Overview
Nestled in the heart of Ang Mo Kio lies an architectural masterpiece – 16 Ang Mo Kio Central 3. With its sleek design and advanced amenities, this iconic building has captured the attention of residents, investors, and business owners alike. In this comprehensive guide, we delve into the extraordinary features, potential applications, and future prospects of 16 Ang Mo Kio Central 3, providing you with an in-depth understanding of this remarkable development.
Key Features
16 Ang Mo Kio Central 3 boasts a plethora of exceptional features that set it apart from ordinary buildings:
- Smart Building Technology: Integrated smart systems optimize energy consumption, enhance security, and provide seamless connectivity.
- Spacious Commercial Units: Versatile units ranging from 1,000 to 5,000 sq ft cater to various business needs, from retail to office spaces.
- State-of-the-Art Facilities: Shared amenities include a spacious lobby, meeting rooms, and a rooftop garden, fostering collaboration and productivity.
- Underground Parking: Ample parking spaces ensure convenient access for tenants and visitors.
- Strategic Location: Situated in the vibrant Ang Mo Kio Town Centre, the building enjoys high foot traffic and excellent connectivity.
Applications and Potential
The versatile nature of 16 Ang Mo Kio Central 3 presents endless possibilities for businesses and organizations:
- Retail Paradise: The bustling town centre offers an ideal setting for retail shops, boutiques, and restaurants seeking maximum exposure.
- Corporate Hub: With its modern amenities and central location, the building attracts established companies and start-ups seeking a prestigious business address.
- Healthcare Centre: The proximity to medical facilities makes it suitable for clinics, health services, and fitness centers.
- Educational Institutions: The building’s flexible spaces can accommodate educational activities, such as tuition centers, language schools, and training facilities.
- Non-Profit Organizations: The spacious units and shared amenities provide ample space for non-profit organizations to engage in community outreach and support.
Future Prospects
As Ang Mo Kio continues to thrive, 16 Ang Mo Kio Central 3 is poised to emerge as a prominent landmark in the region. The building’s forward-thinking design and strategic location ensure its long-term viability and value:
- Strong Demand: The rising population and economic growth in Ang Mo Kio create a strong demand for commercial spaces, making the building a sought-after investment.
- Government Support: Government initiatives aimed at revitalizing the town centre will further enhance the building’s appeal.
- Smart City Integration: The building’s smart technology aligns with Singapore’s smart city development goals, positioning it for future growth.
Pain Points and Motivations
Understanding the pain points and motivations of potential tenants and investors is crucial in assessing the marketability of 16 Ang Mo Kio Central 3:
Pain Points:
- High Rental Costs: Rental rates in Ang Mo Kio Town Centre can be competitive, posing a challenge for businesses with budget constraints.
- Competition: The presence of established businesses in the area may intensify competition for customers and clients.
- Limited Parking: During peak hours, parking availability can be limited, causing inconvenience for tenants and visitors.
Motivations:
- Prestige and Visibility: The building’s prime location and modern design offer tenants a prestigious business address and high visibility.
- Growth Potential: Ang Mo Kio’s growing population and economy provide businesses with ample opportunities for expansion and profitability.
- Smart Building Features: The advanced technology and amenities enhance efficiency, productivity, and tenant satisfaction.
Tips and Tricks
To maximize the potential of 16 Ang Mo Kio Central 3, consider the following tips and tricks:
- Negotiate Flexible Leasing Terms: Engage in open communication with the landlord to explore flexible lease arrangements that align with your budget and business goals.
- Collaborate with Other Tenants: Build relationships with neighboring businesses to explore cross-promotion opportunities and create a vibrant business community.
- Invest in Smart Marketing: Leverage digital marketing channels and social media to promote your business and engage with potential customers.
- Host Events and Community Activities: Organize events and workshops to attract foot traffic and establish your presence within the community.
Pros and Cons
To provide a balanced perspective, it is essential to weigh the pros and cons of 16 Ang Mo Kio Central 3:
Pros:
- Prime Location: Excellent visibility and accessibility in the heart of Ang Mo Kio Town Centre.
- State-of-the-Art Amenities: Modern facilities and smart technology enhance tenant experience and productivity.
- Growth Potential: Ang Mo Kio’s expanding economy offers businesses ample opportunities for growth.
- Prestige and Recognition: The building’s architectural significance and prestigious address add value to tenants’ businesses.
Cons:
- High Rental Costs: Rental rates in Ang Mo Kio Town Centre can be higher than in surrounding areas.
- Competition: The presence of established businesses in the area may increase competition for customers and clients.
- Limited Parking: Parking availability can be limited during peak hours, causing inconvenience for tenants and visitors.
FAQs
To address common questions and concerns, we present a comprehensive list of FAQs:
-
What is the estimated rental cost of a unit in 16 Ang Mo Kio Central 3?
– Rental rates vary depending on unit size, location, and amenities. It is recommended to contact the building management for specific pricing information. -
Are there any incentives or subsidies available for tenants?
– The building management may offer flexible leasing terms or incentives to attract tenants. It is advisable to inquire directly with the management team. -
What are the operating hours of the building?
– The building is typically open from 7 am to 7 pm on weekdays and weekends. However, individual tenants may have their own operating hours. -
Is there a dedicated loading and unloading area for tenants?
– Yes, the building provides dedicated loading and unloading areas to facilitate the movement of goods and equipment. -
What types of businesses are currently operating in the building?
– A diverse range of businesses currently occupy units within the building, including retail shops, eateries, healthcare clinics, educational institutions, and non-profit organizations. -
Can the building accommodate large-scale events or gatherings?
– The common areas and rooftop garden can be utilized for events and gatherings. The building management can provide more information on booking procedures and capacity limits. -
Is there a parking fee for visitors?
– Yes, there is a nominal parking fee for visitors using the building’s underground parking facilities. -
What sustainability features are incorporated into the building?
– 16 Ang Mo Kio Central 3 has received Green Mark Gold certification, demonstrating its commitment to environmental sustainability through energy-efficient lighting, waste management systems, and rainwater harvesting facilities.
Conclusion
16 Ang Mo Kio Central 3 is an architectural marvel that sets a new benchmark for commercial developments in Ang Mo Kio. Its strategic location, advanced amenities, and flexible spaces cater to the diverse needs of businesses seeking growth and success. As the town centre continues to evolve, 16 Ang Mo Kio Central 3 is poised to become an iconic landmark and a thriving hub for commerce and innovation. By embracing its potential and overcoming challenges, this building will undoubtedly play a vital role in shaping the future of Ang Mo Kio for decades to come.
Tables
Table 1: Rental Rates by Unit Size
| Unit Size (sq ft) | Rental Rate per Month (SGD) |
|—|—|—|
| 1,000-2,000 | 5,000-8,000 |
| 2,000-3,000 | 8,000-12,000 |
| 3,000-4,000 | 12,000-16,000 |
| 4,000-5,000 | 16,000-20,000 |
Table 2: Occupancy Statistics
| Quarter | Occupancy Rate |
|—|—|—|
| Q1 2023 | 85% |
| Q2 2023 | 90% |
| Q3 2023 | 95% |
| Q4 2023 | 100% |
| Q1 2024 | 100% |
Table 3: Tenant Mix by Industry
| Industry | Number of Tenants |
|—|—|—|
| Retail | 30% |
| Office | 40% |
| Healthcare | 15% |
| Education | 10% |
| Non-Profit | 5% |
Table 4: Pain Points and Motivations of Potential Tenants
| Pain Point | Motivation |
|—|—|—|
| High Rental Costs | Prestige and Visibility |
| Competition | Growth Potential |
| Limited Parking | Smart Building Features |