Two strata retail units at EastGate on the market for $23.8 mil

Two strata retail units at EastGate on the market for $23.8 mil was reported by EdgeProp Singapore on 25 February 2022.

Yap: Sizeable retail assets are also very limited in supply, and it is often more appealing to anchor tenants who are looking to operate different concepts in the same unit.

Why this matters for Singapore commercial property

The update is a useful signal for retail rents, shopper demand, tenant mix and investor appetite for well-located commercial space. The story is relevant to businesses, landlords and investors comparing current market evidence before making leasing or acquisition decisions.

Key takeaways

• Market: Singapore retail property

• Location: Singapore

• Reported benchmark: $23.8 mil

• News date: 25 February 2022

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Source: EdgeProp Singapore, 25 February 2022