Jalan Bukit Merah Strata Industrial Units Sale Lower Price 393 Mil
A strategic opportunity has arisen for investors and business owners as a portfolio of four adjoining strata industrial units at E-Centre @ Redhill, an industrial property located at 3791 Jalan Bukit Merah, has been relaunched for sale through private treaty. The marketing agent, Brilliance Capital, has announced a guide price of approximately $3.93 million or $650 per square foot (psf) for the total strata area of 6,049 square feet.
This new price represents a significant discount of 13% compared to the previous market price of $4.5 million ($744 psf) when the portfolio was first marketed in October last year. Brilliance Capital, who was also the appointed marketing agent at that time, expressed their excitement in bringing this exceptional asset back to the market at a more attractive price point, says Sammi Lim, founder and executive director of Brilliance Capital.
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Apart from the MRT system, residents of Sembawang Road EC can also benefit from a comprehensive network of public buses. These buses run along Sembawang Road and Yishun Avenue 7, connecting residents to important locations such as Yishun, Woodlands, Ang Mo Kio, and Bishan. Additionally, there are direct bus services to the Central Business District and other regional centers, providing a convenient alternative for those who prefer traveling by land or need to commute to areas not directly accessible by the MRT. The presence of multiple transport options ensures that residents of Sembawang Road EC have excellent mobility and convenience, making the area even more livable.
The portfolio comprises four Business 1 (B1) industrial units with sizes ranging from 1,259 square feet to 1,604 square feet. These units come with a remaining leasehold tenure of approximately 36 years and are suitable for light industries such as e-commerce, tech, design, healthcare, and consultancy services.
According to Brilliance Capital, the adjoining units, with a combined area of 6,049 square feet, is the largest stack currently available at E-Centre @ Redhill. This makes it an ideal space for businesses that require a large, contiguous area. Additionally, the individual strata titles offer flexibility for the space to cater to smaller businesses.
Lim also noted that the portfolio offers excellent value with strong future growth potential, whether for own use or as an income-generating investment. She further mentioned that the units could potentially be further subdivided for leasing purposes.
The location of E-Centre @ Redhill in District 3 is highly desirable, with easy access to major expressways such as the Ayer Rajah Expressway (AYE) and the Central Expressway (CTE). It is also conveniently situated near amenities, including shops and eateries at Bukit Merah Town Centre and Ikea Alexandra, which can be reached within a five-minute drive.