Ct Hub 2

Ct Hub 2 is a leasehold (99 yrs from 1976) commercial property completed in 2015. The development occupies a land area of 756 sqm and a Gross Floor Area of 2,772 sqm.

CT HUB 2 is located along Lavender Street in Kallang, in District 12. Other nearby amenities include: 3 Childcare Centre(s): JOSIAH BABIES (APERIA), ENFANT EDUCARE PTE LTD, TAI PEI CHILD CARE CENTRE, and 3 Grocerie(s): COLD STORAGE SINGAPORE (1983) PTE LTD, NTUC FAIRPRICE CO-OPERATIVE LTD, MAHOTA FOOD PTE. LTD., and 3 Kindergarten(s): Khalsa Kindergarten, PCF SPARKLETOTS PRESCHOOL @ KAMPONG GLAM Blk 462 (KN), PCF SPARKLETOTS PRESCHOOL @ KOLAM AYER Blk 12 (KN), and 3 Shopping Mall(s): EMINENT PLAZA, CITY SQUARE MALL, MUSTAFA CENTRE.

Based on transaction data in the last 12 months, the highest recorded transaction was S$ 999 psf in Apr 2022 for a 969 sqft unit for Factory (All Types), S$ 1,601 psf in Dec 2021 for a 657 sqft unit for Office, S$ 2,198 psf in Aug 2021 for a 388 sqft unit for Shop. Its lowest recorded transaction was S$ 939 psf in Jan 2022 for a 990 sqft unit for Factory (All Types), S$ 1,600 psf in Dec 2021 for a 689 sqft unit for Office, S$ 2,011 psf in Aug 2021 for a 355 sqft unit for Shop.

Buyers and tenants are attracted to District 12, which is comprised of Serangoon, Toa Payoh and Balestier, a combination of areas that has historically quaint townships. Toa Payoh New Town, built by the Housing Development Board (HDB), represents Singapore’s second satellite city after Queenstown. Serangoon is well-served by two MRT lines, including the Circle Line station completed in 2010. Serangoon is also home to Nex, one of the largest shopping malls in the North-East Region of Singapore. Nex is integrated with a bus interchange, and houses a cinema and a public library. As one of Singapore's oldest housing estates, Toa Payoh has benefitted from the government's rejuvenation efforts. It has evolved into a vibrant neighbourhood centreed around HDB Hub, which has both shopping and dining facilities, as well as an air-conditioned bus interchange. Other amenities are Toa Payoh Stadium, Toa Payoh Sports Hall and Toa Payoh Swimming Complex. The Toa Payoh Stadium can sit 3,500 people, and has hosted S.League club games.

As a major financial and business hub, the Central Region stands as the dynamic city centre of Singapore. Spanning 13,150ha in land area, the region hosts Singapore's only UNESCO World Heritage Site and is home to many of the country's national monuments, such as the Merlion Park and Statue of Raffles. Although the region is designated mainly for commercial activities, it houses residential developments ranging from HDBs to bungalows. There is also plenty of greenery in the region, linked by 19km of park connectors. According to the Master Plan 2019, Orchard and Downtown will be rejuvenated as a lifestyle hub to include more mixed developments which offer live, work and play opportunities. New housing will be constructed in the Marina South Area with community facilities and amenities. Stage-6 of the Circle Line opening by 2025 will also enhance the Central Region's connectivity.