Private treaty sale of 57 strata titled industrial units at Citilink Warehouse Complex
The industrial building has actually been constructed with top specs, consisting of well-considered traffic and goods management, sufficient carpark facilities, elevated floor-to-ceiling allowance, plus level loading concerns.
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 grounds, consisting of the leading four grounds in among the neighborhoods. This supplies a purchaser with the versatility to invest in private or several units, or entire levels.
“Freehold strata industrial units at great places are pretty much searched for,” claims Poh, incorporating that the distance to the Pasir Panjang Terminal and different freeways add to the allure of the project. Cushman & Wakefield also brokered the sale of five ground-floor units at Citilink for $9.83 million to a solo client.
The development is even precisely opposite the PSA Pasir Panjang Terminals as well as 500m from Pasir Panjang MRT Station on the Circle Line. It is attached to main expressways like Ayer Rajah Expressway, West Coast Expressway, Keppel Viaduct, also the Marina Coastal Expressway.
The strata units for sale range from 947 sq ft for the least one unit, to 20,046 sq ft for a whole ground. According to Cushman & Wakefield, there is an early bird discount rate, with costs stretching from less than $1 million for the minimum unit to about $20 million for the full ground.
Fifty-seven property industrial units at Citilink Warehouse Complex in Pasir Panjang will be promoted by nonpublic arrangement on Aug 14, according to Cushman & Wakefield that is marketing the asset.
“Before this strata sale open, we have received enquiries from capitalists along with end-users presenting rate of interest to buy either individual or numerous units,” claims Shaun Poh, executive supervisor of investment markets at Cushman & Wakefield.