Sumico Building

Overview

Sales

Rental

Surrounding

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Overview

Sales

Rental

Surrounding

More

Details

No data

*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on 3rd-party rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Description
Sumico Building is a leasehold (30+30 yrs from 1996, 30 yrs from 1996) industrial property. The development occupies a land area of 3,401 sqm and a Gross Floor Area of 5,442 sqm.

SUMICO BUILDING is located along Changi North Street 1 in Changi , in District 17. It is accessible through the nearest MRTs including Upper Changi DT34 and Tampines East DT33. Other nearby amenities include: 1 Grocerie: COLD STORAGE SINGAPORE (1983) PTE LTD, and 3 Shopping Mall(s): LIV@Changi, Tampines Mart, Komo Shoppes.

Based on transaction data in the last 12 months, the highest recorded transaction was S$ 343 psf in Nov 2016 for a 36,619 sqft unit for Factory (All Types). Its lowest recorded transaction was S$ 343 psf in Nov 2016 for a 36,619 sqft unit for Factory (All Types).

Buyers and tenants are attracted to District 17, which comprises of Changi and Loyang. These areas constitute industrial parks and a small portion of residential properties. Houses here are popular among those who are working at the nearby airport or industrial estates. Changi is an estate that is located at the easternmost part of Singapore. It is the home to one of the top airports in the world, Singapore Changi Airport. Other landmarks in the area include Changi Village and Changi Prison. Loyang is mainly zoned for industrial use and is sandwiched between Pasir Ris and Changi.

With a land area of 11,000ha, the East Region is the smallest and second most densely populated of the five regions in Singapore. The region is a key aviation hub, housing the Paya Lebar Air Base and Changi Naval Base. Major airlines such as Singapore Airlines, Scoot and Jetstar also has their head offices in the area. Other major economic activity includes manufacturing, with industrial estates in Bedok, Changi, Pasir Ris, Tampines and Paya Lebar. Changi Business Park also hosts a number of MNCs such as Standard Chartered and IBM. Going forward, the government has plans to create more semi-conductor and aviation-related jobs at Tampines North, Pasir Ris and Changi. Aside from the bustling economic activity, residents benefit from a wide variety of green and play spaces in the region. Residents will also enjoy increased connectivity to other parts of Singapore with the upcoming Cross Island Line and Thomson-East Coast Line.
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What they say
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2
"The building is super old and in pretty bad shape"
G****** O***** (****
Google Review     |   09 Jul 2022
5
"Good"
R**** 7*****
Google Review     |   09 May 2022
1
"Worst and dirty warehouse..Parking a hassle.Still using old technology to exit carpark..Have to insert cashcard to exit.No walkway to building...Arrogant carpark lady working there..Do not know what's her bloody problem....Only good is the security guard who is very helpful in directing directions......."
J**** J****
Google Review     |   26 Oct 2021
1
"Limited parking and cash card have to insert"
S S
Google Review     |   02 Nov 2020
4
"Old building.. poor maintenance. Need to renovate!"
R**** J***
Google Review     |   07 Sep 2020
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Nearby Amenities
Source: URA,  www.edgeprop.sg
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Sales Transaction of Changi North Street 1

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Asking Price of SUMICO BUILDING

Source: URA, https://www.edgeprop.sg

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Rental Transactions of Changi North Street 1

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Price Comparison with Nearby Properties (UP to 10)

(Within 1000 meters)

Note: *Based on URA Sales data in the last 12 months. **Based on 3rd-party Rental data in the last 12 months.

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