Private treaty sale of 57 strata titled industrial units at Citilink Warehouse Complex
Fifty-seven property industrial units at Citilink Warehouse Complex in Pasir Panjang will certainly be marketed by exclusive arrangement on Aug 14, according to Cushman & Wakefield which is marketing the premises.
The development is even outright opposite the PSA Pasir Panjang Terminals as well as 500m from Pasir Panjang MRT Station on the Circle Line. It is linked to primary expressways including Ayer Rajah Expressway, West Coast Expressway, Keppel Viaduct, together with the Marina Coastal Expressway.
“Before this strata transaction release, we have obtained queries from capitalists and even end-users showing attraction to purchase possibly individual or several units,” says Shaun Poh, executive supervisor of investment markets at Cushman & Wakefield.
The commercial building has been developed with high specs, integrating well-considered traffic also goods management, sufficient carpark spaces, high floor-to-ceiling allowance, and ground loading considerations.
The strata units up for sale variation from 947 sq ft for the most basic single unit, to 20,046 sq ft for a the entire level. According to Cushman & Wakefield, there is an early bird discount rate, with prices varying from less than $1 million for the smallest unit to around $20 million for the complete ground.
Citilink Warehouse Complex is an eight-storey twin-building commercial property that is zoned Business 1 within the master plan. The 57 strata units are mostly on the mid- to high grounds, consisting of the leading four grounds in among the neighborhoods. This provides a customer with the adaptability to buy personal or numerous units, or overall levels.
“Freehold strata commercial units at excellent sites are very well searched for,” claims Poh, adding that the distance to the Pasir Panjang Terminal including numerous freeways contribute to the look of the venture. Cushman & Wakefield also agented the sale of five ground-floor units at Citilink for $9.83 million to a single buyer.