Private treaty sale of 57 strata titled industrial units at Citilink Warehouse Complex
The project is similarly outright opposite the PSA Pasir Panjang Terminals and also 500m from Pasir Panjang MRT Station on the Circle Line. It is attached to primary expressways like Ayer Rajah Expressway, West Coast Expressway, Keppel Viaduct, also the Marina Coastal Expressway.
“Freehold strata commercial units at excellent places are surely demanded,” says Poh, including that the closeness to the Pasir Panjang Terminal and various highways add to the allure of the venture. Cushman & Wakefield also agented the sale of five ground-floor units at Citilink for $9.83 million to an one buyer.
Citilink Warehouse Complex is an eight-storey twin-building industrial innovation that is zoned Business 1 within the master plan. The 57 strata units are primarily on the mid- to high grounds, including the top 4 floors in one of the blocks. This provides a customer with the versatility to invest in individual or several units, or entire grounds.
The strata units available for sale range from 947 sq ft for the least solo unit, to 20,046 sq ft for an entire level. According to Cushman & Wakefield, there is an early bird discount rate, with rates ranging from less than $1 million for the tiniest unit to about $20 million for the complete floor.
The industrial property has actually been built with strong specs, integrating well-considered traffic furthermore commodities management, adequate carpark locations, high floor-to-ceiling clearance, and floor loading considerations.
Fifty-seven real estate industrial units at Citilink Warehouse Complex in Pasir Panjang will be marketed by private arrangement on Aug 14, according to Cushman & Wakefield that is marketing the property.
“Just before this strata transaction release, we have actually obtained queries from financiers and even end-users revealing curiosity to buy possibly individual or several units,” claims Shaun Poh, executive director of financing markets at Cushman & Wakefield.
