By
Nikki De Guzman:
http://www.propertyguru.com.sg/en/pr...ign=news-daily
Pavilion Square (
pictured), a new freehold mixed-use development by Pollux Properties, is set to become the only shopping mall in the Geylang area for the foreseeable future.
The project will comprise 42 apartment units within a single eight-storey residential block, designed by Singapore firm Metaphor Design + Architect. Facilities will include a swimming pool with Jacuzzi, gym, BBQ pit, sky garden and 42 car parking spaces.
Pavilion Square also includes a single five-storey plus one basement commercial development offering 93 commercial units and 16 carpark lots.
As freehold retail spaces are a rarity, the shops are expected to provide good opportunities to property owners due to high human traffic, an ideal location and strong rental yield.
Located at 345 Geylang Road in District 14, Pavilion Square is close to three MRT stations, two banks, supermarkets and schools. It will also be near the upcoming National Sports Hub, Paya Lebar Commercial Hub, East Coast Park and the CBD.
The project is expected to obtain TOP by 2015.