The Tuas View Link industrial site, a prime investment opportunity, is now available for sale at 51 Tuas View Link with a guide price of $138 million through an expression of interest (EOI) exercise. This site spans a total area of 456,810 square feet and is zoned for Business 2 industrial use. It features two single-storey warehouses equipped with mezzanine levels, contributing to a total gross floor area (GFA) of 323,831 square feet. The strategic location and specifications of the site make it an attractive proposition for various investors.
The industrial site has approximately 31 years remaining on its private leasehold tenure, which adds to its allure for potential buyers. The current plot ratio stands at 0.7, but the site offers significant redevelopment potential. Buyers can potentially increase the plot ratio up to a maximum of 2.5, translating to a GFA of 1.14 million square feet. This potential for expansion is particularly appealing in the context of Singapore’s evolving industrial landscape, where space and efficiency are increasingly prioritized.
As a non-JTC asset, the Tuas View Link site provides full ownership flexibility, which is a crucial factor for many stakeholders in the industrial sector. This characteristic positions the site favorably for various types of buyers, including industrial users, property developers, investment funds, and family offices. The flexibility in ownership structure allows for a range of business models to be explored, adding to the site’s overall investment appeal.
Tuas is recognized as one of Singapore’s key industrial zones, making this site a strategic landholding opportunity. The area is well-connected, providing easy access to major transportation routes and logistical hubs, which is essential for businesses that rely on efficient supply chains. The combination of location, zoning, and redevelopment potential aligns well with the growing demand for industrial spaces, particularly those that can accommodate advanced manufacturing and logistics operations.
The deadline for the expression of interest closes on June 10 at 3 pm, creating a timeline for prospective buyers to evaluate the investment. This timeline underscores the urgency for interested parties to conduct their due diligence and formulate competitive bids. The opportunity to acquire a site with such significant development potential in a prime location is expected to attract considerable interest from various sectors.
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News Source: Edgeprop
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