The Commerze@irving

The Commerze@irving is a leasehold (60 yrs from 2011) commercial property completed in 2013. The development occupies a land area of 3,353 sqm and a Gross Floor Area of 1,191 sqm.

THE COMMERZE@IRVING is located along Irving Place in Toa Payoh, in District 13. It is accessible through the nearest MRTs including Tai Seng CC11 and Bartley CC12. Other nearby amenities include: 3 Grocerie(s): SARATHI STORES PTE LTD, NTUC FAIRPRICE CO-OPERATIVE LTD, SIVAMANI MINIMART PTE LTD, and 3 Shopping Mall(s): The Commerze @ Irving, 18 Tai Seng, Grantral Mall @Macpherson.

Based on transaction data in the last 12 months, the highest recorded transaction was S$ 702 psf in Oct 2024 for a 1,033 sqft unit for Factory (All Types), S$ 1,498 psf in Sep 2022 for a 334 sqft unit for Office, S$ 1,616 psf in Apr 2024 for a 248 sqft unit for Shop. Its lowest recorded transaction was S$ 633 psf in Jun 2024 for a 1,367 sqft unit for Factory (All Types), S$ 1,498 psf in Sep 2022 for a 334 sqft unit for Office, S$ 1,243 psf in Aug 2024 for a 431 sqft unit for Shop.

Buyers and tenants are attracted to District 13, which encompasses Braddell, Macpherson and Potong Pasir. It is located at the city fringe of Singapore. The district comprises predominantly residential properties in the form of HDB clusters, private non-landed and landed homes. District 13 is served by the Macpherson MRT station of the Circle Line and the Downtown Line. It is also connected by Potong Pasir and Braddell MRT stations via North-East Line and North-South Line. Residents in these areas enjoy good accessibility to nearby shopping malls and amenities such as City Square Mall, NEX Shopping Mall and the Orchard Road shopping belt.

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.