Freehold 3-storey terrace factory at Tagore Lane, Sindo Industrial Estate (D26). Leased to Nov 2029 with Dormitory approved.
- Price: $10,500,000
- Land: 4,6xx sf · Built-up: 7,6xx sf
- $2,236 psf on land · $1,366 psf on built-up
- Freehold · B1 industrial · GPR 2.0, up to 4 storeys
- Rent: (3-year lease to end of 2029)
- Gross yield: 2.51% on revised rent
- Freehold land, so no lease decay, unlike most JTC industrial stock
- Priced below recent Sindo landed transactions (up to $2,742 psf on land, URA caveats 2025)
- About 1,700 sf of unused GFA for a partial 4th storey (subject to approvals)
- Current use includes an ancillary 48-bed workers' dormitory (approvals to be verified)
- No ABSD. Can be bought under a company
- ~700 m to Lentor MRT (TEL). Quick access to YCK Road, SLE and CTE
- Next to Lentor Hills, with 3,400+ new homes
Suits investors holding for the long term, family-wealth buyers, and SME owners planning to occupy after 2029.
Full investment report available: tenancy, financing and GFA analysis.
All details subject to buyer verification.
Call/WhatsApp Kevin: 9847 XXXX
Kevin Ng | District Direct
Huttons Asia Pte Ltd | CEA R000620G | L3008899K
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