Private treaty sale of 57 strata titled industrial units at Citilink Warehouse Complex
The industrial premises has been constructed with strong specifications, consisting of well-considered traffic and supplies management, ample carpark facilities, high floor-to-ceiling space, and even ground loading considerations.
The development is similarly directly opposite the PSA Pasir Panjang Terminals as well as 500m from Pasir Panjang MRT Terminal on the Circle Line. It is connected to primary expressways like Ayer Rajah Expressway, West Coast Expressway, Keppel Viaduct, together with the Marina Coastal Expressway.
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 levels, consisting of the top four levels in among the blocks. This offers a customer with the adaptability to purchase private or several units, or entire grounds.
The strata units up for sale sort from 947 sq ft for the most basic one unit, to 20,046 sq ft for a complete level. According to Cushman & Wakefield, there is an early bird discount rate, with costs stretching from less than $1 million for the minimum unit to around $20 million for the complete level.
“Freehold strata commercial units at great places are surely searched for,” says Poh, incorporating that the proximity to the Pasir Panjang Terminal and also different highways contribute to the look of the project. Cushman & Wakefield also agented the sale of five ground-floor units at Citilink for $9.83 million to a solo purchaser.
“Prior to this strata deal open, we have obtained enquiries from financiers and end-users presenting interest to buy both personal or numerous units,” states Shaun Poh, executive head of capital markets at Cushman & Wakefield.
Fifty-seven property industrial units at Citilink Warehouse Complex in Pasir Panjang will certainly be offered by nonpublic arrangement on Aug 14, according to Cushman & Wakefield which is marketing the property.