Condos within Walking Distance of Michelin-Starred Hawker Stalls

By City Suites / Brought to you by SingHayi Group | July 21, 2017 2:33 PM SGT
Seventeen hawker stalls scattered across Singapore were recently awarded the Bib Gourmand in the 2017 Michelin Guide Singapore.
The Edge Property has rounded up five food centres with the most Michelin-starred hawker stalls, and where to stay within the area.
Whampoa Drive Makan Place
Whampoa Drive Makan Place is a prominent hawker centre in Singapore, located off Balestier Road. Two stalls — Balestier Road Hoover Rojak and Liang Zhao Ji braised duck — received the coveted Bib Gourmand award.
City Suites Novena
Just a few minutes’ walk away, City Suites is a 56-unit freehold development on Balestier Road by SingHaiyi Group. Slated for completion in 3Q2017, it presents a highly sought-after investment opportunity as it features a wide range of one-bedroom units with sizes that range from 452 to 527 sqft. Assuming an average selling price of $1,800 psf and a monthly rent of $2,500, investors can achieve a gross rental yield of 3.1% to 3.7%. In addition to this, the condominium also offers four duplex penthouses ranging from 925 to 1,120 sqft with double-volume ceiling height and a loft-like bedroom.
Occupants would not only enjoy easy access to their favourite Michelin-branded food, they would also be well-served by public transport, a stone’s throw away from several bus stops as well as a short walk to the Novena MRT station. They would also benefit from the increased vibrancy of the upcoming Health City Novena, poised to be Singapore’s largest medical hub and expected to cause a significant ripple effect on the surrounding areas.