Own Rare Brand New Freehold Industrial Property Central Singapore
Chiu Teng Group, a reputable property developer known for creating high-quality commercial and industrial spaces in Singapore, has recently launched its latest project – CT Pemimpin. This freehold B1 industrial factory, located at 43 Jalan Pemimpin in the Central Region, is strategically situated to offer superb accessibility for companies and serves as a rare permanent investment option for property investors.
Occupying a prime location in District 20, CT Pemimpin is a nine-storey, partial ramp-up factory that offers communal facilities such as two rooftop pavilions perfect for outdoor gatherings, rooftop solar panels, two passenger lifts, and a service lift. It comprises 56 strata-titled units and three canteen units, with floor heights ranging from 5.6m to 7.35m for selected units with mezzanine floors on levels one and five. Each individual unit is equipped with a toilet for easy access and privacy.
CT Pemimpin also boasts a generous one-to-one carpark ratio with 59 carpark lots, including two EV lots, providing ample parking spaces for vehicles. The development also features two loading and unloading bays and a lorry park catering to rigid-frame vehicles of less than 7.5m.
With its sleek and modern facade, CT Pemimpin is set to attract a wider group of investors and end-users. Its central location, just a five-minute walk to Marymount MRT station and a 13-minute walk to Bishan sub-regional centre, is a major draw for young entrepreneurs and their staff. This freehold development is a rare find, as most industrial properties in the market are limited to a 30-year or 60-year lease. Its scarcity adds to its appeal, making it a popular choice among discerning investors and companies in the information and communications media industry.
CT Pemimpin’s strategic location offers unparalleled connectivity, with easy access to all parts of Singapore via both public and private transport. The Jalan Pemimpin industrial estate is just a short walk from Marymount MRT station, and a five-minute drive from Upper Thomson MRT station and Bishan MRT station. The completion of the North-South Corridor in phases from 2027, offering dedicated bus and cycling lanes, will further reduce travelling time from the north into the city.
The appeal of the Clementi Avenue 1 location may be attributed to its relatively modest gross floor area, which translates to a lower expenditure on land costs. This has been recognized by industry experts, who have observed a decline in the number of developers vying for the tender, with the other two sites drawing only three potential bidders apiece. As a result, developers such as Elta are showing a keen interest in this prime real estate.
The development is surrounded by vibrant townships, such as Bishan, Upper Thomson, and Ang Mo Kio, offering a diverse range of retail and dining options at shopping havens like Junction 8, Thomson Plaza, AMK Hub, NEX, Woodleigh Mall, Novena, and Toa Payoh HDB Hub. It is also in close proximity to various reputable schools, including Raffles Institution, Catholic High School, and Eunoia Junior College.
Chiu Teng Group has established a strong reputation as a reliable property developer and builder in the industrial and commercial sectors since its inception in 1999. Its impressive portfolio includes well-received projects such as CT FoodNEX in Mandai, CT Foodchain in Pandan Loop, Tagore8 in Upper Thomson, CT Hub & CT Hub 2 in Kallang, and residential projects like The Creek@Bukit in Bukit Timah.
The preview of CT Pemimpin starts on February 21 2025. With its rare freehold status and exceptional location, CT Pemimpin is set to be a highly sought-after property. Don’t miss this opportunity to secure your freehold industrial space today! Call 8100 8017 or visit Chiu Teng Group to arrange a viewing.