YewTee Point is a 2-storey neighborhood retail mall with a total NLA of 73,605 sqf and a well-balanced mix of tenants.
YewTee Point is located in Yew Tee, a residential estate in the northwest of Singapore and is surrounded by a large HDB and private residential catchment population. The site is also situated right beside the Yew Tee MRT Station which is just a 35 minute train ride away from Singapore's Raffles Place CBD.
The strategy is to acquire this rare core-plus suburban retail asset with a track record of strong and stable rental income.
From post-acquisition, we sought to tweak performance and increase revenue through renewals and value-add initiatives while reducing operating expenses through active asset management to achieve operational efficiencies.
Location:
Singapore
Asset Class:
Retail
10,925
Total GFA (sqm)
70+
Tenants
850k
Average Monthly Footfall
