SUPER CHEAP | SUPER CHEAP | SUPER CHEAP
Property Highlights
• Address: No. 40 Tuas View Square
• 4-Storey B2 Building with Worker Dormitory
• Land Size: 33,154 sqft | GFA: 49,600 sqft
• Balance Lease: ~31 years (60 years from 1996)
• Secondary Licence by URA till Feb 2029 (subject to yearly renewal)
Breakdown of Usage
• Ground Floor: Workshop (with 10-Ton Overhead Cranes), Minimart, Open Yard
• 2nd Floor: Dormitory
• 3rd Floor: Dormitory
• 4th Floor: Dormitory (with 1600 Amp 3-Phase Power)
Numbers that Matter
• MOM & URA Approved for 272 Workers
• Monthly Rental Income: ~S$200,000
• Annual Property Tax: ~S$86,700
• Asking Price: S$29,888,888M (View to Offer)
Investor Appeal – Rental Yield
• Gross Annual Income: ~S$2.4M
• High Net Yield (after property tax)
• Rare combination of industrial + dormitory licence – highly sought after in Tuas for logistics, marine, and manufacturing firms.
• Limited supply, high demand – strong rental resilience.
Why This Asset?
• Ready Income: Tenanted with strong cashflow ~S$200K monthly
• Rare Approved Dormitory for 272 pax – saves operators huge compliance & setup cost
• Heavy Power Supply (1600 Amp) suitable for manufacturing, shipyard & marine trades
• Strategic Tuas Location – near Tuas Port & Malaysia 2nd Link