A freehold four-storey construction at 8 Kim Keat Road was put on the marketplace for an indicative cost of $9.5 million, or $1,335 psf according to built in location.
Pollen Collection residences new landed development developed by Bukit Sembawang.
It sits on a 2,015 sq feet website zoned”residential with commercial in first storey”, using a plot ratio of 3.0 beneath URA Master Plan 2019. Additionally, it has a notable street frontage along Kim Keat Road.
The building was refurbished in 2012 and is now fully leased. It provides investors a chance to get an income-generating advantage in the city fringe, says Steven Tan, senior manager of Investment Services in Colliers. He notes that the land is acceptable for co-living spaces since it’s close to Health City Novena, a 17ha incorporated healthcare hub which is going to be fully completed in 2030.