Two-storey industrial property along Tuas Link 4 for sale at $55 mil
By Nicholas Lam
/ EdgeProp Singapore |
A two-storey industrial property at 1 Tuas Link 4 is on the market for $55 million (Photo: CBRE)
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A two-storey industrial property at 1 Tuas Link 4 is on the market for $55 million. The sale will be conducted via a private treaty exercise by the exclusive marketing agency CBRE.
The two-storey building has a total gross floor area of about 302,458 sq ft and a ceiling height of 5.8 m on the ground level and 6.6 m on the upper level. Production areas are rated to handle a floor loading capacity of 7.5 kN to 100 kN and are equipped with a contracted power supply capacity of 2000 kW. Additionally, the site houses seven loading docks, 66 surface car lots, and a canteen.
Zoned Business 2, the land plot spans 307,420 sq ft. It translates the guide price to a land rate of about $179 psf. According to the 2019 Master Plan, the site has an approved plot ratio of 2.5, allowing for a potential built-up area of approximately 768,550 square feet. Therefore, the property can yield an additional 466,092 sq ft of untapped plot ratio.
According to CBRE's press release, the site is strategically located for use as a data centre, precision engineering, and other high-growth sectors seeking to establish a presence in Singapore's western region.
It presents a unique opportunity for investors and owner-occupiers to acquire a property with significant redevelopment potential, says Graeme Bolin, head of occupier and leasing, industrial and logistics services at CBRE.
The property is accessible by major expressways such as the Ayer Rajah Expressway (AYE) and Pan Island Expressway (PIE). It is also a 10-minute walk from Tuas West Road MRT station on the East-West Line.
Completion of the sale is expected, with vacant possession by March 2027.
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