Private treaty sale of 57 strata titled industrial units at Citilink Warehouse Complex
Citilink Warehouse Complex is an eight-storey twin-building commercial innovation that is zoned Business 1 following the master plan. The 57 strata units are mostly on the mid- to high levels, consisting of the leading four grounds in among the blocks. This provides a customer with the versatility to acquire personal or several units, or overall levels.
“Just before this strata transaction start, we have gotten queries from investors and even end-users showing attraction to acquire either individual or multiple units,” states Shaun Poh, executive head of investment markets at Cushman & Wakefield.
Fifty-seven real estate industrial units at Citilink Warehouse Complex in Pasir Panjang will certainly be promoted by exclusive negotiation on Aug 14, according to Cushman & Wakefield which is marketing the property.
The project is similarly outright opposite the PSA Pasir Panjang Terminals and 500m from Pasir Panjang MRT Terminal on the Circle Line. It is connected to major expressways like Ayer Rajah Expressway, West Coast Expressway, Keppel Viaduct, also the Marina Coastal Expressway.
The commercial building has actually been developed with high specs, including well-considered traffic furthermore commodities management, ample carpark facilities, elevated floor-to-ceiling clearance, and level loading concerns.
The strata units available for sale sort from 947 sq ft for the least solo unit, to 20,046 sq ft for a the entire level. According to Cushman & Wakefield, there is a first on the scene discount, with rates varying from less than $1 million for the minimum unit to about $20 million for the whole ground.
“Freehold strata industrial units at excellent sites are very well sought after,” states Poh, including that the closeness to the Pasir Panjang Terminal and numerous highways include in the look of the proposal. Cushman & Wakefield also brokered the sale of 5 ground-floor units at Citilink for $9.83 million to a solo client.