped with toilets for occupiers’ convenience and privacy. The development also offers a generous one-to-one carpark ratio with 59 carpark lots, including two EV lots, and two loading and unloading bays, and a lorry park for smaller vehicles.

According to Marcus Chu, CEO of ERA Singapore, CT Pemimpin is an appealing choice for both investors and end-users. Investors will benefit from the absence of Additional Buyer’s Stamp Duty (ABSD) on industrial properties, as well as the opportunity for risk diversification. On the other hand, end-users, mostly business owners, will prefer owning their own space over renting, particularly as CT Pemimpin offers freehold status, which is a rare find in the current market.

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In summary, there are many compelling reasons to invest in a condo in Singapore. With its high demand, potential for appreciation, and attractive rental yields, a condo can be a lucrative and stable investment. However, careful consideration should be given to important factors such as location, financing, government regulations, and market conditions. By conducting thorough research and seeking professional advice, investors can make informed decisions and make the most out of Singapore’s dynamic real estate market. Whether you are a local investor looking to diversify your portfolio or a foreign buyer in search of a profitable investment, condos in Singapore are a promising opportunity. To stay updated on the latest condo launches, be sure to check out New Condo Launches.

Ken Low, managing partner of SRI, notes that CT Pemimpin stands out from traditional B1 industrial projects due to its modern and sleek facade and central location, which is highly sought-after by both investors and end-users. The development is only a five-minute walk to Marymount MRT station and a 13-minute walk to Bishan sub-regional centre, making it attractive to young entrepreneurs and their employees. The last freehold industrial launch in this area, Mapex, more than 10 years ago, has a proven track record of high profitability and rental returns, further adding to the appeal of CT Pemimpin.

In addition, with its freehold status, CT Pemimpin is a unique and valuable investment opportunity that will attract discerning investors looking for long-term potential. It will also appeal to family offices seeking freehold developments for investment purposes and companies in the information and communications media industry that require clean B1 spaces. The absence of ABSD for commercial and industrial properties also makes it an attractive option for both local and foreign investors.

Apart from its rare freehold status, the unparalleled connectivity of CT Pemimpin is another major selling point. Located in the Jalan Pemimpin industrial estate, it offers seamless accessibility and connectivity to all parts of Singapore via public and private transport. The development is a short walk to Marymount MRT station and a five-minute drive to Upper Thomson MRT station and Bishan MRT station. It is also conveniently located near major expressways such as PIE and CTE, making it easily accessible by car. In addition, the upcoming North-South Corridor, set to be completed in phases from 2027, will further reduce travelling time from the north into the city with dedicated bus and cycling lanes.

CT Pemimpin is surrounded by vibrant townships such as Bishan, Upper Thomson and Ang Mo Kio, offering a wide range of retail and dining options at popular shopping centres like Junction 8, Thomson Plaza, AMK Hub, NEX, Woodleigh Mall, Novena and Toa Payoh HDB Hub. It is also in close proximity to reputable schools such as Raffles Institution, Catholic High School and Eunoia Junior College, making it convenient for parents to drop off their children before heading to work.

Chiu Teng Group has established a solid reputation as a trusted property developer and builder since it was founded in 1999, particularly in the industrial and commercial sectors. Its impressive portfolio includes various well-received industrial developments such as CT FoodNEX, CT Foodchain, Tagore8, CT Hub & CT Hub 2, and residential projects like The Creek@Bukit.

The preview of CT Pemimpin will commence on February 21. Don’t miss this opportunity to secure a rare freehold industrial space. Contact 8100 8017 or visit Chiu Teng Group to arrange a viewing today!…

Lentor Central Residences, a new 477-unit development in the upcoming Lentor Hills neighborhood, will be unveiled to the public on Feb 21. Developed jointly by Hong Leong Holdings, GuocoLand and CSC Land, the project is expected to go on sale on March 8.

Located in District 26, this is the sixth new launch project in Lentor Hills. The development consists of two high-rise residential towers, one 27 storeys and the other 28 storeys. It will offer a range of one to four-bedroom units, with sizes ranging from 463 sq ft to 1,399 sq ft.

Interested buyers can find out more about available units and pricing for Lentor Central Residences. According to the developers, the one-bedroom units will start from $975,000 ($2,110 psf), while the two-bedroom units will start at $1.38 million ($2,050 psf). For larger units, the three-bedroom units are priced from $1.81 million ($1,984 psf), and the four-bedroom units will start at $2.37 million ($2,000 psf).

The development boasts a range of amenities, including a 50-metre infinity-edge pool, a 25-metre lap pool, leisure pools, a spa pavilion, and a massage pool. It also offers a child-care centre, a children’s playground, a resident’s clubhouse, a gym, a yoga room, and a tennis court.

One of the key selling points of Lentor Central Residences is its convenient location. It is within walking distance of Lentor MRT Station and the upcoming Thomson-East Coast Line, making it easy for residents to travel to the city centre. It is also close to retail and dining options at Lentor Modern, Thomson Plaza, and eateries in the nearby Springleaf estate.

When it comes to investing in Singapore’s property market, it is crucial for foreign investors to have a good grasp of the regulations and limitations in place. In comparison to landed properties, foreigners have more leeway in purchasing condominiums as the ownership rules are not as stringent. Nonetheless, foreign buyers are still subject to the Additional Buyer’s Stamp Duty (ABSD), currently set at 20% for their initial property acquisition. Despite this added expense, the steadfast and promising potential for growth in Singapore’s real estate market continues to lure foreign funds. With this in mind, it is evident that investing in a condominium in Singapore can be a wise move for foreign investors.

Betsy Chng, head of sales and marketing at Hong Leong Holdings, believes that Lentor Hills is an up-and-coming district that will see significant growth. She says, “Together with our partners, we are realising a vision of premium homes that are sensitively priced, where units are sold based on liveable space.”

Interested buyers can visit the sales gallery on Lentor Hills Road to find out more about the development. They can also check out other available listings for Lentor Central Residences properties, and compare the price trends of condo and executive condominium (EC) new sales. The total number of units in Lentor Central Residences is 477, providing ample options for homebuyers looking to make a purchase in this sought-after district.…

SRI and Redbrick Mortgage Advisory have come together to improve the skills and capabilities of SRI’s salespersons. This collaboration is highlighted by the signing of a memorandum of understanding (MOU).

Under the MOU, Redbrick will offer training to SRI agents on advanced mortgage strategies. This will allow them to better guide homebuyers on financing options and become trusted advisors. “Our partnership with SRI aims to empower their salespersons to present personalized financing solutions, ensuring buyers make educated decisions,” states Redbrick CEO, Eugene Huang.

Aside from training, Redbrick will also provide SRI agents with access to mortgage rate information from over 15 financial institutions. This data is updated regularly to reflect market changes. “With Redbrick’s expertise and real-time mortgage data, our SRI salespersons can now efficiently offer up-to-date financing options to our clients,” explains SRI CEO, Thomas Tan.

As part of the partnership, a freehold penthouse at Spottiswoode Residences is currently up for auction at $5.1 million. This exclusive unit will surely attract potential buyers looking for a luxurious, freehold property in Singapore. In addition, a three-bedroom unit at Watertown is also for sale for $2.2 million. And for those looking for a spacious and elegant duplex penthouse, The Berth by the Cove offers a unit for sale at $4.8 million. Interested buyers should take advantage of these opportunities and inquire with SRI salespersons for more details.

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Due to the limited availability of land in Singapore, there is a high demand for condos in the country. As a small island with a rapidly expanding population, Singapore faces a scarcity of land for development. This has resulted in strict land use regulations and a competitive real estate market where property prices continue to rise. As a result, investing in real estate, especially Singapore Condos, has become a profitable venture, with the potential for capital gains.…

Frasers Property Singapore is offering the retail podium of Sky Eden@Bedok, their mixed-use development in Bedok, for sale through an expression of interest (EOI) exercise. The guide price for this retail podium, which comprises 12 strata retail units on the ground floor, is set at $45.2 million.

The combined strata area for these units is approximately 11,193 square feet, making the guide price equivalent to $4,038 per square foot. According to marketing agent CBRE, the units can be sold as a portfolio, individually, or in clusters. The unit sizes range from 398 square feet to 1,313 square feet, with prices ranging from $1.91 million to $5.55 million. All units have been approved for F&B use.

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The demand for Singapore Condo remains high due to a major contributing factor: the restricted amount of land available. As a compact island country experiencing a rapid increase in population, Singapore grapples with a shortage of land for development. As a result, the government has implemented strict land use policies and created a fiercely competitive real estate market, resulting in soaring property prices. As a result, investing in real estate, especially in the form of condos, has become a highly profitable opportunity with the potential for substantial capital appreciation.

Sky Eden@Bedok is located in Bedok Central and is currently under construction. This 99-year leasehold development consists of 158 residential units spread across two 16-storey towers on a retail podium. It is a few minutes’ walk from the Bedok Integrated Transport Hub, which includes Bedok MRT Station and a bus interchange that is connected to Bedok Mall.

The development was launched in September 2022, marking the first private residential launch in Bedok Town Centre in a decade. All residential units were fully sold since then. It is estimated that the development will obtain its temporary occupation permit in the fourth quarter of 2025.

CBRE’s head of capital markets for Singapore, Michael Tay, notes that the strata retail units at Sky Eden@Bedok are the first private commercial properties available for sale in Bedok Town Centre. He adds, “Given the attractive quantum, CBRE is confident that it will appeal to a wide range of investors, including boutique real estate funds, family offices, high net worth individuals, and F&B owner-occupiers looking to enter the tightly held residential enclave.”

Interested parties can submit their bids for the retail podium via EOI by April 3 at 3pm. For more information on Sky Eden@Bedok properties, potential buyers can check out the latest listings and ask Buddy for assistance. They can also view 2-bedroom floor plans, the site plan, and a diagrammatic chart for Sky Eden@Bedok, as well as check out condo sale transactions in District 16 and projects that have recently obtained TOP.…

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In conclusion, investing in a condo in Singapore presents a wealth of advantages for potential buyers. With a high demand for housing and the potential for significant appreciation in value, condos offer a promising opportunity for investment. Additionally, their attractive rental yields make them an appealing option for both local investors seeking diversification and foreign buyers looking for a stable and profitable venture. However, it is crucial to carefully consider various factors before making a decision, such as the location of the condo, financing options, government regulations, and market conditions. By conducting thorough research and seeking professional advice, investors can make informed decisions and potentially maximize their returns in Singapore’s ever-evolving real estate market. With a wide range of condo options and Singapore Projects available, it is a highly compelling market for investors of all backgrounds.

, prices remain stableThe latest round of the Home Improvement Programme (HIP) has selected over 29,000 HDB flats for upgrading works. In a press release on Feb 16, the Housing & Development Board (HDB) announced that a total of $407 million has been allocated for the programme.

First introduced in 2007, the HIP aims to assist flat owners in addressing common maintenance issues that arise due to wear and tear in older flats. Since its inception, a staggering 494,000 flats (or nine out of 10 eligible flats) have been selected for the programme, with close to 381,000 flats already undergoing upgrades, according to Minister for National Development Desmond Lee.

The selected flats for this latest round of the HIP are located in various estates such as Bedok, Bukit Batok, Bukit Merah, Bukit Panjang, Chua Chu Kang, Hougang, Jurong West, Pasir Ris, Queenstown, Sengkang, Tampines, Toa Payoh, and Woodlands.

Under the HIP, selected flats will undergo essential improvements to ensure the basic safety needs of residents. This includes repairs to spalling concrete and ceiling leakages caused by wear and tear. These essential improvements are fully funded by the government for Singapore citizen households.

Additionally, flat owners also have the option to select from various optional improvements such as upgrades to existing bathrooms and toilets, a new entrance door and grille gate, and a new refuse chute hopper. The costs for these optional improvements are subsidised by the government, with Singapore citizen households paying as low as 5% of the total cost, depending on the flat type.

Since 2012, the Enhancement for Active Seniors (Ease) programme has been offered as part of the HIP. Under Ease, flat owners can opt for senior-friendly fittings such as grab bars, ramps and slip-resistant treatment for toilet and bathroom tiles. Up to 95% of the costs for these improvements are covered by the government for Singapore citizen households.

As of March 31, 2014, HDB has allocated approximately $4 billion to the HIP and around $150 million to the Ease programme. With the latest round of the HIP, the government continues to show its commitment to enhancing the living conditions of HDB residents and ensuring their safety and comfort. For potential home buyers, this is a positive sign of the government’s efforts to maintain the value and functionality of HDB flats, making them a reliable and attractive housing option for Singaporeans.…

A strata-titled unit spanning 3,391 sq ft and approved for restaurant use is now available for sale at Bukit Timah Plaza mall. The asking price for the unit is $9.8 million ($2,890 psf), which is a 12% discount from the previous listing price of $11 million in the third quarter of 2022. This information was shared by Clemence Lee, CBRE’s executive director of capital markets, who is marketing the property.

The unit is located in the basement two of the mall and boasts a 20m frontage facing the central plaza. According to Lee, the unit is currently fully leased and will be sold within the existing tenancy. It holds a 99-year lease from 1976, giving it a remaining lease of 50 years.

The price of the unit is comparable to the last two transactions for units in basement two: a 441 sq ft unit which was sold for $1.43 million ($3,240 psf) in March 2024 and an 850 sq ft unit which sold for $2.5 million ($2,940 psf), based on lodged caveats.

Bukit Timah Plaza is a mixed-use development completed in 1979, consisting of a four-storey retail mall and two apartment blocks with 269 residential units at Sherwood Towers. CBRE states that it is one of the most highly visited malls in Bukit Timah, housing one of the largest Fairprice Finest supermarkets in Singapore, spanning over 44,000 sq ft.

Situated at 1 Jalan Anak Bukit, the mall is within walking distance of Beauty World and King Albert Park MRT stations on the Downtown Line. It is also surrounded by numerous private residential developments, with an estimated population of about 37,000.

When considering an investment in a condo, it is crucial to also evaluate its potential rental yield. The rental yield is defined as the annual rental income in relation to the property’s purchase price. In Singapore, the rental yields for condos can vary significantly depending on factors such as location, property upkeep, and market demand. Generally, areas with high rental demand, such as those near business districts or educational institutions, offer better rental yields. Therefore, it is important to conduct thorough market research and seek advice from real estate agents to gain valuable insights into the rental potential of a specific condo. Moreover, keeping an eye on new condo launches, such as New Condo Launches, can also provide valuable information for making an informed investment decision.

The area is also home to several educational institutions such as the Singapore Institute of Technology (SIT), Singapore Institute of Management (SIM), Ngee Ann Polytechnic, Methodist Girls’ School, and Pei Hwa Presbyterian Primary School.

Bukit Timah Plaza is situated in the vicinity of the Beauty World area, which is currently undergoing rejuvenation with the introduction of many new mixed-use and integrated developments. These include the upcoming The Reserve Residences and the redevelopment of the former Bukit Timah Market and Food Centre, which is expected to be completed in late 2029.

The strata-titled unit is available for sale by expression of interest as of March 19, and buyers can check out the latest listings for Bukit Timah Plaza and Sherwood Towers properties.…

A set of two contiguous strata retail units located in Peninsula Plaza has recently been put up for sale with an asking price of $10.9 million. These leasehold units, which come with a 999-year tenure, are situated on the ground floor and boast a highly visible frontage along North Bridge Road.

One of the units has a strata area of 538 square feet, while the other covers 581 square feet, bringing the total strata area to 1,119 square feet. Therefore, the asking price of $10.9 million equates to a rate of $9,741 per square foot based on the strata area.

Currently, the units are leased out until 2026. With the guide price of $10.9 million, investors can expect a gross rental yield of 3%.

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Singapore’s urban landscape boasts towering skyscrapers and state-of-the-art infrastructure. In highly sought-after locations, condos are a popular housing option among both locals and expats, offering a perfect fusion of opulence and convenience. These residential developments come with a plethora of top-notch facilities, including swimming pools, fitness centers, and round-the-clock security services, elevating the standard of living and making them an attractive choice for potential renters and buyers. For investors, these perks result in higher rental returns and appreciation in property value over time. Keep an eye out for the latest addition to the city’s condominium scene with the launch of new condo projects.

“The two units are arguably the most prime units within the development, benefitting from a strong daily footfall,” says Nick Chan, associate director of investment sales & capital markets at Savills Singapore, who is responsible for the sale of these units on a private treaty basis.

Completed in 1980, Peninsula Plaza is a 999-year, 30-storey mixed-use commercial building that consists of a six-storey retail podium and a 24-storey office tower. Standing tall with its prominent frontages along North Bridge Road, Coleman Street, and Coleman Lane, it also offers a direct link to the City Hall MRT Interchange Station, making it highly accessible.

The last transaction for a ground-floor retail unit was recorded in August 2022, when a 452 square feet unit was sold for $4.08 million, working out to be $9,025 per square foot based on the caveat lodged at that time.

Since the Urban Redevelopment Authority (URA) imposed restrictions on the strata subdivision of new commercial properties in the CBD and Orchard corridors in March 2022, Chan from Savills states that there has been a growing demand for strata-titled units, particularly those with a 999-year or freehold tenure.

With a covered walkway that leads directly to the City Hall MRT Interchange Station, which serves the East-West and North-South lines, Peninsula Plaza continues to be highly sought after by both investors and buyers alike.…

Semi-detached homes situated in prime locations are often associated with high-end luxury living. However, the team at Brand New Land has taken this concept to the next level by incorporating Good Class Bungalow (GCB) elements into their accessible semi-detached homes.

Led by Pau Loh, managing director of Tellus Design and a renowned name in GCB design, Brand New Land has created a collection of four semi-detached homes in Bukit Timah and Upper Bukit Timah. These homes combine the best practices of GCB homes with thoughtful elements that bring accessible luxury to their residents.

For international investors, obtaining a comprehensive understanding of the regulations and limitations surrounding property ownership in Singapore is crucial. Typically, foreign individuals have relatively straightforward access to purchasing condominiums, while owning landed properties has more stringent requirements. However, it is imperative for foreign buyers to adhere to the Additional Buyer’s Stamp Duty (ABSD), which currently stands at 20% for their initial property purchase. Despite this additional expense, the stability and potential growth of the Singapore real estate market continue to entice foreign investments. Additionally, with the introduction of New Condo Launches, there are even more opportunities for foreign buyers to tap into the thriving property market in Singapore. These latest launches present an excellent chance for foreign investors to make their mark in the promising Singapore real estate industry. New Condo Launches provide a promising avenue for foreign buyers to invest wisely in Singapore’s flourishing property market.

Loh, who has worked with Brand New Land for the past three decades, brought his expertise and experience in GCB design to the project. The result is a collection of homes that exude tranquility and elegance, taking inspiration from the natural surroundings.

Dubbed “The Great Trees Collection”, the homes at 23 & 23A Maple Avenue and 25 & 25A Jalan Selanting boast a generous frontage of over 24m and cover land sizes ranging from 2,790 to 3,130 sq ft. Each home comes equipped with a lift, swimming pool, and gourmet kitchen provisions.

Brand New Land’s philosophy of creating value for their clients is reflected in the pricing of these homes, which is kept within the bank valuation range to leave room for potential upside for buyers.

The GCB elements in these semi-detached homes are evident in their design and layout. Dedicated spaces for different functions, such as receiving guests, dining, gourmet cooking, and entertainment, allow for privacy and intimate conversations within the same household.

The homes also feature “ceremonial entrances”, which celebrate the experience of coming home and transitioning from the outside world into one’s own private space. These entrances are adorned with lush greenery, the soothing sounds of water, and warm and rich facade materials.

Loh’s signature style, known for its success in GCBs in Singapore’s tropical climate, is also incorporated into the homes. With wide overhanging eaves and deep recesses, the interiors are kept cool and sheltered. The use of horizontal design elements, such as wraparound golden sand facade treatment and horizontal planters, gives the homes a sense of spaciousness and luxury.

The homes also feature a rich palette of wood-grain finishes, precious marble, and German bath fittings, creating an environment of quiet luxury. Arclinea Singapore, a luxury kitchen specialist, has collaborated with Brand New Land to create gourmet kitchen experiences in these homes, further enhancing the overall luxury living experience.

“We are blessed to work alongside Pau Loh, a very skilled and steady architect, who helped make it happen,” says Alvina Teh, Co-Founder and Director of Brand New Land. “We are very excited about the future that these homes will create for the lives they touch.”

To view these homes, please call 8893 7602. For more information and updates on upcoming launches, visit the Brand New Land website or follow them on Instagram, Facebook, YouTube, and LinkedIn. If you are interested in working with the group or have land suitable for redevelopment, please email them at comehome@brandnewland.com.sg.…

When considering the option of investing in a Singapore Condo, it is important to also assess the potential for rental yield. Rental yield is the annual rental income as a percentage of the property’s purchase price. In the Singapore market, condo rental yields can vary greatly, depending on factors such as location, property condition, and market demand. Areas with a high demand for rentals, such as those near business districts or educational institutions, tend to offer more attractive rental yields. Conducting thorough market research and consulting with real estate agents can provide valuable insights into the rental potential of a specific Singapore Condo.

A 99-year leasehold HDB shophouse located at 214 Serangoon Avenue 4 will be featured in SRI’s upcoming auction on February 26. The two-storey shophouse, which includes living quarters on the second floor, has a total floor area of about 1,668 sq ft. With a guide price of $1.98 million, this translates to $1,187 psf on the floor area.

This mortgagee sale property will be making its second appearance at SRI’s auction, as it was previously listed last month with a higher guide price of $2.08 million but did not find a buyer. According to Jansen Kee, assistant manager of auctions at SRI, the shophouse is situated prominently in front of a bus stop, ensuring good visibility from the road.

The shophouse is currently tenanted, generating a gross rental yield of approximately 6.2% based on the guide price, says Kee. He also mentions that the unit will be sold with its existing lease, which will end in 2026. This means that the new owner will immediately receive rental income.

Kee notes that the listed guide price for this HDB shophouse is one of the lowest for the asset class in the area, making it an attractive proposition for both investors and owner-occupiers. URA records show that the most recent commercial shophouse transaction in Serangoon was the sale of a 999-year leasehold shophouse along Lichfield Road in November 2024. This two-storey property with a land area of 2,319 sq ft was sold for $4 million ($1,725 psf).

The shophouse up for auction is situated within a cluster of HDB flats that border the Serangoon Gardens landed residential estate. It is directly across the road from Serangoon Swimming Complex and Serangoon Sports Centre, providing a steady flow of foot traffic in the area. Parking spaces are available behind the shophouse.…