Category Archives: Industrial

Citimac Industrial Complex up for enbloc sale again

The freehold development in the heart of Tai Seng industrial and commercial hub is up for sale again. The 110-unit industrial property of 1.3 ha size in MacPherson Road, Citimac Industrial Complex, has been put up for collective sale with a price tag of at least $430 million this time.

The eventual buyer would have to pay an additional $99 million in development charge (DC) for intensifying the land use — translating to a cost of $1,081 psf per plot ratio.

The redevelopment site is zoned “Business 1-White”, with a gross plot ratio of 3.5 under the URA Master Plan 2014. It can potentially yield a maximum gross floor area of 489,262 sq ft, of which at least 349,473 sq ft has to be for Business 1 or light industrial use, with the remaining for “white” use, which includes retail or commercial uses.

The white component is ideal for retail and F&B, such as cafes, restaurants and foodcourts, to tap on the growing catchment of workers in this up-and-coming F&B cluster, as well as residents in the neighbourhood,

BreadTalk Group, Sakae Holdings, Charles & Keith, Tee Yih Jia Group, Malaysia Dairy Industries and Lian Beng Group are among the many big names in the vicinity.

In February Mapletree opened its mixed-use development 18 Tai Seng, which boasts tenants such as Liao Fan Hawker Chan, Japanese Soba Noodles Tsuta and Tim Ho Wan.

More than 1588 direct property listings to the owners

Home Sales and Leases are not mere transactions. They are long term relationships. If you are looking for a long term relationship that can help you access to more than 1588 direct listings, whether residential, commercial and industrial properties for sale/lease, call David King @ 94772121 for more details.

Some of the direct listings

Eunos Technolink for sale

Premium Ground Floor Units Facing Eunos Link Main Road

Eunos Technolink is the ideal location for small and medium size enterprises. With its excellent location and superb functionality, the 6 storey (including basement) ramp-up development is designed for seamless operations for business efficiency. With vehicular access to every level, businesses enjoy ground floor convenience, no matter which level they are located on. Each unit comes with its own private carpark / container lots and its own attached toilet within the units.

Designated for Clean and Light industries, the development is suitable for light manufacturing, warehousing and ancillary office use. From $664psf for over 2000sqft spaces.

Eunos Technolink

Richfield Industrial Centre for Sale @ $724K only

Business space for sale at Eunos/Paya Lebar region. Only $724K for 1593sqft.

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Accessibility

Richfield Industrial Centre is accessible via Eunos Avenue 7 and conveniently located along the expressway at Paya Lebar Way. Commuters will be glad to know that within close proximity are Paya Lebar, MacPherson and Eunos MRT Stations. Bus services from the several bus stops nearby at Ubi and Paya Ubi areas contribute to the Industrial Centre’s ease of access.

Amenities

With the introduction of iPark, Paya Lebar estate is set to transform from a cluster of workshops and factories to a modern new generation Business Park where the notion of live, work and play will actualized.  Expect popular food chains like Din Tai Fung, the BreadTalk Group and Sakae Sushi, as well as retail shops like Charles & Keith and Reebonz, which adds to the liveliness of the location.

As a tribute to Paya Lebar rich cultural heritage, the new civic centre Wisma Geylang Serai will be completed in 2017.  In the Facebook of Prime Minister Mr Lee Hsien Loong, he said, “The new Wisma Geylang Serai is progressing well. I like the winning design unveiled yesterday. The centre will house a community club, the Southeast CDC office, arts and culture groups…”

Wisma Geylang Serai will become the key hub of Paya Lebar Central with enhanced connectivity of pedestrian networks, connecting adjacent facilities such as the Geylang Serai Market, Joo Chiat Complex and the Paya Lebar MRT Station.

Richfield Industrial Centre is also within reasonable distance to Giant Supermarket, Tanjong Katong Complex, Joo Chiat Complex, One KM and City Plaza so all your shopping and everyday needs are well-satisfied.

Features

The development comprises one 8-storey block for warehouses and factories and another block of 2 ½-storey terrace factories. Select from a choice of warehousing and light industrial units to cater to your business needs. For the expediency of our tenants, Richfield Industrial Centre has included special features like 12 container loading / unloading platforms and 8 passenger / goods lifts that serve all floors.

Richfield Industrial Centre’s modern functional design and features will provide you with greater working efficiency

First East Centre for Rent at $3.9K

Looking for industrial property in the east? Look first here. First East centre #03 ( B2 ) at Ubi. Size : 2625 sft, with mezzanine + 2 parking lots with unit attached toilet. Rental fee@fr $1.49 psf, subject to GST. Available now. Call David King @ 94772121 for viewing.

http://www.sgbayhomes.com/19331728

First East Centre is a 30-year Leasehold commercial property located at 10, Kaki Bukit Road 2, 417868 in District 14. First East Centre is primarily used for Factory/Workshop (B2) space rent and sale. First East Centre is close to Tai Seng MRT Station (CC11) and MacPherson MRT Station (CC10). It is near to several bus stops located KB Warehouse Complex, Airport Road and others.

Amenities near First East Centre

First East Centre is near to several eateries located at nearby buildings such as East Coast International Seafood and Thai Luang Canteen.

First East Centre is within reasonable distance to Prime Supermarket. It is also close Kembangan Plaza for an array of amenities such as grocery and retail shopping, banks and more.

First East Centre is accessible via Bartley Road East, Eunos Link and Pan Island Expressway.

Fragrance Group selling an industrial building in Geylang

Property developer Fragrance Group is selling an industrial building in Geylang.

Its wholly-owned subsidiary, Fragrance Biz Space, wants around $115 million for the new seven-storey building at 110 Lorong 23 Geylang, close to Aljunied MRT station.

The block, which is nearing completion, has a 60-year leasehold tenure and sits on a 67,944 sq ft site with dual road frontages as it is at the junction of Sims Drive and Aljunied Road.

It has a total provisional strata floor area of 237,000 sq ft and is zoned for “Business 1” use, meaning that light and clean industry or warehouse uses are allowed.

The building also has recreational amenities on the roof, including a swimming pool, a tennis csourt and a barbecue area.

The temporary occupation permit is expected this quarter.

Property consultant Colliers International is the sales agent. Offers close on Feb 26.

Mr Tan Boon Leong, Colliers’ executive director of industrial services, said the relatively longer lease of 60 years makes it an attractive investment for institutional investors.

“This is because all industrial sites offered in the Government Land Sales programme have a much shorter leasehold tenure of 20 years or, at most, 30 years,” he added.

Other developments in the vicinity include the Atrix, Arcsphere, Aljunied Industrial Estate, Gemini@Sims, Shun Li Industrial Complex, LHK Building and Kallang Distripark.