Private treaty sale of 57 strata titled industrial units at Citilink Warehouse Complex
The project is even directly opposite the PSA Pasir Panjang Terminals as well as 500m from Pasir Panjang MRT Terminal on the Circle Line. It is linked to main expressways like Ayer Rajah Expressway, West Coast Expressway, Keppel Viaduct, also the Marina Coastal Expressway.
“Freehold strata industrial units at good areas are very well searched for,” says Poh, incorporating that the closeness to the Pasir Panjang Terminal and numerous highways add to the allure of the project. Cushman & Wakefield additionally brokered the sale of five ground-floor units at Citilink for $9.83 million to a solo purchaser.
Fifty-seven property industrial units at Citilink Warehouse Complex in Pasir Panjang will be marketed by exclusive negotiation on Aug 14, according to Cushman & Wakefield which is marketing the commercial property.
The commercial establishment has actually been built with high specs, including well-considered traffic furthermore commodities control, enough carpark locations, elevated floor-to-ceiling allowance, plus level loading issues.
The strata units up for sale range from 947 sq ft for the most basic one unit, to 20,046 sq ft for an overall floor. According to Cushman & Wakefield, there is an early bird price cut, with costs stretching from less than $1 million for the tiniest unit to about $20 million for the entire ground.
Citilink Warehouse Complex is an eight-storey twin-building industrial property that is zoned Business 1 following the master plan. The 57 strata units are mainly on the mid- to high floors, featuring the leading 4 floors in one of the neighborhoods. This gives a customer with the flexibility to invest in private or numerous units, or entire levels.
“Prior to this strata sale open, we have actually obtained enquiries from capitalists along with end-users revealing rate of interest to buy either individual or multiple units,” claims Shaun Poh, executive supervisor of financing markets at Cushman & Wakefield.
