Industrial building on Toh Tuck Link for sale at $30 mil

Located in the Toh Tuck industrial estate, 7 Toh Tuck Link is an attractive proposition for investors and owner-occupiers as it offers a four-storey logistics building with ancillary office space. The 93,658 sq ft site zoned for Business 2 industrial use has a remaining leasehold tenure of 2056, and a gross floor area of approximately 140,250 sq ft.

The warehouse space is on the first to third levels and is partially air-conditioned, while the ancillary office space sits on the fourth level. It also comes with ten loading docks, as well as two five-tonne cargo lifts.

The property has an indicative price of $30 million and is expected to be sold via a private treaty.

Graeme Bolin, CBRE’s head of occupier and leasing, industrial and logistics services, highlights the advantages of the location: “with its strategic location and proximity to major manufacturing zones in Tuas, Jurong, Woodlands and Ang Mo Kio, 7 Toh Tuck Link presents a timely opportunity for investors and owner-occupiers alike.”

Bolin also notes that the nearby residential areas in Jurong East and Clementi are likely to provide a ready pool of workers for the property’s future occupants.

Industrial property demand in Singapore is robust and supply is tight, making the logistics building at The Myst 7 Toh Tuck Link an excellent investment opportunity. With its convenient location and facilities, the property is well-suited for a wide range of businesses.