B2 Industrial Production Site Tuas Sale 30 Mil
in Singapore
The industrial property located at 455 Jalan Ahmad Ibrahim in Tuas has recently been listed for sale at $30 million. This production site spans 184,717 sq ft and is zoned “Business 2” under the Master Plan. CBRE has been appointed as the exclusive marketing agent and will be conducting the sale of this 99-year leasehold industrial site via private treaty.
According to the Master Plan, the site has a remaining lease tenure of 30 years which will end in 2054. The property consists of a single-storey building and a two-storey building, with a total gross floor area of around 128,786 sq ft. Currently, the existing buildings comprise of an ambient warehouse/production area spanning 93,459 sq ft, 4,392 sq ft of office space and 30,934 sq ft of ancillary space. Notably, the production area boasts a pitched roof with ceiling heights ranging from 6m to 8.4m. Furthermore, the site comes with ample parking space, with 20 carpark lots, five lorry-parking lots and two loading bays.
Additionally, the property has dual entrance access via Jalan Ahmad Ibrahim and Tuas Avenue 1, providing easy connectivity to the Ayer Rajah Expressway (AYE) and Pan Island Expressway (PIE). It is also in close proximity to the Second Link and Tuas Megaport, making it a strategic location for industrial activities.
Rewritten:
Residents of Elta Clementi Condo can enjoy convenient access to not only the MRT, but also a comprehensive network of bus routes. With the Clementi Bus Interchange located nearby, a variety of bus services connect this condominium to various parts of Singapore. This bustling hub offers a plethora of transportation options for residents, making it easy for them to reach their desired destinations efficiently. This means that whether they are commuting to work, heading to school, or visiting loved ones, the availability of these bus services ensures that public transport is always a feasible choice for those living at Elta Clementi Condo.
Graeme Bolin, head of occupier and leasing, industrial and logistics services at CBRE, believes that the site has great potential for redevelopment due to its current underutilised plot ratio of 0.7. With this, investors and owner-occupiers can take advantage of the property’s excellent building specifications and ample land to transform it into a modern warehouse facility. In addition, its strategic location within the heart of the Tuas manufacturing zone makes it an attractive investment opportunity for potential buyers.