Dormitory usage approved! B2 industrial in Eastern/Central Singapore!
$9,200,000
17,136 sqft $537 psf
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PinterestAble To Subdivide 1 Title To 5 Strata Titles!
Very Rare, multi purposes B2 Building. No ABSD!
Obtained authority’s no-objection to sub dividing 1 title deed to 5 strata titles!
5 stories high, URA approved Dormitory, SFA approved Food factory for sale!
Approvals just obtained from SFA and URA! Enjoy naming rights to the building!
1 Min walk to Kaki Bukit MRT Station!
Own usage or for rental yield (possibly more than 7%/year!
Cargo and passenger lifts done!
No wasted spaces/columns! Regular shaped building!
Just got approval for workers’ dormitory for up to 50 workers! Currently beds are going up to $550/bed due to a chronic shortage of workers’ dormitory!
Rental of food factory has reached a record high of $5.5psf in Pandan Loop!
Great investment for end user or investor!
End users: Works out to be only $1.68/month for a food factory (Vs up to $5.5psf in the market now). End users won’t be subjected to rental inflation!
Investors: reap at least 7% rental yield/year if investors rents it out to food operators!
Other Unique selling points of this building:
- Corner unit with dual side for corporate visibility, full naming rights to building
- 40ft access with ample carpark for cars
- Tallest building with highest GFA. Realistic potential for plot ratio increase once Paya Lebar air base gets repurpose to residential.
- Windows on 3 sides of building for maximum lighting/ventilation
- Regular shaped layout for efficient interior design
- Approved for all B1 usages!
- Only building in the precinct to be approved as a Food Factory and 49% workers’ dormitory!
- Selling within Bank's valuation!
Haden Hee
(#R041292B)
