Private treaty sale of 57 strata titled industrial units at Citilink Warehouse Complex
Fifty-seven real estate industrial units at Citilink Warehouse Complex in Pasir Panjang will certainly be offered by private negotiation on Aug 14, according to Cushman & Wakefield that is marketing the premises.
“Prior to this strata deal launch, we have received enquiries from financiers and end-users showing curiosity to buy either individual or multiple units,” claims Shaun Poh, executive director of investment markets at Cushman & Wakefield.
“Freehold strata commercial units at excellent locations are pretty much sought after,” claims Poh, including that the closeness to the Pasir Panjang Terminal and numerous freeways include in the look of the venture. Cushman & Wakefield additionally brokered the sale of 5 ground-floor units at Citilink for $9.83 million to a solo client.
The project is similarly outright opposite the PSA Pasir Panjang Terminals as well as 500m from Pasir Panjang MRT Station on the Circle Line. It is linked to primary expressways like Ayer Rajah Expressway, West Coast Expressway, Keppel Viaduct, and the Marina Coastal Expressway.
The strata units available range from 947 sq ft for the most basic single unit, to 20,046 sq ft for an overall floor. According to Cushman & Wakefield, there is an early bird price cut, with rates ranging from less than $1 million for the smallest unit to around $20 million for the full ground.
Citilink Warehouse Complex is an eight-storey twin-building commercial innovation that is zoned Business 1 within the master plan. The 57 strata units are mainly on the mid- to high floors, including the leading four floors in among the neighborhoods. This gives a customer with the flexibility to buy private or numerous units, or entire grounds.
The commercial premises has actually been built with high specs, including well-considered traffic also commodities control, enough carpark spaces, high floor-to-ceiling allowance, and even floor loading concerns.