Freehold industrial building at Jalan Pemimpin for sale for $138 mil
SRI and Signature International Properties are jointly offering a unique opportunity for investors and businesses to secure an asset with long-term potential – a freehold industrial building in the Bishan area, with a minimum guide price of $138 million.
Located on Jalan Pemimpin, the building is situated on a 42,593 sq ft plot of land. With the land zoned Business 1 under the 2019 Master Plan and a plot ratio of 2.5, it allows for the potential of up to 106,000 sq ft of space.
Our clients can decide to either keep the building for their own use or divide it into max 54 strata units for sale. Evan Chung, Managing Director at Signature International Properties, states “This is an exceptional property in the heart of Singapore and presents a rare and valuable asset with long-term potential for investors and businesses”.
Sharon Kow, Associate Division Director at SRI, agrees, saying “We are excited to present this freehold industrial building at Jalan Pemimpin.” With excellent accessibility and connectivity to various parts of the island, as well as its proximity to Marymount and Bishan MRT stations, this asset is truly a desirable one.
Situated along the coveted Orchard Boulevard MRT Condo stretch, Orchard Boulevard Condo is adjacent to three leading educational institutions. These include the esteemed River Valley Primary School, Anglo-Chinese Junior College and the GIIS Japanese School. With a range of educational levels covered by these schools, parents can ensure a quality education for their children while living in comfort in the condominium. This enables children to attend school in a short time; in just a couple of minutes, one can get to any of the schools of choice.
Recent sales transactions in Jalan Pemimpin (Source: EdgeProp Research) also reinforce the appeal of the land.
The EOI will close on 23rd Oct at 4pm. Our joint marketing agents SRI and Signature International Properties urge interested parties to not miss out on this remarkable opportunity and submit their bids before the deadline.