Reuben
Knight Frank Singapore, the exclusive marketing agent, is currently holding an expression of interest for a high-quality warehouse and factory located at Gul Circle. This property is available for sale for a guide price of $42 million.
The building comprises of a five-storey single-user factory and warehouse, with an additional mezzanine of four floors. With a total gross floor area of approximately 245,955 square feet, the property sits on a sizable site of 105,648 square feet. It is currently a JTC leasehold with a remaining tenure of 15 years and 11 months, as of Feb 1. The site is zoned as a Business 2 site under the URA Master Plan 2019.
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According to Knight Frank Singapore, the property is designed to cater to modern industrial needs, with features such as high ceilings for storage and operations, as well as cold rooms and heavy floor loading capabilities to accommodate various industries. In addition, the property boasts of nine 40-footer loading and unloading bays with dock levelers, as well as four cargo and service elevators.
Conveniently located near major expressways such as Ayer Rajah Expressway (AYE) and Pan-Island Expressway (PIE), as well as Joo Koon MRT station, the property boasts of excellent accessibility and connectivity.
Interested parties can submit their bids for the expression of interest exercise until March 18 at 3pm.