Singapore  Singapore

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Listing Id: 33112 Last Refreshed: 11/10/2024 Total Views: 342

Prime Childcare For Sale In Growing Residential Hub

SerangoonChildcare and Kindergarten
Asking Price: S$280,000
Business For Takeover
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Overview

  • Premise Type N/A
  • Premise Size 6480 sqft / 602 sqm
  • Monthly Rental S$17,800
  • Rental Desposit N/A
  • Revenue S$69,000
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Part Time
  • Staff 10
  • Established N/A
  • Source Broker

Reason For Sale

Operator looking move overseas with family

Description

Located near the vibrant new Bidadari estate, this well-established childcare center offers an excellent opportunity for investors and operators looking to tap into a growing catchment area. The Bidadari estate is rapidly developing into a family-friendly community, attracting young families who seek quality childcare services. With its proximity to Paya Lebar, Bartley and Serangoon, this center benefits from convenient access and a booming residential population.

A Rare Opportunity in Singapore's Childcare Market
Large landed childcare centers like this are incredibly rare in Singapore. Due to recent regulations, it is extremely tough to get ECDA license for new landed premises, making this an exceptional opportunity for any buyer. With the growing scarcity of such properties, especially one with an expansive land size of 602 sqm and two fully equipped playgrounds, this center offers unmatched potential for long-term success in a high-demand sector. The scarcity of landed childcares adds significant value to the property, as these spaces provide unique benefits such as outdoor areas for play, gardening, and nature-based learning—features that are increasingly difficult to find in new centers.

Property Details:
Land Size: 602 sqm
Built-up Area: 355 sqm
Type: 2-storey detached house
The property boasts an extensive garden featuring two playgrounds (front and back), complete with equipment. The center also maintains herb and fruit plants, providing a natural and engaging environment for children. Additionally, a nearby public park offers further outdoor space for children’s activities, making this location ideal for nurturing early childhood development in nature.

Capacity and Enrollment:
Licensed Capacity: 50
Current Enrollment: 43
Potential to increase capacity by 4-5 children with minimal construction to convert the back balcony on the second floor into a classroom, as per discussions with ECDA.

Financials:
Current Fees: $1,450 per student
New Fees (2025): $1,580 for new enrollments
Revenue with Enrichment: $69k per month

Tenancy Details:
Current Lease Ends: January 2026
Rental Terms: $17.8k/month until Jan 2025, increasing to $19.8k for 1 year. The landlord is open to negotiating a new lease, with a history of being cooperative and flexible.

Staffing:
Total Staff: 10, including a principal
Monthly Staff Costs: $34k (including CPF)
Additional Offerings: The center provides three optional enrichment programs—Soccer, Robotics, and Chinese Speech & Drama—offering added value to families.

This childcare center is a rare gem in Singapore’s increasingly competitive and tightly regulated market. As one of the few remaining large landed childcares, it presents an unmatched opportunity for those looking to secure a valuable, long-term asset in a rapidly growing residential area.

Business Operation

Ability to add 4-5 capacity on the 2nd floor with minimal construction work.
Expansion Potential

Property Information

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