Freehold industrial building at Pasir Panjang Road for sale at $96 mil
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OC@Pasir Panjang, a freehold industrial property located at 100H Pasir Panjang Road, is up for sale through an expression of interest (EOI) exercise with a guide price of $96 million. The property occupies a land area of 31,977 sq ft which is zoned for Business 1 or light industrial use.
The property has a total gross floor area of approximately 81,710 sq ft. Its features include floor-to-floor heights of 5m to 6m, a car park and green common areas.
A map showing the location of OC@Pasir Panjang (Picture: EdgeProp LandLens)
According to Cushman & Wakefield, the property has an occupancy of 97%. “100H Pasir Panjang presents a compelling opportunity, offering a rare freehold tenure, strategic location with strong growth potential, high-quality specifications and stable rental income,” says Shaun Poh, executive director of capital markets at Cushman & Wakefield, who is handling the sale.
The property is connected to key arterial roads such as West Coast Highway and the Ayer Rajah Expressway. It is also close to commercial and research clusters such as Mapletree Business City, Science Park 1 & 2, one-north and the National University of Singapore. “Its proximity to key innovation hubs and the upcoming Greater Southern Waterfront further enhances its long-term investment appeal,” says Poh.
The EOI will close on Sept 9 at 3pm.
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