URA B2 Dormitory/ Factory & Office
* Singapore's Hi Tech Corridor : Woodlands Regional Centre - Key Commercial Hub, URA Master Plan 2019
* Government Development Hyperlink: https://www.ura.gov.sg/Corporate/Land-Sales/Sites-For-Application/Woodlands-Avenue-2. Earmarked as the High Tech Corridor of Singapore for the next 20 years.
* URA Tenure: 30 years, approximately balance 18 years, plot ratio revised to 2.0 from 1.0 option to negotiate lease renewal after 2022 subject to condition
* Total annual rental income $ 2,200,000
* Gross Return on Investment = 9.5% per year, a Great Investment Property
* Purpose Built: Mixed use industrial B2 factory 3 in 1, B2 industrial factory, Offices and Dormitory
* Eligible: Foreigner, PR or Company can own, No ABSD & No SSD
* URA property: Advantage, no monthly land rent to pay
* Star Asset: 3rd floor Dormitory with 670 beds, 2 toilets built in per room
* Master Tenant: Lease and Operates the Dormitory
* 2nd Floor offices, fully tenanted, manage by owner
* 1st Floor: Showroom, canteen, carpentry workshop and others
* Property is owned by an Investment Holding Company, advantageous for buyer to take over the Holding Company.
* Advantage of taking over Holding Company 1) save ownership transfer Stamp Duty 3% = $750,000 and 2) GST 7 % = $1,750,000
* Holding Company's annual Gross Profit approximately $1,000,000 after deducting monthly loan repayment to the Bank
* Convenience: This property is located besides the main road and a short distant to Woodland North MRT Station.
* Strategically located: Direct link to Rapid Transit System link to Malaysia from Woodlands in the near future
* Rare Opportunity: Singapore's hidden gem
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