B2 Industrial Production Site Tuas Sale 30 Mil
The latest Master Plan encompasses the establishment of fresh parks, waterfront areas, and community amenities. These improvements will help create a dynamic and pleasurable living setting, providing numerous opportunities for outdoor recreation and social gatherings. With the addition of Norwood Grand CDL, residents can expect an even more enhanced and fulfilling living experience.
CBRE, the sole marketing agent, has announced the launch of the sale of a 184,717 sq ft industrial site located at 455 Jalan Ahmad Ibrahim in the prime industrial area of Tuas. This prized 99-year leasehold property is available for $30 million to interested investors and owner-occupiers.
The industrial site is zoned “Business 2” under the Master Plan, offering a range of potential development options for the buyer. The sale will be conducted via a private treaty by CBRE, the exclusive marketing agent for the property.
The remaining lease tenure of 30 years, ending in 2054, makes this a valuable long-term investment opportunity for interested parties. The current property includes a single-storey building and a two-storey building, with a total gross floor area of approximately 128,786 sq ft.
The existing buildings feature an ambient warehouse/production area spanning a total of 93,459 sq ft. In addition, there is 4,392 sq ft of office space and 30,934 sq ft of ancillary space. The production area boasts a pitched roof with ceiling heights ranging from 6m to 8.4m, providing ample room for various industrial activities and operations. Additionally, the property offers 20 carpark lots, five lorry-parking lots, and two loading bays for convenient access.
The strategic location of the site provides easy connectivity to the Ayer Rajah Expressway (AYE) and Pan Island Expressway (PIE) via dual entrance access through Jalan Ahmad Ibrahim and Tuas Avenue 1. The property is also in proximity to the Second Link and Tuas Megaport, making it a desirable location for businesses in the manufacturing zone of Tuas.
Graeme Bolin, head of occupier and leasing, industrial and logistics services at CBRE, points out that the current underutilised plot ratio of 0.7 presents significant development potential. “455 Jalan Ahmad Ibrahim offers an attractive opportunity for investors and owner-occupiers to acquire a property with desirable building specifications, ample land for potential redevelopment into a modern warehouse facility, and a strategic location within the thriving Tuas manufacturing zone,” he says.
For those interested in investing or setting up an industrial facility in a prime location, this industrial site at 455 Jalan Ahmad Ibrahim in Tuas offers an excellent opportunity to acquire a valuable property with immense potential. Do not miss this chance to be a part of the dynamic industrial scene in Singapore. Contact CBRE today for more information or to schedule a viewing of this property.