REAL ESTATE TODAY - CBRE SG
REAL ESTATE TODAY - CBRE SG
REAL ESTATE TODAY - CBRE SG
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
INDUSTRIAL & LOGISTIC SERVICES<br />
6<br />
Sale of prime industrial facility<br />
The Industrial & Logistic Services team has been appointed<br />
to market the sale of a ready-built industrial manufacturing<br />
facility located at Tuas Avenue 8. This corporate image<br />
facility which is zoned "Business 2", is very ideal for companies<br />
planning to house their regional headquarters cum<br />
manufacturing and distribution functions under one roof. It<br />
Sale of 3 Toh Guan Road East<br />
Capital values are growing moderately faster than rentals as industrial properties prove to be a<br />
viable investment option for investors.<br />
Bernard Goh<br />
Director, Industrial & Logistic Services<br />
The Industrial & Logistic Services team handled the sale of<br />
a single-storey purpose built warehouse building with a<br />
2-storey office annex at a sale price of $4.2 million. The<br />
is also very accessible via major expressways and has a very<br />
prominent road frontage to Ayer Rajah Expressway. The<br />
building has a gross floor area of approx 107,000 sq ft with<br />
an unexpired JTC Lease of 45 years.<br />
purchaser, Knight Auto Precision Engineering Pte Ltd,<br />
acquired the 38,126 sq ft development.