Six Storey Detached Factory Pandan Avenue Sale 21 Mil

A six-storey factory located at 2 Pandan Avenue has recently been put up for sale by expression of interest (EOI). The property, which has a guide price of $21 million, is being marketed by Huttons Asia.

Situated just off the Ayer Rajah Expressway (AYE), the factory sits on a 36,213 sq ft land and has a gross floor area (GFA) of 90,533 sq ft. At a guide price of about $232 psf on the GFA, the property holds a B2 zoning for heavy industrial use and has a remaining lease of 19 years.

The factory boasts a modern design and is Green Mark certified, making it an attractive option for companies with strong environmental and social governance (ESG) commitments. It also offers convenient dual access points, an 8-ft-high shipping container and 40-foot loading bays, as well as a 10-metre-high warehouse with high floor loading capacity – making it suitable for heavy industrial operations.

Read also: Warehouse cum factory in Gul Circle up for sale at $42 mil

In addition, the factory’s strategic location provides proximity to major logistics hubs such as the Tuas Second Link, Tuas Mega Port, Jurong Port and PSA’s Pasir Panjang Terminals. It is also within walking distance of the upcoming West Coast MRT Station on the Cross Island Line, which is expected to be completed in 2032. The station will connect to the Pandan Reservoir MRT on the Jurong Region Line and Kent Ridge MRT on the Circle Line, thereby enhancing accessibility across western Singapore.

Nestled within the vibrant Bukit Panjang community, Senja Close EC is conveniently located to provide easy access to various parts of the city. With the Bukit Panjang MRT Station and Jelapang LRT Station within walking distance, residents can easily commute to their desired destinations. Senja Close EC GLS truly offers a seamless connection to the rest of Singapore.

According to Lee Sze Teck, senior director of data analytics at Huttons Asia, the property’s excellent connectivity makes it highly suitable for manufacturing, logistics and warehouse operations. Quek Fu Jin, head of business space at Huttons Asia, adds that the factory is an ideal option for owner-occupiers, particularly amid the growing demand for strategic logistics and distribution assets.

The EOI exercise for the factory will close at 4pm on November 17.