ROYAL SQUARE - A MIXED DEVELOPMENT Royal Square @ Novena by Hoi Hup Sunway - new development at the junction of Thomson/Irrawaddy Road, Singapore. There will be shops, restaurants, medical suites, and hotel units in the development. Located at the heart of the future Novena Health city, Royal Square at Novena will be built as a complex of medical suites, shops and restaurants within a hotel development. Royal Square @ Novena will promise a hot demand with the booming in Medical tourism in Singapore.
PROJECT NAME: ROYAL SQUARE at Novena
||Hoi Hup Sunway
||Proposed of 33 storey high building with 51 retail shops from level 1 to 2, 171 medical suites from level 7 to 21, hotel from level 22 to 33.
||Thomson Road / Irrawaddy Road
||99 Years Leasehold
|Total No. of Units:
||Allowable Development WhiteSite Maximum Permissible Gross Floor Area (GFA) 28,043m2 and Maximum Building Height 153m AMSL+ P (33 storeys)
|1st & 2nd storey Retail/F&B – 49 units with 25 shops & 24 restaurants (Unit Size: 21 to 248 sqm) 2nd to 5th storey Carpark - 181 lots (excluding 3 handicapped lots, 2 loading/unloading lots & 3 coach lots) 6th storey F&B – 2 units of Open Terrace Restaurants (Unit Size: 240 to 445 sqm) 7th to 21st storey Medical Suites – 171 units (Unit Size : 39 to 73sqm ) 22nd – 33rd storey Hotel – 250 rooms
||280 - 4,790 sqft
||226 - 904 sqft
420 - 786 sqft
WHY TO INVEST ROYAL SQUARE AT NOVENA?
- RARE OPPORTUNITY: Located at the heart of the future health Novena, Royal Square is a vey rare opportunity to own or invest medical suites and strata retail spaces. This is a great potential for Capital Appreciation.
- LOCATION: With the Novena Station MRT right below, ROYAL SQUARE is perfect for doing any kind of businesses. With accessibility and connectivity, your business will attract a lot of traffic.
- PENT-UP DEMAND: Singapore is becoming an international hub not only for business but also for education or medical tourism. With a huge influx of international patients coming every years, there is a high demand for medical facilities, and supported infrastructure. in addition, a recent announcement by Tan Tock Seng hospital reveals its ambition to transform the area in a MEGA Health City.
- THE RIGHT TIME: Investment in commercial properties is not affected by the Government's recent regulations. There is No Seller Stamp Duty as well as Loan Restrictions. Residential and Industrial investors as well as Foreign investors are all looking for investment in commercial sectors. It makes commercial properties becoming limited in supply. MEDICAL SUITES is special kind of commercial properties that even rarer in supply.