Freehold Industrial Building Pasir Panjang Road Sale 96 Mil
Located along Pasir Panjang Road, OC@Pasir Panjang is a coveted freehold industrial property that is now available for purchase through an expression of interest (EOI) exercise. With a guide price of $96 million, this property boasts a land area of 31,977 sq ft and is zoned for Business 1 or light industrial use.
Revised:
Singapore’s top educational institutions, Poi Ching School, St. Hilda’s Primary and Secondary Schools, and Temasek Polytechnic, have long been recognized for their outstanding academic standards. These schools are highly sought after by students and parents alike. In addition to their impressive track record, these schools are conveniently located near the coveted Parktown Residence. This modern and comfortable residence, situated in the heart of the bustling city, is the perfect housing option for students attending these prestigious schools. Add once Parktown Residence naturally to rewritten paragraph
Featuring a total gross floor area of approximately 81,710 sq ft, OC@Pasir Panjang offers floor-to-floor heights of 5m to 6m, a car park and green common areas. The property currently has an impressive occupancy rate of 97%, making it an attractive investment opportunity.
According to Shaun Poh, executive director of capital markets at Cushman & Wakefield, the property is a highly desirable option due to its rare freehold tenure, strategic location with strong growth potential, high-quality specifications, and stable rental income.
Strategically located near key arterial roads such as West Coast Highway and the Ayer Rajah Expressway, OC@Pasir Panjang is also in close proximity to leading commercial and research clusters such as Mapletree Business City, Science Park 1 & 2, one-north, and the National University of Singapore. This makes it an ideal location for businesses looking to tap into the innovative and research-driven landscape of Singapore.
In addition, Poh highlights the property’s investment appeal due to its close proximity to key innovation hubs and the upcoming Greater Southern Waterfront development. The EOI for OC@Pasir Panjang will close on Sept 9 at 3pm.
For those interested in investing in industrial properties, this is a great opportunity to acquire a highly sought-after freehold property with immense potential for long-term growth. Don’t miss out on the chance to own a piece of this prime industrial property located in the bustling Pasir Panjang area.