Wednesday, September 12, 2012

Two buildings for industrial use up for sale


SINGAPORE: Two buildings for industrial use have been put up for sale.

The industrial building at Jalan Kilang Barat, off Jalan Bukit Merah, sits on a site spanning 11,462 square feet (sq ft).

It has a gross floor area of about 28,560 sq ft and lettable area of approximately 26,700 sq ft.

The owners of the building are expecting a price of between S$20 million and S$22 million.

This works out to S$700 per square foot (psf) to S$770 psf of gross floor area and about S$750 psf to S$824 psf of the estimated lettable area.

The building, which was completed in 2010, has a lease of about 48 years left.

The other building is a 60-year leasehold strata-titled industrial development at 7 Gambas Crescent. It is to be completed by 2015.

The size of a typical column-free unit ranges from approximately 1,600 sq ft to 2,700 sq ft, with prices starting from S$350 per sq ft.

Named Ark@Gambas, the nine-storey light industrial building comprises 293 part-ramp-up and part-flatted factory units, with full-glass frontage and floor-to-floor height of up to seven metres for the ground-floor units.


Martin Koh | 86666 944 | R020968Z
Sherry Tang | 9844 4400 | R020241C
Senior Sales Director
Email: marshe_inc@yahoo.com.sg
DTZ Debenham Tie Leung (SEA) Pte Ltd (L3006301G)

| www.marshe.sg | www.marsheproperties.com.sg | www.hudcsg.blogspot.com |
| www.hausatserangoon.sg | www.8riversuites.com |

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