Asking Price
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Year Built 1997
Tenure Type Leasehold
Building Area
Land Area ()

Property Description

JLL is pleased to offer for sale a two story factory with a mezzanine level. The warehouse/production areas have high ceiling height and large floor plate. The site gives industrialists a free hand to handle heavy equipment unlike the restrictive regulations around light-industrial estate.

Located within an established industrial estate and close to housing estate, it is well-connected via major roads and Ayer Rajah Expressway and Pan Island Expressway. It is also within walking distance to the Joo Koon MRT Station, where the new Hub is located. The Second Link and Iskandar Region are also easily accessible.

Investment Highlights


  • Site is zoned heavy industry, B2
  • Balance lease term of more than 30 years
  • Industrialists have to bid for well contested Government land sale sites
  • Opportunity for corporates and other enterprises to expand base
  • Gross floor area could be maximized


 

 

Last Updated Date: 02 Nov 2020
Nicholas Ng
Nicholas Ng
Senior Director, Capital Markets
License details
R021984G

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Last Updated Date: 02 Nov 2020

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