Three Tuas South Industrial Properties Sale 36 Mil
A trio of industrial properties in the bustling Tuas South industrial hub is now available for purchase through an expression of interest (EOI) exercise with a guide price of $36 million. This unique opportunity, exclusively marketed by JLL Singapore, presents potential buyers with the option to purchase the three sites together or separately at $12 million each.
With a designated Business 2 use and a plot ratio of 1.0, these properties are ideal for warehousing, construction crane storage, and freight transportation services. Each site also boasts high-ceiling structures with overhead cranes and expansive land for seamless heavy vehicle traffic.
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Situated at 9 Tuas South Street 9, 10 Tuas South Street 10, and 11 Tuas South Street 9, these properties are strategically located in the heart of Tuas South. The first site, occupying over 90,000 sq ft of land with a GFA of 65,000 sq ft, features a three-story detached factory with an ancillary office and a single-floor loading area. This property comes with a remaining private leasehold of roughly 11 years.
Adjacent to the aforementioned property is the 11 Tuas South Street 9 industrial site, which comprises a two- and three-story single-user general industrial detached factory. Covering an area of over 90,000 sq ft, this site has a built-up area of nearly 65,000 sq ft and also has a remaining private leasehold of around 11 years. Both of these sites can be leased out, as they are not under the purview of the JTC.
The third property, located at 10 Tuas South Street 10, includes a four-story and single-story factory building, as well as temporary ancillary workers’ dormitories that are approved until December 2026. Spreading over a land area of 130,000 sq ft and a GFA of 77,000 sq ft, this site is currently under a JTC leasehold with a balance lease term of about 11 years.
Tan Boon Leong, the Executive Director of Logistics and Industrial at JLL Singapore, points out that these properties are ideally suited for end-users looking for space to conduct general Business 2 industries. This is expected to be in high demand with the relocation of the Pasir Panjang port to Tuas South, making it an excellent opportunity for businesses in the construction sector.
As the demand for non-JTC properties continues to grow, these sites in Tuas South stand out for their prime location, easy access to transportation networks, and potential for a wide range of businesses. Interested parties can submit their expressions of interest by October 10 at 3pm. So why wait? Contact us now to secure this once-in-a-lifetime opportunity in Tuas South.