Singapore Property | Komo Shoppes for lease by CEL ~ The property development arm of Chip Eng Seng Corp, CEL Development, wants to unveil 28 shop units at Komo Shoppes. It comes in sizes ranges from 743 to 1,184 sq ft with unique frontage. CEL Development acquired the former Changi Garden and redeveloped it to Parc Komo. The former Changi Garden comes with 72 apartments on the upper floors and 12 shops on the ground level. This former Changi Garden comes with F&B outlets like Porta-Porta, Bistro and an Italian restaurant, Coffee shop, which had been there for more than 20 years ago.
The development comes with only five F&B units and the developer is very determined to offer this development to the right tenants. The development will be completed in the first half of 2022 and it will be available to the public as well. The area of the shops also moves beyond the residents of the 276 units at Parc Komo. In the neighbourhoods, you will find landed housing estates like Toh Estate and Jalan Mariam, as well as private condos in the Flora Road and Flora Drive. CEL Development estimates a combined total of 5,000 households and a population size of about 20,000.
More on Komo Shoppes for lease by CEL
There are areas such as Changi Business Park, Loyang Industrial Estate, Changi South Industrial Estates, and the aviation Logistics Park close to the condominium. The position of Komo Shoppes was well considered as the shops will benefit from the crowds coming from Logistics Park and neighbouring industrial estates. Reaching the bus-stop on time wouldn’t be an issue as residents will find it easy to access transport to and away from the area. It offers great comfort for residents living around the neighbourhoods who want to have a lovely meal or shop at Komo Shoppes.
CEL Development also plans to place Komo Shoppes into its investment portfolio. It also plans to roll out the next phase of a residential unit for sale starting from the following year.