Mandai food factory site for sale at $90 mil

The sale of a freehold food factory site located at 2C Mandai Estate is up for grabs with an indicative price of $90 million. Cushman & Wakefield, the marketing agent for the site, are anticipating robust and fast-expanding demand for food factories with essential amenities.

With an estimated land area of 50,630 sq ft, the corner plot is zoned Business 2 with a gross plot ratio of 2.5, potentially yielding a gross floor area of 126,575 sq ft. Additionally, the land rate stands at $738 psf per plot ratio and land betterment charges, estimated at $3.4 million, are to be included in the price tag.

The property is conveniently situated a few minutes from Woodlands Checkpoint, allowing for seamless and speedy deliveries of resources and logistics from Malaysia.

Small to mid-sized developers are expected to show great interest in the site as well as end-users from the food manufacturing industries looking to set up their corporate headquarters in Singapore.

Christina Sim, Senior Director of Capital Markets from Cushman & Wakefield has this to say: “We envisage that the property is likely to attract strong interest from small to mid-sized developers as well as end-users from the food manufacturing industries looking to set up their corporate headquarters in Singapore.”

The tender for the site is set to close on October 10th at 3pm.

A freehold development site for a food factory is now being offered in a tender with an indicative price of $90 million. Situated at 2C Mandai Estate, the corner plot has an estimated land area of 50,630 sq ft and falls within the Mandai Industrial Estate Food Zone – one of the few limited freehold sites up for sale.

It is also close to the Bukit Panjang Plaza, offering residents immediate access to a range of shopping, dining, and leisure options. The Bukit Timah Nature Reserve is also a short drive away, offering a serene escape from the hustle and bustle of city living.
Senja Close EC Bukit Panjang is perfect for those looking for a comfortable lifestyle with high-end amenities. Residents enjoy access to communal facilities like a swimming pool, gym, BBQ area, and a children’s playground. The security of the development is also top-notch, with 24-hour patrols, CCTV surveillance, and keycard access.
Families will love living in Senja Close EC Bukit Panjang, with ample amenities and facilities available for all ages. With its convenient location and excellent facilities, Senja Residences EC provides the perfect urban retreat.

This property is ideal for those looking to set up their corporate headquarters in Singapore, as it offers a gross floor area of 126,575 sq ft with a gross plot ratio of 2.5. The land rate of $738 psf per plot ratio already includes land betterment charges estimated at $3.4 million.

The site is also conveniently located a few minutes away from Woodlands Checkpoint, allowing quick and efficient delivery of resources and logistics from Malaysia – a key factor for food manufacturing businesses.

Small to mid-sized developers as well as end-users from the food manufacturing industries will likely find this an attractive opportunity. In the words of Senior Director of Capital Markets at Cushman & Wakefield, Christina Sim: “We envisage that the property is likely to attract strong interest from small to mid-sized developers as well as end-users from the food manufacturing industries looking to set up their corporate headquarters in Singapore.”

Act fast as the tender for the site is ending soon on October 10th at 3pm.