Millage

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Overview

Sales

Rental

Surrounding

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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
Millage is a freehold industrial property completed in 2016. The development occupies a land area of 1,746 sqm and a Gross Floor Area of 5,434 sqm.

MILLAGE is located along Changi Road in Geylang, in District 14. It is accessible through the nearest MRTs including Eunos EW7 and Paya Lebar CC9, EW8. Other nearby amenities include: 3 Grocerie(s): EN FROZEN PTE LTD, NTUC FAIRPRICE CO-OPERATIVE LTD, THE FOODSPREE PTE LTD, and 3 Shopping Mall(s): JOO CHIAT COMPLEX, TANJONG KATONG COMPLEX, CITY PLAZA.

Based on transaction data in the last 12 months, the highest recorded transaction was S$ 5,156 psf in Oct 2021 for a 172 sqft unit for Office, S$ 2,039 psf in May 2023 for a 194 sqft unit for Shop. Its lowest recorded transaction was S$ 5,156 psf in Oct 2021 for a 172 sqft unit for Office, S$ 2,039 psf in May 2023 for a 194 sqft unit for Shop.

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.

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.
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What they say
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5
"It has one of the shop which I like, it sells Indonesian foods and snacks. They have delivery to Indonesia as well with weight as the charge. Very convenient location, just beside Geyland Serai Market. Wet market and coffee shops are just a stone throw away."
W****** L**
Google Review     |   16 Feb 2022
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Nearby Amenities
Source: URA,  www.edgeprop.sg
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SchoolSchool
Eat & ShopEat & Shop
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Sales Transaction of Changi Road (Limited to 10)

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Asking Price of MILLAGE

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

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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.

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