Singapore

2-Storey Prime Industrial Property With Redevelopment Potential at 1 Tuas Link 4 for Sale

January 9, 2025

Associated Contact

Melvin Lin

Head of Marketing & Communications, Singapore

Photo of melvin-lin

Associated Contact

Singapore, 9 January 2025 – CBRE has been appointed as the exclusive marketing agent for the sale of a two-storey industrial building located at 1 Tuas Link 4. Priced at approximately S$55 million, the sale will be conducted via a private treaty.

Situated on a plot of land measuring 307,420 square feet with a remaining lease tenure until 2055, this industrial property offers a total gross floor area of approximately 302,458 square feet. Designated as “Business 2” according to the Master Plan and approved by JTC with a plot ratio of 2.5, this site allows for a potential built-up area of approximately 768,550 square feet, offering an additional 466,092 square feet of untapped plot ratio.With a 31-year lease remaining, this site presents strong value in today’s market with significant redevelopment potential.

The two-storey industrial building features ceiling heights of 5.8 metres on the first level and 6.6 metres on the second level. Production areas benefit from a floor loading capacity ranging from 7.5 kN to 100 kN. Equipped with a contracted power supply capacity of 2000 kW, the building is supported by four high tension transformers of 2 MVA each. Additionally, the site includes seven loading docks, 66 surface car lots, and a canteen, ensuring ample facilities for various industrial needs.

The property is well-served by major expressways such as the Ayer Rajah Expressway (AYE) and Pan Island Expressway (PIE), and is approximately a 10-minute walk from Tuas West Road MRT station on the East-West Line. This excellent connectivity enhances the property's appeal for logistics and manufacturing operations.

Strategically positioned, the site caters to the growing demand from sectors such as data centres, in line with the Infocomm Media Development Authority’s (IMDA) plan to allocate capacity to green data centre operators. Additionally, it is well-suited for precision engineering and other high-growth sectors looking to establish a presence in Singapore’s western region.

Completion of the sale is expected with vacant possession by March 2027, providing ample time for redevelopment planning and customisation to meet specific industrial needs.

1 Tuas Link 4

Mr Graeme Bolin, Head of Occupier and Leasing, Industrial and Logistics Services, expressed his optimism, stating, “The industrial property market continues to show resilience and strong demand, driven by robust manufacturing output and export growth. The site at 1 Tuas Link 4 presents a unique opportunity for investors and owner-occupiers to acquire a property with significant redevelopment potential in a strategic location.”

He added, “With its excellent connectivity to major expressways and proximity to key industrial hubs, this property is ideally positioned to support a wide range of industrial activities, including logistics, manufacturing, and data centre operations. The flexibility and potential for redevelopment make it a highly attractive investment.”

About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2024 revenue). The company has more than 140,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves clients through four business segments: Advisory (leasing, sales, debt origination, mortgage servicing, valuations); Building Operations & Experience (facilities management, property management, flex space & experience, digital infrastructure services); Project Management (program management, project management, cost consulting); Real Estate Investments (investment management, development). Please visit our website at www.cbre.com.