Rarely Available B2 Factory at Penjuru Lane for sales !!!
- Land size approx 105,000sqft
- Built up approx 48000sqft
- Plot Ratio 2.5 as per Master Plan 2014
- Land Rent 28k per month approx payable to JTC
-50m frontage x 200m depth
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Penjuru Lane is an area that is a cluster of high intensity factories, they are a very popular area for usage of B2 Industrial usage.
Nearest MRT locations are Clementi and access to public transportation is aplenty.
Currently a factory that specializes in Chemical and product semi processing, owner will be relocating to China for worthy business expansion plans.
Lease renewed in 2015 for additional 30 years!! with JTC , the eventual assignee or buyer can look forward to an optimal lease balance of minnimally 25 years for business usage at Penjuru Lane!
Recent transactions shows that there is a dearth of supply of serious sellers along Penjuru Lane, so this asset is a very valued preposition for business owners to move into or rebuilt to own specifications.
Wide frontage and long depth of almost 200m, keen parties will be able to plan for a variety of different specs and layout subject to JTC approval.
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For keen interest and enquiries ,
pls contact,
Alvin Choo HC
+65 9871XXXX
Division Director
ERA REALTY NETWORK PTE LTD