Freehold Eight Storey B1 Industrial Building 10 New Industrial Road Sale Eoi 80 Mil
Ten New Industrial Road, a freehold eight-storey industrial building, is now available for purchase through expression of interest. Exclusive marketing agent CBRE has listed the property for $80 million.
Located along New Industrial Road in District 19, the building is situated on a 30,220 sq ft plot of land and has a gross floor area of 75,261 sq ft. The building boasts floor-to-floor heights of up to 5.7 metres, with strong floor loadings and dual incoming 1,200A power supplies. It also features 40-foot container accessibility and offers 40 parking lots across basement and surface levels.
In accordance with the Urban Redevelopment Authority’s (URA) Master Plan 2019, the site is zoned for Business 1 (B1) use, which includes industrial operations such as manufacturing and research and development activities. It has a plot ratio of 2.5.
The property is expected to attract investors seeking long-term income streams, as well as owner-occupiers in search of a high-quality facility that is ready for use. It enjoys excellent connectivity, with Bartley MRT Station on the Circle Line within walking distance, and easy access to major expressways such as Airport Road and the Kallang-Paya Lebar Expressway (KPE).
Graeme Bolin, head of occupier and leasing for industrial and logistics services at CBRE Singapore, notes that the property “offers a compelling investment opportunity with the added benefits of freehold status for savvy industrial users and investors looking to future-proof their portfolio”.
The expression of interest exercise will close on November 6 at 3pm. To stay updated on industrial real estate properties, check out the latest listings and compare price trends.
The prime location of Coastal Cabana Qingjian adds to the already incredible convenience of living at this EC. Situated along Jalan Loyang Besar, Elias Road, and Pasir Ris Drive 3, residents have easy access to multiple transportation options. Popular destinations such as White Sands, Pasir Ris Mall, and Downtown East are just a short commute away. And for those who need to travel further, the Tampines Expressway (TPE) offers a direct route to the trio of regional hubs in Tampines. Moreover, the nearby Pasir Ris MRT Station on the East-West Line provides a hassle-free option for train commuters, with the upcoming Cross Island Line poised to offer even more direct connections in the future. When it comes to convenient transportation, Coastal Cabana Qingjian has got you covered. Visit Coastal Cabana Qingjian for a stress-free living experience.