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Commercial Directory · Retail · District 19

Spazio @ Kovan

1 sale from Mar 2022 to Mar 2022, at a median $1,675 psf (Mar 2022 to Mar 2022).

District 19 At a glance

Median psf, all sales
$1,675
Sales since Mar 2022
1
Latest sale, Mar 2022
$1,675 psf
Tenure
Freehold

0 of 1 sellers with a known purchase price sold for more than they paid; the median made -9.0% a year.

Buying or selling at Spazio @ Kovan?

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1 sales Every sale

DateTypeLevelSq ftPricePsfSaleSeller boughtProfitA year
4 Mar 2022Retail2657$1,100,000$1,675ResaleMay 2016, $1.9M-$800k-9.0%

URA Realis caveats via Huttons, to 13 Oct 2026. Sq ft is the strata area. Profit is the sale price less the seller's purchase price, before stamp duty, GST and fees; “a year” is that gain as a yearly rate over the time held. Unit numbers are left out.

Spazio @ Kovan Questions

How much does a unit at Spazio @ Kovan cost?

1 unit sale at Spazio @ Kovan from Mar 2022 to Mar 2022 went for $1,675 to $1,675 psf, a median $1,675 psf on units of 657 to 657 sq ft. The latest, in Mar 2022, was $1,100,000 for 657 sq ft ($1,675 psf).

Did sellers at Spazio @ Kovan make money?

0 of 1 resale where the caveat shows the purchase price sold for more than the seller paid. The median seller lost $800k, -9.0% a year, before stamp duty, GST, fees and the rent collected while they held it.

What kind of property is Spazio @ Kovan?

The sales here are retail unit in District 19 (Outside Central Region), most on a freehold title. Commercial units carry no Additional Buyer’s Stamp Duty and cannot be bought with CPF.

Thinking of buying here to rent out? Check the yield and break-even in the Commercial Deal Check.