Commercial properties in Kallang and Suntec City on the market
By Charlene Chin / EdgeProp Singapore | July 14, 2020 4:32 PM SGT
SINGAPORE (EDGEPROP) - An industrial building in Kallang and an office unit at Suntec City are on sale at guide prices of $12 million to $13 million, and $2,900 psf respectively, says Knight Frank, which is marketing both properties.
Genova Building is a corner, six-storey light industrial building at the junction of Bendemeer Road and Jalan Lembah Kallang, within Kallang Industrial Estate. It occupies a land area of 6,060 sq ft and has a gross floor area of approximately 17,854 sq ft.
Under URA’s Master Plan 2019, it is zoned under “Business 1” with a plot ratio of 2.5. It has generous ceiling heights across floors, at 8m on the ground floor and 6m on other floors. The loading bay can accommodate 40-foot vehicles, says Knight Frank.
Genova Building has a balance lease of 44 years. The expression of interest exercise for the property will close on Aug 20 at 3pm.
Meanwhile, the strata office unit at Suntec Tower 1 has a floor area of 3,897 sq ft, with views of the CBD and the sea.
It is on a high floor, and is column-free, allowing possible partitioning into two smaller office units, says Knight Frank.
Check out the latest listings near Genova Building and Suntec Tower One
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