Six Storey Detached Factory Pandan Avenue Sale 21 Mil
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Huttons Asia, a marketing agent, has launched a six-storey detached factory for sale at 2 Pandan Avenue through expression of interest (EOI) with a guide price of $21 million. The property, which is located near the Ayer Rajah Expressway (AYE), sits on a 36,213 sq ft plot and has a gross floor area (GFA) of 90,533 sq ft. This calculates to a guide price of about $232 psf on the GFA. The factory is classified as B2 for heavy industrial use and has a remaining lease of 19 years.
This modern factory boasts a sleek façade and is certified with a Green Mark, catering to companies with a strong commitment to ESG. It also offers two entry points, an 8-ft-high shipping container, 40-foot loading bays, as well as high ceilings of 10 metres for warehouse and production operations. With its high floor loading capacity, it is well-suited for heavy industrial activities.
In addition, the property is strategically located near major logistics nodes such as Tuas Second Link, Tuas Mega Port, Jurong Port, and PSA’s Pasir Panjang Terminals. Its convenient location also provides easy access to the upcoming West Coast MRT Station on the Cross Island Line, which is set to be completed in 2032. This station will connect to Pandan Reservoir MRT on the Jurong Region Line and Kent Ridge MRT on the Circle Line, enhancing accessibility across western Singapore.
Lee Sze Teck, the senior director of data analytics at Huttons Asia, says, “The connectivity of this property makes it highly suitable for manufacturing, logistics, and warehouse operations.” Quek Fu Jin, the head of business space at Huttons Asia, adds that this property is ideal for owner-occupiers, especially due to the increasing demand for strategic logistics and distribution assets.
The EOI exercise for the factory will close on Nov 17 at 4pm.