The Citron

Overview

Sales

Rental

Surrounding

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Overview

Sales

Rental

Surrounding

More

Details

No data

*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
The Citron is a freehold commercial property. The development occupies a land area of 1,701 sqm and a Gross Floor Area of 127 sqm.

THE CITRON is located along Marne Road in Kallang, in District 8. It is accessible through the nearest MRTs including Farrer Park NE8 and Bendemeer DT23. Other nearby amenities include: 3 Grocerie(s): NTUC FAIRPRICE CO-OPERATIVE LTD, PAN PACIFIC INTERNATIONAL HOLDINGS PTE. LTD., MUSTAFA HOLDINGS PTE LTD, and 3 Shopping Mall(s): City Square Mall, Mustafa Centre, Jalan Besar Plaza.

Based on transaction data in the last 12 months, the highest recorded transaction was S$ 1,384 psf in Aug 2020 for a 506 sqft unit for Office, S$ 1,744 psf in Apr 2021 for a 474 sqft unit for Shop. Its lowest recorded transaction was S$ 1,384 psf in Aug 2020 for a 506 sqft unit for Office, S$ 1,744 psf in Apr 2021 for a 474 sqft unit for Shop.

Buyers and tenants are attracted to District 8, which includes Farrer Park, Little India and the area around Serangoon Road. A large proportion of Little India and Farrer Park’s properties are shophouses zoned as commercial/residential, with commercial on the ground floor and homes or apartments above. The area around Serangoon MRT is particularly well served by public transport as Serangoon MRT is an interchange between the Circle Line and North-East Line, and it is also connected to the Serangoon Bus Interchange. Additionally, Little India MRT has links to both the North-East Line and Downtown Line. The large numbers of shophouses in District 8 offers a quaint and unique boutique experience to discerning shoppers looking for a break from the generic, sprawling malls. The district's shophouses are becoming increasingly popular as investment properties, too, especially to investors looking to benefit from their relative scarcity in Singapore and their proximity to the Downtown Core.

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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2
"Quiet small mall, mixed development with residential units on upper levels.. Not all shops are operating.."
H*
Google Review     |   31 May 2022
5
"Mrt Station"
A********* L**
Google Review     |   12 Jun 2021
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Nearby Amenities
Source: URA,  www.edgeprop.sg
All Nearby Amenities

Within 500m

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Sales Transaction of Marne Road

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Source

Asking Price of THE CITRON

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

Listed On
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Rental Transactions of Marne Road

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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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Listings

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thumb-images
3
$1,109,999

      • Shophouse
      • D8
      • Freehold
      • S$ 2,340 psf
      • marne road
      MIKE CHIN
      send_enquiry
      thumb-images
      2
      $6,200,000

          • Shop
          • D8
          • Freehold
          • S$ 3,450 psf
          • MARNE ROAD
          Woo Yee Shin
          send_enquiry
          thumb-images
          10
          $1,388,888

              • Shop
              • D8
              • Freehold
              • S$ 2,640 psf
              • 1 marne road
              Blanche ONG
              send_enquiry
              thumb-images
              10
              $1,500,000

                  • Shop
                  • D8
                  • Freehold
                  • S$ 2,850 psf
                  • Marne Road
                  Blanche ONG
                  send_enquiry
                  thumb-images
                  10
                  $1,600,888

                      • Shop
                      • D8
                      • Freehold
                      • S$ 3,040 psf
                      • Marne Road
                      Blanche ONG
                      send_enquiry
                      thumb-images
                      10
                      $1,688,888

                          • Shop
                          • D8
                          • Freehold
                          • S$ 3,210 psf
                          • Marne Road
                          Blanche ONG
                          send_enquiry

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                          FAQs about THE CITRON

                          What is the nearest MRT Station to THE CITRON ?
                          The nearest MRT Station from THE CITRON is Farrer Park NE8 MRT

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