Singapore
Industrial Properties at 6 Tuas South Street 11 and 21 Fan Yoong Road for Sale
September 12, 2024
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Head of Marketing & Communications, Singapore
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6 Tuas South Street 11
Situated on a land area of approximately 107,643 square feet with a remaining lease tenure of 11 years (20 years 6 months w.e.f 27 May 2015), this property offers a total gross floor area of approximately 104,287 square feet. The site is designated as “Business 2” with a permissible plot ratio of 1.0.
This 2-storey industrial building features a production area with a ceiling height of 13 metres on Level 1 and 12 metres on Level 2, along with ancillary office space with a ceiling height of about 3.5 metres. Designed to handle various industrial needs, the building boasts a floor loading capacity of 20 kN/sqm for production areas on Level 1, 15 kN/sqm for production areas on Level 2, and 16 kN/sqm for the rooftop. Equipped with four 30-tonne cranes and three 10-tonne cranes on Level 1, and three 10-tonne cranes on Level 2, the property caters for substantial lifting capabilities for heavy machinery and materials. Additionally, the power supply capacity of 400 Amp 3 Phase makes it ideal for a PPVC fit-out yard.
The site benefits from excellent connectivity to major expressways such as the Ayer Rajah Expressway (AYE) and Pan Island Expressway (PIE), and is approximately a 15-minute drive to Tuas Link MRT station.
Situated on a land area of approximately 60,799 square feet with a remaining lease tenure of 13 years (20 years w.e.f 16 November 2017), this property offers a total gross floor area of approximately 155,037 square feet. The site is designated as “Business 2” with a permissible plot ratio of 2.5.
This 9-storey general industrial building features a well-renovated ancillary office and a temporary ancillary workers’ dormitory for 40 workers. The office floors are fully renovated and equipped with a pantry, gym, lounge area, multiple director offices, and meeting rooms, making it suitable for use as a corporate headquarter. The production areas boast a generous ceiling height of approximately up to 13 metres on Level 1 and approximately up to 8 metres from Level 2 to Level 6 with a floor loading capacity of 25 kN/sqm, making it ideal for industrial operations and logistics storage. Extensive lifting capabilities are provided by two 20-tonne cranes on Level 1, three 10-tonne cranes per floor on Level 3 and 4, two 10-tonne cranes on Level 5, and one 10-tonne crane on Level 6. The power supply capacity of 1 MVA also supports high-power machinery and equipment.
The site benefits from excellent connectivity, being approximately 7 to 8 minutes away by car to Pioneer and Boon Lay MRT stations.
Mr Graeme Bolin, Head of Occupier and Leasing, Industrial and Logistics Services, Singapore, commented, “The industrial and logistics sector in Singapore continues to demonstrate resilience amidst economic uncertainties. Our recent reports indicate a steady demand for high-quality industrial facilities, driven by the need for modern transport networks and the increasing sophistication of logistics operations. Properties like 6 Tuas South Street 11 and 21 Fan Yoong Road offer strategic locations and robust infrastructure, making them ideal for businesses looking to upgrade their operations and enhance efficiency. We anticipate that the demand for such industrial spaces will remain strong, particularly as occupiers focus on cost-management and operational efficiency.”
Both properties are for sale via private treaty, with 6 Tuas South Street 11 available at an indicative guide price of $12.5 million, while 21 Fan Yoong Road is available at an indicative guide price of $35 million.
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.