Five industrial units in Kaki Bukit going for $6.4 mil

By Nicholas Lam
/ EdgeProp Singapore |
Enterprise One is a five-storey, ramp-up structure at the corner of Eunos Link and Kaki Bukit Avenue 1 in District 14 (Photo: Colliers)
Join our  Telegram  channel and follow our  Facebook  for the latest update.
Five adjoining industrial units in Enterprise One, a development at 1 Kaki Bukit Road 1, are up for sale with a total guide price of $6.4 million.
The five factory units are zoned for Business 2 use and span a total area of approximately 10,809 sq ft. Based on this, the guide price translates to $592 psf.
Recent transactions for Enterprise One: EdgeProp Research
Enterprise One is a five-storey, ramp-up structure at the corner of Eunos Link and Kaki Bukit Avenue 1 in District 14. It comprises 226 units. The development has a leasehold tenure of 60 years from July 9, 1996, which means there are about 32 years remaining on the lease.
Advertisement
Advertisement
According to a release by Colliers, the units are leased to an MNC until March 31, 2025.
“Strata industrial units are currently performing very well, and these units offer a strong yield with a good tenant covenant,” says Tang Wei Leng, head of capital markets at Colliers Singapore.

Follow Us
Follow our channels to receive property news updates 24/7 round the clock.
EdgeProp Telegram
EdgeProp Facebook
Subscribe to our newsletter

Our Site

Edgeprop.sg (previously known as The Edge Property Singapore) is the best property portal for real estate agents, investors, home-seekers and sellers alike in Singapore. On EdgeProp, you will be able to find the latest and hottest property news, property listings, and access tools for your research and analysis.

Whether you are looking to buy, sell or rent apartments, condominiums, executive condos, HDBs, landed houses, commercial properties or industrial properties, we bring you Singapore’s most comprehensive and up-to-date property news and thousands of listings to facilitate your property decisions. Click into any listing to check out the new AI Redesign tool to envision your property based on your preferred style, be it Scandinavian, Minimalist or many others.

View More