Ascent @ 456, 456, Balestier Road, Balestier, Singapore, 329832, Singapore
Property Details
🏬 Project View — Shoppes@Ascent456
Shoppes@Ascent456 is a freehold mixed-use commercial strata development located along Balestier Road, in District 12 (Balestier / Toa Payoh area).
It comprises commercial shop / retail / service units intended for businesses requiring street-front visibility — ideal for retail shops, cafés, boutiques, clinics, tuition centres, small offices, and SMEs targeting walk-in traffic from nearby residential and heritage belts.
Because of its freehold tenure and commercial-strata structure, Shoppes@Ascent456 appeals to both owner-occupiers and investors aiming for long-term capital appreciation + rental yield stability.
📍 Location & Connectivity
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Nearest MRT: Within walking / short ride distance to MRT network (Novena / Toa Payoh / nearby Central area) via public transport or bus routes along Balestier Road.
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Road Access: Well-connected via Balestier Road, giving relatively easy access to central, north and central-north residential catchments, plus easy linkages to major arterial roads.
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Catchment: Dense mix of residential estates, heritage-era housing, older HDB towns, and steady pedestrian / motor traffic — yielding stable catchment for retail, services and everyday conveniences.
This makes Shoppes@Ascent456 a convenient and accessible commercial node — good for retail/service businesses, boutique brands, daily-need services or SME offices.
⚙ Product & Features
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Unit Composition: Commercial strata units (shophouse/retail-type) with sizes ranging from ~269 sqft up to ~969 sqft depending on unit layout.
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Total Units: 16 commercial units in the development.
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Tenure: Freehold — attractive to investors wanting long-term ownership, or businesses seeking stability and asset-building rather than short-term leaseholds.
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Suitability: Units are suited for:
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Retail boutiques / shops
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Specialty F&B (small-scale café / takeaway / casual dining)
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Clinics / wellness / medical services
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Tuition / enrichment / education services
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Service-based SMEs (accounting, consultancy, small offices)
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Showrooms or small-scale display offices
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Because of compact unit sizes + flexible zoning for commercial use, the development is versatile and attractive for a variety of small-to-medium enterprises.
📈 Investment & Appeal
Why Shoppes@Ascent456 stands out:
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Freehold commercial strata — increasingly rare for small-scale retail/property investors, giving long-term capital value.
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Compact unit sizes — lower entry cost compared to large shops or malls; easier to rent out or operate as small business.
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Diverse tenant/usage potential — broad appeal across retail, services, F&B, clinics, tuition, offices — reducing vacancy risk.
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Catchment mix — heritage residents, older HDB towns, steady middle-income demographic around Balestier adds stability for everyday service/retail demand.
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Flexibility for both owner-occupiers and investors — owner-user businesses or yield-focused investors looking for modest-priced commercial asset with growth potential.
This combination makes Shoppes@Ascent456 a balanced commercial investment: moderate entry cost, diversified use, stable catchment, and freehold security.
💰 Price & Unit Summary
| Attribute | Description / Estimate* |
|---|---|
| Unit Types | Strata commercial — retail / shopfront, service-oriented units, small-office / clinic / tuition-centre formats |
| Common Unit Sizes | ~ 269 sqft (small shopfront) → ~ 960–970 sqft (larger unit) |
| Expected Sale Price Range | Mid-S$300,000s → S$900,000+ depending on unit size, floor, frontage and unit condition |
| Estimated Sale PSF (Strata Price) | Roughly S$1,100 – S$1,450 psf (varies with layout, floor and visibility) |
| Typical Monthly Rental (for leasing out) | Retail / shopfront / service-oriented units: S$5.50 – S$9.50 psf (depending on size, frontage, fit-out) |
| Yield / Return Potential | For a mid-size unit (~600–700 sqft), a rental yield of ~4%–5% gross is plausible — before service charges / maintenance / tenant turnover |
| Unit Condition & Fit-out Factors | Units may be bare shell; fit-out quality, frontage exposure, “food-approved” status (if applicable), and unit access (street-level vs internal) influence pricing/rental value |
| Tenure / Ownership Type | Freehold commercial-strata — appeals to investors seeking long-term holding value rather than short-term leasehold constraints |
* These are rough, indicative estimates based on typical strata-commercial market behavior in similar developments, and must be verified with actual listing, recent transactions, or valuation reports before any investment decision.
🔑 Key Takeaways for Investors / Buyers
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Freehold strata commercial units = rare & defensible asset over long term.
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Compact size + flexible usage = accessible for SMEs, owner-operators, small investors.
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Strong catchment + central-North location = stable retail/service demand base.
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Balanced risk/reward: lower capital requirement, diversified tenant pool, flexibility in exit/ usage.
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Good for first-time investors, small business owners, or diversified rental portfolio builders.
Shoppes@Ascent456 is ideal for businesses needing affordability + stability + connectivity — or investors seeking a manageable yet defensible commercial asset.
⭐ Quick Comparison Highlight
| Property / Type | Strength / Edge | Considerations |
|---|---|---|
| Shoppes@Ascent456 | Freehold strata, small-unit flexibility, central-north location | Small units → limited floor area (not for large flagship stores) |
| Mall Retail (Large Malls) | High traffic, anchor brands, strong visibility | High rental/price premium, high entry cost, high competition |
| Larger Shophouses in Fringe Areas | Bigger floor plates, potential for F&B/restaurant | Higher capex, variable catchment, higher carrying cost |
| Clustered Office Blocks | Steady office demand, long-term leases | Less walk-in retail traffic, more tenant screening, corporate lease cycles |
| Heritage / HDB-adjacent Retail Strips | Low cost, community demand, lower competition | Limited space, older infrastructure, variable foot traffic |
Shoppes@Ascent456 sits in a sweet spot: manageable cost, diversified use, freehold, and stable catchment — a strong match for small- to medium-scale investors or SME owners seeking a commercial base with minimal risk and moderate yield potential.
Description
- Freehold
Property Features
- Supermarket/Store
- Community Centre
- Hawker Centre
- Shopping Mall
- Park
- Gym
- Playground
- Carpark
