978 Toa Payoh North is a highly sought-after business address, renowned for its strategic location and exceptional connectivity. Unit 02-01 offers discerning entrepreneurs an unparalleled opportunity to establish a thriving enterprise in the heart of Singapore’s vibrant business district.
Unit Specifications
- Unit Number: 02-01
- Address: 978 Toa Payoh North, Singapore
- Floor Area: 550 sqft
- Rental Price: Contact for details
Location and Connectivity
Nestled in the pulsating Toa Payoh district, 978 Toa Payoh North enjoys exceptional accessibility. The building is:
- Just a 3-minute walk from Toa Payoh MRT Station (North-South Line)
- Within walking distance of the upcoming Thomson-East Coast Line (TEL)
- Conveniently connected to major expressways like the Central Expressway (CTE) and Pan-Island Expressway (PIE)
Building Amenities
978 Toa Payoh North boasts an array of modern amenities to support your business operations:
- 24-hour security and access control
- Dedicated lift lobby
- Fully air-conditioned with individual temperature control
- Broadband and high-speed internet connectivity
- Ample car park spaces
Key Advantages
- Prime Location: Situated in a thriving commercial hub with high footfall and visibility.
- Excellent Connectivity: Easy access to public transportation and major expressways.
- Modern Amenities: State-of-the-art facilities to enhance productivity and efficiency.
- Prestigious Address: A renowned business address that adds credibility to your enterprise.
- Growth Potential: The area is poised for significant growth and development, offering boundless opportunities for business expansion.
Applications
Unit 02-01 is suitable for a wide range of businesses, including:
- Professional services (e.g., law firms, accounting firms)
- Healthcare providers (e.g., clinics, dental practices)
- Retail stores
- Educational institutions
- Creative agencies
Common Mistakes to Avoid
When considering 978 Toa Payoh North 02-01 for your business, avoid these common pitfalls:
- Underestimating the rental cost: Ensure you factor in all associated expenses, including utilities, maintenance, and car park fees.
- Ignoring the location: Carefully consider the accessibility and convenience of the location for your clients and employees.
- Neglecting amenities: Verify that the unit meets your specific business needs in terms of space, connectivity, and amenities.
- Overlooking the growth potential: Research the area’s future development plans to assess the long-term sustainability of your investment.
- Failing to secure a long-term lease: Negotiate a lease agreement that aligns with your business objectives and provides stability.
Pros and Cons
Pros:
- Prestigious address
- Excellent connectivity
- Modern amenities
- Growth potential
- Ample car park spaces
Cons:
- Higher rental cost compared to other areas
- Possibility of increased traffic during peak hours
Market Insights
According to a recent study by Cushman & Wakefield, the rental market for commercial properties in Singapore is expected to remain strong in 2025, with demand for prime locations like Toa Payoh North driving growth.
Additionally, the government’s “Smart Nation” initiatives and the establishment of new business hubs in the area are attracting both domestic and international companies, further enhancing the investment potential of 978 Toa Payoh North.
FAQs
-
Is there a minimum lease period for Unit 02-01?
– Contact the landlord for specific lease terms. -
Are utilities included in the rental price?
– No, utilities are not included. -
Is there after-hours access to the building?
– Yes, there is 24-hour access control. -
Are there any parking spaces available?
– Yes, there are ample car park spaces available. -
Can the unit be subdivided?
– No, the unit cannot be subdivided. -
What are the operating hours of the building?
– The building is open 24 hours a day.
Conclusion
978 Toa Payoh North 02-01 is an exceptional business opportunity for entrepreneurs seeking success in Singapore’s dynamic commercial landscape. Its strategic location, excellent connectivity, and modern amenities make it an ideal choice for a wide range of enterprises. By carefully considering the potential benefits and challenges, and avoiding common pitfalls, you can unlock the full potential of this prime business address. Contact us today to schedule a viewing and secure your place in the heart of Toa Payoh’s business district.
Tables
Table 1: Unit Specifications
| Feature | Specification |
|---|---|
| Unit Number | 02-01 |
| Address | 978 Toa Payoh North, Singapore |
| Floor Area | 550 sqft |
| Rental Price | Contact for details |
Table 2: Building Amenities
| Amenity | Description |
|---|---|
| Security and Access Control | 24-hour security and dedicated lift lobby |
| Air-Conditioning | Fully air-conditioned with individual temperature control |
| Connectivity | Broadband and high-speed internet connectivity |
| Car Park Spaces | Ample car park spaces |
Table 3: Applications
| Business Type | Suitability |
|---|---|
| Professional Services | High |
| Healthcare Providers | High |
| Retail Stores | Medium |
| Educational Institutions | Medium |
| Creative Agencies | High |
Table 4: Market Insights
| Metric | Value |
|---|---|
| Rental growth forecast for 2025 | 3-5% |
| Demand for prime locations | Strong |
| Government initiatives supporting growth | Smart Nation, new business hubs |
