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REAL ESTATE TODAY - CBRE SG

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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.

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