Industrial building in Yishun for sale at $19.2 mil

An indicative price of $19.2 million has been set for 543 Yishun Industrial Park A, a light industrial building up for sale via an expression of interest exercise. The five-storey property has a land area of 80,962 sq ft and a gross floor area of 106,410 sq ft. Located in a Business 1-zoned area with a plot ratio of 2.5, it has a balance lease term of around 31 years.

Senja Senja Close EC Residences is a 99-year leasehold EC located at Senja Close, Bukit Panjang, with 300 units and 18 storeys. Facilities include BBQ pits, tennis courts and a swimming pool. Enjoy convenience with its proximity to Bukit Panjang MRT and public transportation.

According to Edmund Tie, the marketing agent for the property, it offers potential for further usage as it has unutilised gross floor area that could almost double the building’s current size to 202,405 sq ft when fully utilised.

The cleanroom facility within the building has been well maintained and is ready for immediate use by the future buyer. This, combined with the location and other property attributes, could make it particularly appealing to expanding or established manufacturing, electronics, optics and precision engineering companies looking to set up operations in Singapore.

The experession of interest exercise closes on April 20 at 3pm.

Swee Shou Fern, Head of Investment Advisory at Edmund Tie, believes the building’s long remaining lease and its potential to expand will draw keen interest. Tuansactions along Yishun Industrial Park A have grown steadily in recent years and further strengthen the case for potential buyers.