Freehold industrial building in MacPherson for sale at $15.9 mil

By
/ EdgeProp
|
February 18, 2019 4:49 PM SGT
A freehold industrial building, at 14 Genting Road in MacPherson, is up for sale at $15.9 million ($938.44 psf per plot ratio).
The five-storey industrial building occupies a site of 5,758 sq ft, with a gross floor area of around 16,943 sq ft. It houses production areas on levels one to three, and secondary workers’ dormitories on levels four and five.
Under URA’s 2014 Master Plan, the site is zoned under “Industrial (B1)”, for clean and light industrial usage. It has a gross plot ratio of 2.5.
ADVERTISEMENT
The site is currently approved for use as a secondary workers’ dormitory, and may also be used by end-users from clean and light industries requiring production, storage, or ancillary office spaces, according to Knight Frank Singapore, which is marketing the property.
14 Genting Road is close to mature industrial estates such as Aljunied, Kallang, Tai Seng, Kim Chuan and Ubi, highlights Knight Frank.
The tender for the property will close on March 13, at 3pm.
Follow Us On
Our Sites
Edgeprop.sg (previously known as The Edge Property Singapore) – is the best property portal for home-seekers, buyers, investors and real estate agents alike in Singapore. On EdgeProp, you will be able to find all the latest news and views, informational guides, historical transactions and rental searches, and research data and analysis.
Whether you are looking to buy, sell or rent apartments, condominiums, executive condos, HDB flats, landed houses or commercial properties, we bring you Singapore’s the most comprehensive and up-to-date property news and thousands of listings to facilitate your property decisions.
Make better decisions with our easy-to-use free and paid tools. The Edge Fair Value tool lets users calculate the fair value of a property and find properties below market value in Singapore. Meanwhile, discover all things en bloc, including Singapore en bloc news, trends and our En Bloc Calculator, which helps to determine the probability of a Singapore project being put up for collective sale.
Web Version 3.7.32
Aside from that, EdgeProp also offers a market trend tracker that lets you access historical property data, sales volume and compare how similar properties are selling, a heat map that lets you find out where all Singapore’s most popular property sales locations are, a HDB lease tool that lets you calculate your HDB tenure, an affordability calculator, and a property watch list to track your preferred Singapore property by project or location, as well as new launches.
On the lookout for undervalued property or buying to rent? EdgeProp’s powerful search filters let you personalise your property-seeking experience – whether you are looking for a property near MRT stations, amenities like schools and childcare centres, or a good-value condo with a sea view – so that you find exactly what you are looking for.