Novelty Techpoint

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
Novelty Techpoint is a freehold industrial property. The development occupies a land area of 4,333 sqm and a Gross Floor Area of 6,308 sqm.

NOVELTY TECHPOINT is located along NEW INDUSTRIAL ROAD in Hougang, in District 19. It is accessible through the nearest MRTs including Bartley CC12 and Tai Seng CC11. Other nearby amenities include: 3 Grocerie(s): COLD STORAGE SINGAPORE (1983) PTE LTD, SIVAMANI MINIMART PTE LTD, SARATHI STORES PTE LTD, and 2 Shopping Mall(s): The Commerze @ Irving, 18 Tai Seng.

Based on transaction data in the last 12 months, the highest recorded transaction was S$ 680 psf in Sep 2023 for a 3,089 sqft unit for Factory (All Types). Its lowest recorded transaction was S$ 680 psf in Sep 2023 for a 3,089 sqft unit for Factory (All Types).

Buyers and tenants are attracted to District 19, which is comprised of Hougang, Punggol, Sengkang and Serangoon Gardens. These four areas are mostly residential with recreational and commercial amenities. Hougang is the largest HDB town in Singapore based on land area. Private houses can be found in the Lorong Ah Soo and Rosyth areas. Originally comprised of forests and pig-rearing farms, Hougang has evolved into a vibrant residential area with a wide array of amenities. These include a number of shopping malls, Hougang Sports Hall, and a bus interchange with a range of bus services to other parts of Singapore. Punggol is a relatively new residential estate in Singapore's North-East Region. Historically a fishing village resided by Malay settlers, Punggol is now a vibrant mix of residential developments and nature. Residents can leisurely cycle along the 4.2km-long Punggol Waterway or head to Coney Island, a 133ha island popular for jet skiing and camping. Sengkang has experienced rapid development since its early days as a fishing village. It is now a satellite residential town with a well-developed LRT system offering access to different parts of Sengkang. Sengkang also offers a wide array of work and play amenities, with the main shopping mall Compass One being Singapore's first thematic shopping centre based on the theme of learning.

The North-East Region is the second largest and most densely populated of the five regions in Singapore, with Sengkang being its most populous town. Spanning 13,810ha, the North-East Region is mainly a residential region and housing estate largely comprised of HDB flats. In addition to a myriad of amenities including hospitals, parks, schools and transport options, the region is also home to a few tourist attractions such as Pulau Ubin and Coney Island. Seletar Aerospace Park, which comprises of several aviation manufacturing and research facilities by companies such Rolls-Royce and Singapore Technologies Aerospace, provide employment opportunities to residents both within and beyond the region. Sengkang General Hospital, a 1000-bed hospital, is the largest in the region and is built to further the government's efforts to provide quality and accessible healthcare to all Singaporeans.
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What they say
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5
"Hidden Gem inside Novelty Techpoint - XX Velixir Sg (02-06). I have attended an amazing Cocktail Workshop here together with my family members during Chinese New Year. The workshop was fun and educational, recommended for all sort of big to small events for family, friends and corporate."
M**** C**
Google Review     |   02 Feb 2022
5
"Freehold. Ramp up to level 9. Good view at roof top. Swimming pool."
N* A******
Google Review     |   07 Nov 2021
5
"Looking for a FREEHOLD B1 property with range of incredible spaces gives you the flexibility in your business set up to work and to play You are investors but don't like to pay for ABSD likes buying a condo. You are inspired to those who living in a LOFT unit with 7 meters ceiling height Then this Business 1 (Clean and Light Industries) is the one most suited to your needs. Why Its Rare (Industrial Property usually tenures 30 years - 60 years) which means In future when you wanna sell it, there are not many competitors. Land for Freehold industrial is limited. 2/ Centralise Location (in close proximity to 2 MRT stations - Bartley and Tai Seng Circle Line). Close to 3 expressways - PIE, CTE and KPE. 3/ You can intelligently configure a space to take your business to the next level. For E-Commerce Business Owner. 4/ Your neighbours are Landed properties. Wow. I am getting inspired to write all of these :)"
L*** N*
Google Review     |   02 May 2021
5
"I give it 5 stars. Why It's NEW and FREEHOLD. Rare For Industrial Property. No ABSD. Foreigners Eligible. Business 1 (Clean and Light Industries). High ceiling 6.3m To 7.35m (Typical). Perfect if you think to Reno as a LOFT unit. (Work and Relax after Work!) Comes with Recreation Facilities eg. Swimming Pool, Jacuzzi, Pool Deck, Gymnasium, Unisex Steam Room, Male Changing Room, Female Changing Room, BBQ Area, Open Sided Pavilion Short Drive To Upcoming Paya Lebar Commercial Hub Centralise Location Minutes Drive To Central Business District, Changi International Airport & many more. Connectivity By Major Expressways e.g KPE, PIE, CTE Located in b/w Bartley MRT & TaiSeng MRT Upcoming Paya Lebar Hub Transformation"
E********* L***
Google Review     |   01 May 2021
4
"Freehold B1 space.. With facilities and great view from the top floor.. Already TOP"
C***** G**
Google Review     |   08 Jul 2020
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Nearby Amenities

(Within 500m)

Source: URA,www.edgeprop.sg

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Sales Transaction of NEW INDUSTRIAL ROAD

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Asking Price of NOVELTY TECHPOINT

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

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Rental Transactions of NEW INDUSTRIAL ROAD

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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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