A six-storey B1 industrial building at 12 Hoy Fatt Road in the Alexandra/Leng Kee area is up for sale
via an expression of interest (EOI) exercise with a guide price of $35 million.
The price works out to approximately $620 psf on the building’s gross floor area (GFA) of
approximately 56,445 sq ft.
The fully tenanted building sits on a land area of approximately 20,230 sq ft and has a total built-up
area of approximately 56,445 sq ft, with a net lettable area (NLA) of approximately 51,800 sq ft. The property has a remaining leasehold tenure of about 30 years, expiring in 2056.
The property is located within the established Alexandra/Leng Kee business precinct, with Redhill
MRT Station on the East-West Line approximately 550 metres away. Major retail and lifestyle
destinations including IKEA Alexandra, VivoCity, and Harbourfront Centre are within a five- to ten-
minute drive. The area also enjoys strong road connectivity to the Central Expressway (CTE) and
Ayer Rajah Expressway (AYE).
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