Terraced factory at Loyang Way for sale at $4.5 mil

A factory terraced with a notable frontage located at 53 Loyang Way in Singapore is up for grabs at an attractive price of $4.5 million. ERA Realty Network is the exclusive agent managing the sale of the property.

Situated in a 15,083 square feet site, it has a remaining tenure of 29 years with Business 2 industrial zoning approved by Master Plan 2019. The two-storey building has a generous built-up area of 16,604 square feet and comes with a fully-equipped meeting room, a production/storage area including a mezzanine floor, five sheltered parking spots, a loading dock and offices with partitioned spaces.

The sale of the property is subject to JTC’s approval. With an expansive floor space and a long lease tenure of 29 years, it is suitable for prospective businesses with long-term prospects says Desmond Lim, Director and Head of Workspaces, ERA Capital Markets and Investment Sales. He also adds that there is a maximum permissible floor area that is still untapped.

Accessibility to this property is easy with the Tampines Expressway, Kallang Paya Lebar Expressway and Pan-Island Expressway. The property is also conveniently surrounded by eateries and amenities.

Orchard Boulevard MRT Condo residents can enjoy the abundant convenience of being surrounded by luxury shopping, dining and entertainment. With direct access to ION Orchard, ranked as the world’s 3rd most visited shopping mall, residents will be spoilt for choice when it comes to lifestyle activities. Furthermore, proximity to Orchard Boulevard MRT station complements the convenience for residents, allowing them to travel to the Central Business District and Marina Bay Financial Centre with ease.

The property is up for sale by expression of interest which closes on September 7, so hurry and grab this lucrative deal!