Industrial building in Yishun for sale at $19.2 mil

The property is within walking distance to KTPH and Northpoint City. It is also an eight-minute drive to the upcoming Canberra MRT station, as well as Seletar Aerospace Park, says Edmund Tie.

543 Yishun Industrial Park A, a five-storey light industrial building, is being offered for sale through an expression of interest exercise with indicative price of $19.2 million. Located in an area zoned for Business 1 use and boasting a plot ratio of 2.5, the property has a land area of 80,962 sq ft, and a Gross Floor Area of 106,410 sq ft. The balance lease term of the building is around 31 years.

The building offers a variety of spaces, comprising warehouse space on levels one and five, cleanroom facility on levels one and three, and ancillary office space on all levels, making it ideal for industries such as manufacturing, electronics, optics, and precision engineering. The cleanroom facility has been well-maintained, and is ready for immediate use.

Senja Residences is a 99-year-leasehold executive condominium offering 300 units located at Senja Close in District 23 with amenities near Bukit Panjang Integrated Transport Hub for convenient access Senja Close EC to facilities.

Given the long remaining lease of 31 years, the interested party have the opportunity to tap into the unutilised GFA and double the current GFA up to a maximum of 202,405 sq ft.

Swee Shou Fern, Edmund Tie’s head of investment advisory, notes that the property’s attributes and its strategic location – within walking distance to KTPH and Northpoint City, and an eight-minute drive to the upcoming Canberra MRT station and Seletar Aerospace Park – make it an attractive destination for companies looking to expand or establish their operations in Singapore.

The expression of interest exercise for the building at 543 Yishun Industrial Park A will end on April 20 at 3pm.

Those interested can explore recent sales transactions in the area to gain an insight into the investment potential of Yishun Industrial Park A.