Private treaty sale of 57 strata titled industrial units at Citilink Warehouse Complex
The strata units for sale range from 947 sq ft for the smallest single unit, to 20,046 sq ft for a complete level. According to Cushman & Wakefield, there is an early comer discount rate, with rates varying from less than $1 million for the smallest unit to around $20 million for the entire ground.
The project is even precisely opposite the PSA Pasir Panjang Terminals as well as 500m from Pasir Panjang MRT Station on the Circle Line. It is attached to main expressways including Ayer Rajah Expressway, West Coast Expressway, Keppel Viaduct, and the Marina Coastal Expressway.
Citilink Warehouse Complex is an eight-storey twin-building commercial development that is zoned Business 1 within the master plan. The 57 strata units are mainly on the mid- to high grounds, including the top 4 levels in among the neighborhoods. This offers a purchaser with the versatility to acquire personal or several units, or whole grounds.
Fifty-seven freehold industrial units at Citilink Warehouse Complex in Pasir Panjang will certainly be promoted by private negotiation on Aug 14, according to Cushman & Wakefield that is marketing the property.
The commercial property has actually been constructed with top requirements, including well-considered traffic furthermore supplies management, ample carpark locations, high floor-to-ceiling clearance, and floor loading issues.
“Freehold strata commercial units at great areas are surely demanded,” states Poh, including that the proximity to the Pasir Panjang Terminal including various freeways include in the charm of the proposal. Cushman & Wakefield likewise agented the sale of 5 ground-floor units at Citilink for $9.83 million to a solo buyer.
“Prior to this strata deal launch, we have obtained queries from investors and end-users presenting curiosity to purchase possibly personal or multiple units,” states Shaun Poh, executive supervisor of investment markets at Cushman & Wakefield.
