Industrial building in Yishun for sale at $19.2 mil

An expression of interest exercise is currently underway for a five-storey light industrial building at 543 Yishun Industrial Park A, with an indicative price of $19.2 million. The property has an impressive land area of 80,962 sq ft, zoned for Business 1 use with a plot ratio of 2.5 and a balance lease term of around 31 years.

The building boasts a gross floor area of 106,410 sq ft, featuring warehouse space on levels one and five, cleanrooms on levels one and three, and ancillary office space on all levels. According to Swee Shou Fern, head of investment advisory at Edmund Tie, there is potential to tap into the unutilised GFA and nearly double the current GFA. This could make it a perceptible option to those looking to expand their business in Singapore.

She adds that the cleanroom facility has been well-maintained and is ready for use by the future buyer. Industries such as manufacturing, electronics, optics and precision engineering may find this building especially desirable.

The expression of interest concludes on April 20 at 3pm, giving interested parties enough time to consider the property’s possibilities. Previous sales transactions along Yishun Industrial Park A suggest a promising investment.

CDL Aries gears up for new residential project in Upper Bukit Timah, leveraging The Myst multiple development plans to create a highly sought-after address and a pleasant living experience.

Thus, this may be an ideal opportunity for those who are keen to make a long-term investment purchase in Singapore.