8-Storey Freehold B1 Industrial Building at 10 New Industrial Road for Sale at $80 Million

Singapore – 16 October 2025 – CBRE, as the exclusive marketing agent, is offering an exclusive opportunity to acquire a premium freehold industrial property located at 10 New Industrial Road, in Singapore’s city-fringe District 19.

With an asking price of S$80 million, the sale will be conducted via a private Expression of Interest (EOI) exercise, which closes on Thursday, 6 November at 3pm.

Situated on a land area of approximately 30,220 square feet, the property comprises a gross floor area of approximately 75,261 square feet. According to the Master Plan 2019, the site is zoned “Business 1” with a permissible plot ratio of 2.5, allowing for efficient industrial use including manufacturing and R&D activities.

The building features high floor-to-floor heights of up to 5.7 metres, strong floor loadings, and dual incoming 1,200A power supplies, supporting a wide range of industrial operations. It also offers 40-foot container accessibility and approximately 40 parking lots across basement and surface levels, ensuring operational efficiency and convenience.

Unlike most industrial properties in Singapore which are leasehold, 10 New Industrial Road offers perpetual freehold tenure. This provides long-term security of ownership and capital preservation, insulating owners from lease decay and enhancing the asset’s potential for sustained capital appreciation. In Singapore’s increasingly tight industrial land supply environment, freehold industrial assets are highly sought after for their rarity and stability.

The property enjoys excellent connectivity, being within walking distance of Bartley MRT station and offering seamless access to major expressways including Airport Road and the Kallang-Paya Lebar Expressway (KPE). Its strategic location supports efficient logistics, workforce mobility, and supply chain operations, which are key considerations for industrial occupiers.

Located within a growing city-fringe industrial district, the asset appeals to both investors seeking stable, long-term income streams and owner-occupiers looking for a premium turnkey facility.



Mr Graeme Bolin, Head of Occupier and Leasing, Industrial and Logistics Services, Singapore at CBRE, says, “The combination of freehold tenure, prime city-fringe location, superior building design, and modern high-spec industrial features makes 10 New Industrial Road a standout offering in Singapore’s industrial market. At an asking price of S$80 million, this represents a compelling investment with significant benefits from its freehold status for discerning industrial users and investors looking to future-proof their portfolio.”