Fission Capital Releases 3 units of Centra Heights back for public sale tomorrow

This is good news for all interested buyers of Centra Heights who missed the chance on April 18 launch, when all the 90 units were said to have been sold out in just two hours, according to a property agent from Huttons Asia.

"Balloting will commence tomorrow (May 25) at 4pm sharp so don't miss this chance again if you're interested," said the property agent who requested anonymity. Released units of the development located at Sims Avenue are the following:

1) #08-01, 2bedroom 581sqft

2) #08-06, 1+Study 463sqft
3) #13-04, 1+Study Penthouse with Private Pool 990sqft

Centra Heights which has a great location at the fringe of CBD, is an affordable quantum which starts at $500,000, and yet offer a good rental yields according to property consultant Adrian Lim of Huttons Real Estate Group.

“Centra Heights is the next better alternative for expats who can't afford higher rentals in CBD areas,” he said.

In terms of rental yield, a 1-bedroom unit in the neighbourhood according to Mr. Lim is at least $2500 and gives a rental yield of up to 6%.

Furthermore, the upcoming Payar Lebar Central within the vicinity gives the development further capital appreciation and higher rental yield in the future.

“With all the Financial institutions and companies shifting here in future, you will definitely see a influx of foreigners and expats and a increase in rentals and prices of properties here,” Mr. Lim said.

Centra Heights has easy access to PIE,ECP,KPE,TPE & CTE. It is Close to prestigious schools like Kwong Hwa, Tanjong Katong Girls School, Chung Cheng main School and just approximately 5-minute walk to Aljunied MRT & 8-minute walk to Payar Lebar MRT

Data from URA released early this month showed that units at Centra Heights were sold at a median price of $1,313 psf. Price range meanwhile started from $1,038 psf to $1,414 psf.

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