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Industrial For SALE: Loyang Industrial Estate in Loyang Way, East Singapore for sale

Industrial For SALE: Loyang Industrial Estate
Industrial For SALE: Loyang Industrial Estate
Industrial For SALE: Loyang Industrial Estate
Industrial For SALE: Loyang Industrial Estate

~ New Listing ~
Type: 3-storey JTC detached B2 factory building with ancillary office and dormitory at Loyang Industrial Estate
Asking price: $11,888,888 (Negotiable, below valuation)
Official valuation: $12,000,000 (as at 10th October 2013)
Last offer: $11,300,000
JTC tenure: 30+ 27 years (commenced on 1st October 1994)
Floor area: ~48,553 sqft
Site area: ~32,305 sqft
Year of completion: Original circa 1990s (addition $1,000,000 done in 2012)
1st floor (~18,300 sqft):
- Cargo lift lobby, warehouse area with mezzanine store, toilets, consumer switch room and substation.
2nd floor (~12,900 sqft)
- Reception area, general office area, director's room, partitioned executive office rooms, conference room, meeting room, staff lounge, prayer room and male/female toilets generally.
3rd Floor (~15,300 sqft)
- General office area, production area, storage area, workers' dormitory, kitchen, common bathrooms and rear warehouse area.
Additional Information:
- Fairly regular plot with frontage of about 48m and depth of about 67m
- Property tax: $66,300/year
- Land rent: $75,640.68/year
- Annual value: $663,000
- Accessible for few 40" footer for loading and unloading
- Cargo lift: 3,000kg
- Production/Warehouse area flooring loading: 5 - 10 KN/sm
- Production/Warehouse area ceiling height: 4.5 - 6.8m
- Office flooring loading: 2.5 KN/sm
- Office ceiling height: 3.2m
- Plot ratio: 2.5
Approved industrial workers' dormitory (27 pax)
- 5 Rooms (8 bedded)
- 1 Bathroom
- 1 Pantry area
- URA's rule: 51/49 approved
Kindly contact Kyle at 9337 2204 for more information.