Freehold TAG A units, Kovan shop up for sale at $21m combined

The TAG A units are fully leased and the Kovan shop is owner-occupied with a leaseback option.

Seven freehold strata business 1 industrial units at TAG A and a ground-floor HDB shop in Kovan have been put up for sale at a guide price of $17.8m and $3.2m, respectively.

The TAG A units have a combined strata area of about 22,238 square feet (sq ft) across levels 1, 2 and 4, according to marketing agent Knight Frank Singapore.

The development includes a 50-metre infinity pool, indoor gym, and barbecue pavilions. It also features contemporary architectural aesthetic and modern industrial specifications, including a 5.95-metre floor-to-floor height.

The asset is near Lentor MRT Station on the Thomson-East Coast Line and has access to the Seletar and Central expressways.

The units are fully leased and are being offered individually or as a portfolio, subject to their existing tenancies, Knight Frank added.

The sale is being conducted through an expression of interest exercise closing on 29 October at 3 p.m.

Separately, the 850 sq ft ground-floor HDB shop at 210 Hougang Street 21 in Kovan is currently owner-occupied and may be sold with a leaseback arrangement, Knight Frank listed.

The property offers a wide frontage and column-free layout with no living quarters attached.

It also has sheltered access to Kovan MRT Station and the Kovan Express Bus Terminal, as well as a nearby market and food centre.

The expression of interest exercise for the Kovan property closes on 19 November at 3 p.m.

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