Rare City-fringe Built-up B1 Industrial; Valued $12M; Near MRT
Key Highlights
- Land Area: 674.5 sqm (~7,260 sq ft)
- Built-Up Area (GFA): 1,684.67 sqm (~18,134 sq ft)
- Inclusive of 6 storeys + roof
- Bank Valuation: SGD 12,000,000 (as of 29 Aug 2025)
- Asking Price: SGD 12,800,000
- Tenure: 99 years from 01 July 1963 (~37 years remaining)
- Zoning: B1 (Light & Clean Industry) - subject to JTC approval
- Vertical Transport: 2 Passenger Lifts | 1 Car Lift | 1 Cargo Lift
- No Development Charge payable (fully built-up GFA already approved)
Accessibility
- < 5 minutes’ walk to Bendemeer MRT (Downtown Line)
- Easy access to CBD, Kallang Basin and major expressways (PIE, CTE, KPE)
- Excellent city-fringe location with strong connectivity
Why This Property?
- Built-up advantage: buyers save on development charges
- Valuation-backed asset (SGD 12M) with competitive asking price
- Rare central B1 industrial with long remaining lease (~37 yrs)
- Efficient multi-storey layout with comprehensive lift access
- Ideal for logistics, R&D, clean industry, and e-commerce operations
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