Located in the heart of Singapore’s vibrant East Coast, 231 Mountbatten Road Block B 02 01 represents an exceptional investment opportunity nestled within a prime location. This freehold property offers a plethora of advantages, including accessibility, convenience, and a host of amenities within its vicinity.
With its strategic location, 231 Mountbatten Road Block B 02 01 is easily accessible via major expressways such as the East Coast Parkway (ECP) and the Kallang-Paya Lebar Expressway (KPE). This connectivity provides seamless access to other parts of Singapore, including the Central Business District (CBD), Changi Airport, and key industrial hubs.
Residents of 231 Mountbatten Road Block B 02 01 enjoy unparalleled convenience, with a wide array of amenities at their doorstep. Within walking distance, they can access a diverse range of dining options, from casual cafes to renowned restaurants, offering both local and international cuisine. The property is also surrounded by retail outlets, supermarkets, and daily necessities, making everyday errands a breeze.
Nestled within a quiet residential enclave, 231 Mountbatten Road Block B 02 01 offers a tranquil haven amidst the bustling city. The development features a modern design, with a touch of understated elegance. Its well-maintained exterior and spacious interiors create a comfortable and welcoming ambiance.
Investors will be particularly drawn to the property’s impressive rental yield. According to the Urban Redevelopment Authority (URA), the average rental yield for properties in the Mountbatten area was approximately 2.8% as of 2022. This yield is projected to remain stable or even increase in the coming years, making it an attractive proposition for those seeking a stable rental income.
2025 holds exciting prospects for 231 Mountbatten Road Block B 02 01. The area is poised for significant growth and development, with major infrastructure projects underway in the vicinity. These projects include the upcoming Thomson-East Coast Line Extension and the Bayshore Waterfront Project, which are expected to further enhance the area’s connectivity and attractiveness.
As Singapore’s population continues to grow and demand for quality housing increases, properties such as 231 Mountbatten Road Block B 02 01 are expected to remain in high demand. With its prime location, competitive pricing, and potential for future appreciation, this property offers investors a unique opportunity to capitalize on the growth trajectory of Singapore’s real estate market.
Moving beyond traditional residential applications, 231 Mountbatten Road Block B 02 01 also presents opportunities for innovative and creative uses. With its adaptable design and spacious interiors, the property can be transformed into a vibrant commercial space that caters to the needs of modern businesses.
For instance, the ground floor can be converted into a coworking space, providing flexible and affordable office solutions for startups and entrepreneurs. Alternatively, it could be leased to a retail outlet, offering a unique platform for businesses to showcase their products and services.
The upper floors can be repurposed into serviced apartments, meeting the demand for short- and long-term accommodation in the area. With its proximity to business hubs and educational institutions, 231 Mountbatten Road Block B 02 01 has the potential to become a thriving hub for professionals and students alike.
| Feature | Value |
|---|---|
| Freehold Tenure | $1.5 million |
| 1,200 sq ft | 3 Bedrooms, 2 Bathrooms |
| 2014 | $580,000 |
| Rental Yield | 2.8% |
| Capital Appreciation | 5.6% |
| Projected Rental Yield in 2025 | 3.2% |
| Amenities within Walking Distance | Number |
|---|---|
| Restaurants | 10+ |
| Supermarkets | 5 |
| Retail Outlets | 20+ |
| MRT Stations | 2 |
- Renovate and Upgrade: Invest in renovations to enhance the property’s aesthetics and functionality. Consider modernizing the kitchen and bathrooms, and installing smart home features to increase its appeal to potential tenants.
- Explore Commercial Opportunities: Consider converting the ground floor into a commercial space to generate additional rental income. A coworking space, retail outlet, or serviced apartment can be viable options.
- Target Niche Markets: Identify specific tenant profiles that are likely to be attracted to the property, such as professionals, students, or families. Tailor your marketing and outreach efforts accordingly.
- Leverage Technology: Utilize online marketing platforms and social media to reach a wider audience. Create virtual tours and provide detailed property information to showcase the property’s unique features.
- Negotiate Effectively: When purchasing or leasing the property, be prepared to negotiate the best possible terms. Don’t hesitate to seek professional advice from a real estate agent or lawyer if needed.
- Seek Rental Assistance: If you plan on renting out the property, consider working with a reputable property management company to handle the day-to-day operations and ensure a smooth rental experience.
- Maintain the Property: Regular maintenance is crucial to preserve the property’s value and ensure a comfortable living environment for tenants. Conduct regular inspections and address repairs promptly.
- Stay Informed: Keep abreast of local property market trends and upcoming infrastructure projects that could affect the property’s value and rental potential.
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Is the property freehold or leasehold?
The property is freehold, meaning you own the land and building indefinitely. -
What is the expected rental yield in 2025?
The projected rental yield in 2025 is estimated to be 3.2%. -
What amenities are within walking distance?
There are over 10 restaurants, 5 supermarkets, and 20+ retail outlets within walking distance of the property. -
Is there any potential for commercial use?
Yes, the ground floor can be converted into a commercial space, such as a coworking space, retail outlet, or serviced apartment. -
Can I negotiate the purchase price?
Yes, negotiation is possible when purchasing the property. It is advisable to consult with a real estate agent or lawyer for guidance. -
What factors will affect the property’s value in the future?
Factors that could affect the property’s value include upcoming infrastructure projects, market demand, and economic conditions. -
Is there a property management company available?
Yes, there are several reputable property management companies that can assist with the day-to-day operations and rental management of the property. -
How can I stay informed about market trends?
Monitor real estate industry publications, attend industry events, and consult with real estate professionals to stay informed about market trends.
