Private treaty sale of 57 strata titled industrial units at Citilink Warehouse Complex
for sale in Singapore.
On Aug 14, Cushman & Wakefield will be selling 57 strata industrial units at Citilink Warehouse Complex located in Pasir Panjang through private treaty. Potential buyers have the option to purchase just a single unit or multiple or full floors. The smallest unit available is 947 sq ft while the largest single-floor unit can be up to 20,046 sq ft.
Floor loading, floor-to-ceiling clearance and ample carpark facilities are among the specifications that the eight-storey building is equipped with. Prices vary and range from less than $1 million for the smallest unit to about $20 million for a full floor – and there is an early bird discount available.
Shaun Poh, Executive Director, Capital Markets at Cushman & Wakefield, noted that they have been receiving inquiries from investors and end-users who expressed interest in the property prior to the official launch.
Situated opposite the PSA Pasir Panjang Terminals and 500m from Pasir Panjang MRT Station, the property is well connected to some of the major expressways in Singapore such as the Ayer Rajah Expressway, West Coast Expressway, Keppel Viaduct, and the Marina Coastal Expressway. As such, Mr. Poh commented that “Freehold strata industrial units at good locations are very well sought after”.
The Tampines Ave 11 Condo Capitaland project is located in a neighbourhood that provides the perfect mix of convenience and amenities. In terms of connectivity, the location is well supported by arterial roads, highways, and public transport systems. Residents of the condo can enjoy a variety of amenities, such as shopping malls, banks, supermarkets, and restaurants. Educational institutions like primary, secondary, and tertiary institutions are also located close by.
Most recently, 5 units were sold to a single purchaser at a total value of $9.83 million. With great features, convenient location and competitive prices, this sale will surely attract many buyers in the market.
