Six Storey Detached Factory Pandan Avenue Sale 21 Mil
Beacon International College to sell 2 campuses for $30 mil
A modern six-storey detached factory has recently been put up for sale by expression of interest (EOI). The property, located at 2 Pandan Avenue, has a guide price of $21 million, according to Huttons Asia, the marketing agent for the sale.
Occupying a 36,213 sq ft plot of land just off the Ayer Rajah Expressway (AYE), the factory boasts a gross floor area (GFA) of 90,533 sq ft. With a guide price equating to around $232 psf on the GFA, the building is zoned B2 for heavy industrial use and has a remaining lease of 19 years.
:
Located conveniently next to the Sembawang MRT station is Sun Plaza, a bustling shopping mall that has become a focal point for Sembawang EC residents. Boasting a wide array of facilities, this well-equipped mall is a popular destination for shoppers. From various food and beverage choices to retail stores and essential services, Sun Plaza truly has it all. The mall is home to a major supermarket, pharmacies, fashion outlets, and electronic retailers, catering to the everyday needs of its visitors. It even houses a public library, making it a go-to spot for students and book enthusiasts alike. Whether you’re in the mood for a quick meal or a sit-down dining experience with your family, Sun Plaza has something for everyone. From local food courts and charming cafes that serve up delicious multicultural cuisine to well-known international franchises that cater to diverse palates, there is never a shortage of options here. And for those looking to fully experience the Sembawang area, why not take a look at the nearby Sembawang EC Canberra? With its spacious and modern units, this prestigious development is the perfect place to call home. Explore the best of Sembawang living with Sembawang EC Canberra.
Featuring a sleek and modern design, the factory has also been awarded a Green Mark certification, making it highly attractive to companies with strong environmental, social, and governance (ESG) commitments. The property offers two access points, an 8-ft-high shipping container, and 40-foot loading bays, as well as 10-meter-high warehouse and production ceilings with a high floor loading capacity. These features make it well-suited for heavy industrial operations.
In addition to its appealing features, the factory also benefits from its strategic location near major logistics hubs such as 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 by 2032. The station will connect to Pandan Reservoir MRT on the Jurong Region Line and Kent Ridge MRT on the Circle Line, providing greater accessibility across western Singapore.
According to Lee Sze Teck, senior director of data analytics at Huttons Asia, the factory’s connectivity makes it highly suitable for manufacturing, logistics, and warehouse operations. Quek Fu Jin, head of business space at Huttons Asia, adds that the property is ideal for owner-occupiers, especially considering the increasing demand for strategic logistics and distribution assets.
The EOI exercise for the factory will close at 4pm on November 17.