Private treaty sale of 57 strata titled industrial units at Citilink Warehouse Complex
Fifty-seven property industrial units at Citilink Warehouse Complex in Pasir Panjang will certainly be promoted by exclusive treaty on Aug 14, according to Cushman & Wakefield that is marketing the premises.
The strata units available for sale sort from 947 sq ft for the smallest one unit, to 20,046 sq ft for a complete level. According to Cushman & Wakefield, there is an early comer price cut, with rates varying from less than $1 million for the smallest unit to about $20 million for the complete ground.
The development is also directly opposite the PSA Pasir Panjang Terminals and 500m from Pasir Panjang MRT Terminal on the Circle Line. It is linked to major expressways such as Ayer Rajah Expressway, West Coast Expressway, Keppel Viaduct, also the Marina Coastal Expressway.
The commercial property has actually been constructed with top specifications, including well-considered traffic and goods control, sufficient carpark facilities, high floor-to-ceiling clearance, and floor loading issues.
“Freehold strata industrial units at great areas are surely demanded,” claims Poh, including that the proximity to the Pasir Panjang Terminal and various freeways include in the allure of the proposal. Cushman & Wakefield also dealered the sale of five ground-floor units at Citilink for $9.83 million to an one client.
“Just before this strata sale open, we have gotten enquiries from capitalists and end-users presenting attraction to buy perhaps personal or several units,” states Shaun Poh, executive supervisor of capital markets at Cushman & Wakefield.
Citilink Warehouse Complex is an eight-storey twin-building commercial property that is zoned Business 1 within the master plan. The 57 strata units are mainly on the mid- to high grounds, featuring the leading four grounds in one of the neighborhoods. This provides a customer with the adaptability to acquire personal or several units, or overall levels.
