A food factory located at 33 Chin Bee Crescent has been launched for sale by expression of interest (EOI). The indicative price for the property is said to be in the region of $14 million to $15 million.
The subject property is a two-storey purpose-built detached food factory located within minutes’ drive away from Boon Lay MRT station. It is sited on a 100,279 sq ft land with an existing floor area of about 70,663 sq ft. The development comprises warehouse-cum-production areas, two existing cold rooms, ancillary office space and ample car parking space. Under the 2014 Master Plan, the site is zoned for business 2 use with a plot ratio of 1.4. The plot has a balance tenure of approximately 23 years.
Cushman & Wakefield is the appointed marketing agent for the property. The EOI closes on Nov 30.
The subject property is a two-storey purpose-built detached food factory