First East Centre

Overview

Sales

Rental

Surrounding

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Overview

Sales

Rental

Surrounding

More

  3
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 0

Details

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*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on 3rd-party rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Description
First East Centre is a leasehold (30 yrs from 2009) industrial property completed in 2011. The development occupies a land area of 10,720 sqm and a Gross Floor Area of 21,438 sqm.

FIRST EAST CENTRE is located along Kaki Bukit Road 2 in Bedok, in District 14. It is accessible through the nearest MRTs including Ubi DT27 and Kaki Bukit DT28. Other nearby amenities include: 2 Grocerie(s): VIVA CORP SERVICES PTE. LTD., COLD STORAGE SINGAPORE (1983) PTE LTD.

Based on transaction data in the last 12 months, the highest recorded transaction was S$ 206 psf in May 2022 for a 2,626 sqft unit for Factory (All Types). Its lowest recorded transaction was S$ 182 psf in Sep 2023 for a 2,476 sqft unit for Factory (All Types).

Buyers and tenants are attracted to District 14, which covers Eunos, Geylang, Kembangan and Paya Lebar. It is one of the most historically and culturally rich zones. These areas comprise predominantly HDB flats, private non-landed homes and shophouses. Eunos, Kembangan and Aljunied MRT stations serves the district via East-West Line, while Paya Lebar MRT station is the interchange station of East-West Line and Circle-Line. Geylang is one of Singapore's Malay settlements, and is known for its rich Malay heritage. Visitors to Geylang Serai can enjoy the sights of Ramadan lights and various foods at the bazaar during Ramadan. The neighbourhood is also home to many shophouses and a rich nightlife scene. Major shopping malls in this district are Paya Lebar Square and Kallang Wave Mall, which offer a variety of retail and dining options. Separately, Paya Lebar is envisaged to be a new sub-regional centre with industrial, technological and commercial developments.

With a land area of 11,000ha, the East Region is the smallest and second most densely populated of the five regions in Singapore. The region is a key aviation hub, housing the Paya Lebar Air Base and Changi Naval Base. Major airlines such as Singapore Airlines, Scoot and Jetstar also has their head offices in the area. Other major economic activity includes manufacturing, with industrial estates in Bedok, Changi, Pasir Ris, Tampines and Paya Lebar. Changi Business Park also hosts a number of MNCs such as Standard Chartered and IBM. Going forward, the government has plans to create more semi-conductor and aviation-related jobs at Tampines North, Pasir Ris and Changi. Aside from the bustling economic activity, residents benefit from a wide variety of green and play spaces in the region. Residents will also enjoy increased connectivity to other parts of Singapore with the upcoming Cross Island Line and Thomson-East Coast Line.
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What they say
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3
"Commercial area, mainly vehicle repairs workshop"
G** F******
Google Review     |   14 Jul 2022
4
"Nothing much and heavy traffic outside of the entrance"
L** D*****
Google Review     |   22 Jun 2022
4
"Good service. Went to rotate tyres."
L** S*****
Google Review     |   26 May 2022
5
"Bee Leong is the best workshop."
N**
Google Review     |   14 Aug 2021
5
"Very packed with automotive spare parts and repair at reasonable rates."
R**** H***
Google Review     |   06 Aug 2021
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Nearby Amenities
Source: URA,  www.edgeprop.sg
All Nearby Amenities

Within 500m

TransportTransport
SchoolSchool
Eat & ShopEat & Shop
OthersOthers

Sales Transaction of Kaki Bukit Road 2 (Limited to 10)

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Asking Price of FIRST EAST CENTRE

Source: URA, https://www.edgeprop.sg

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Rental Transactions of Kaki Bukit Road 2

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Transactions Within 1000M In The Last 12 Months
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Price Comparison with Nearby Properties (UP to 10)

(Within 1000 meters)

Note: *Based on URA Sales data in the last 12 months. **Based on 3rd-party Rental data in the last 12 months.

Marker
Project Name
Tenure
Completion Date
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Min Price* (S$ psf)
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Listings

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thumb-images
3
$680,000

      • Factory
      • D14
      • 30 Yrs From 16/11/2009
      • S$ 254 psf
      • Kaki Bukit Road 2
      MIKE CHIN
      send_enquiry
      thumb-images
      3
      $590,697

          • Factory
          • D14
          • 30 Yrs From 16/11/2009
          • S$ 227 psf
          • Kaki Bukit Road 2
          MIKE CHIN
          send_enquiry
          thumb-images
          5
          $1,167,000

              • Factory
              • D14
              • 30 Yrs From 16/11/2009
              • S$ 233 psf
              • Kaki Bukit Road 2
              MIKE CHIN
              send_enquiry
              thumb-images
              5
              $595,597

                  • Factory
                  • D14
                  • 30 Yrs From 16/11/2009
                  • S$ 229 psf
                  • Kaki Bukit Road 2
                  MIKE CHIN
                  send_enquiry
                  thumb-images
                  5
                  $571,297

                      • Factory
                      • D14
                      • 30 Yrs From 16/11/2009
                      • S$ 229 psf
                      • Kaki Bukit Road 2
                      MIKE CHIN
                      send_enquiry

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