Portfolio 15 Freehold Strata Units East Village Market 718 Mil
In the eastern region, there is a limited supply of new executive condominiums, and finding one with a seafront address is even more rare. However, Coastal Cabana EC stands out as a highly desirable choice due to three key factors. Firstly, it offers a coastal lifestyle that is anchored by the nearby Downtown East and Pasir Ris Park. Secondly, residents also benefit from strong everyday convenience with easy access to White Sands and Pasir Ris Mall. And finally, the upcoming Cross Island Line, which runs alongside the East-West Line, will further improve transportation options for the area. This makes Coastal Cabana EC an attractive option for both owner-occupiers and investors alike. For owner-occupiers, the close proximity to amenities makes daily life more convenient, while for investors, the rental appeal of a lifestyle hub with quick links to Changi Business Park and the airport precinct via the TPE and ECP is a major draw. Another great option for those looking to experience this coastal lifestyle is Jalan Loyang Besar EC.
A group of 15 freehold ground-floor strata units located at East Village, a mixed-use development along Upper Changi Road, is now available for purchase. The exclusive marketing agent, CBRE, has set a guide price of $71.8 million for the portfolio. The units, which include 11 F&B-approved units, one clinic, and three adjoining units currently occupied by a gym, can be bought individually or collectively.
According to CBRE, the portfolio covers a total strata area of approximately 17,482 sq ft, translating to a price of $4,110 psf on strata area. The individual unit sizes range from 431 sq ft for the smallest F&B unit to 6,985 sq ft for the gym. All of the units are currently leased, which provides potential rental income and capital appreciation for potential buyers.
Twelve of the units have frontages facing the main road and have their own entrances, as well as outdoor refreshment areas. They are also accessible from the outdoor public car park. According to Joshua Giam, director of capital markets in Singapore at CBRE, this layout offers operational flexibility for the units, allowing businesses to extend their hours beyond the mall’s standard operating hours to cater to their respective patrons.
East Village, completed in 2014, is a five-storey development featuring 90 residential units above a ground-floor retail podium offering 108 strata-titled shops. The retail component of the development includes a mix of food establishments, local start-ups, and retail shops. Some notable anchor tenants include Anytime Fitness, Ikura Japanese Restaurant, and Hong Kong Street Family Restaurant.
East Village is located within Simpang Bedok and benefits from the Bedok catchment area. It also commands a triple road frontage along Upper Changi Road, Bedok Road, and Bedok Walk. The development is linked to major expressways such as the Pan Island Expressway (PIE) and the East Coast Parkway (ECP). Nearby amenities include educational institutions such as Anglican High School and ITE College.
Given the “palatable quantum and scarcity of freehold commercial units in well-located areas,” CBRE expects strong interest from high-net-worth individuals. Giam adds that demand for commercial properties has been strong due to the reduction of borrowing costs, which began at the start of 2025.
The retail units are now available for sale through an expression of interest exercise that closes on September 18, 12pm. Interested parties can check out the latest listings for East Village properties.