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Malaysian Reserve
10-07-2025
- Business
- Malaysian Reserve
FOR SALE BY EXPRESSION OF INTEREST: 9-STOREY INDUSTRIAL BUILDING IN JURONG
SINGAPORE, July 10, 2025 /PRNewswire/ — Brilliance Capital Pte. Ltd. is proud to present for sale a rare, purpose-built 9-storey general industrial building located at 21 Fan Yoong Road, within the mature Jurong Industrial Estate in the western region of Singapore. The asset is offered with a guide price of S$25 million via an Expression of Interest (EOI) sale exercise. Strategically located within one of Singapore's most prominent manufacturing and logistics hubs, the property is well-connected via the Ayer Rajah Expressway (AYE) and Pan Island Expressway (PIE), offering direct access to the city centre, Tuas Port, and other key industrial zones. The nearest MRT stations, Boon Lay and Pioneer, are within vicinity, offering added convenience for commuting staff. The area is supported by a wide ecosystem of industrial players and infrastructure, which includes supply chain partners, logistics operators, and business support services. Importantly, 21 Fan Yoong Road stands to benefit from the government's continued investment and development in the western region, including the Jurong Innovation District (JID) and the future Tuas Port, which is set to become the world's largest fully automated port upon completion. Under the latest URA Master Plan 2025, the wider Jurong area has been earmarked for transformation into a future-ready industrial and innovation corridor, supported by enhanced infrastructure, smart logistics solutions, and green connectivity. The Jurong Innovation District is set to become a hub for advanced manufacturing, robotics, and R&D, while nearby Jurong Lake District is envisioned as Singapore's largest mixed-use business district outside the city centre. Together, these initiatives signal strong government commitment to the region's long-term economic role, positioning it as a key driver of growth and making 21 Fan Yoong Road an attractive opportunity for forward-looking industrial occupiers and investors. Purpose-built for robust industrial use, the property spans six levels of high-specification production space (Levels 1 to 6) and three levels of modern ancillary office floors (Levels 7 to 9). It also includes a temporary on-site dormitory approved for up to 36 workers, which is an increasingly rare and valuable feature for occupiers seeking integrated accommodation and workforce support. The offering is particularly well-suited for end-users looking to consolidate their operational, backend, and administrative functions within one cohesive and secure premises. The development sits on a land area of approximately 60,798 square feet, with a gross floor area of approximately 155,037 square feet. Key specifications include ceiling heights of up to 13.4 metres, heavy floor loading of up to 25 kN/m², and built-in crane infrastructure, including eleven overhead cranes ranging from 10 to 20 tonnes. Vertical circulation is efficiently served by a 5,000 kg cargo lift, two passenger lifts, and a dedicated service lift. The site is zoned 'Business 2' (B2), allowing for a broad range of industrial and warehousing uses, including the service and repair of construction plant and equipment, and the ancillary storage of construction materials. Held under a JTC lease until 16 November 2037, the site offers a substantial remaining tenure that supports long-term operational planning. Its B2 zoning allows for a wide range of industrial and warehousing uses, including heavy production, machinery servicing, and material storage, making it highly attractive for businesses seeking a robust and adaptable facility. With well-built infrastructure in place and proximity to major industrial clusters and transport links, the property presents a compelling opportunity for occupiers looking to establish a strong foothold in Singapore's western industrial corridor. Ms Sammi Lim (林妍孜), Founder and Executive Director of Brilliance Capital, shared, 'This is a rare opportunity to acquire a fully integrated industrial facility designed to support end-to-end business operations, from high-specification production floors and renovated office spaces to on-site workforce accommodation. The approved dormitory component is a highly valuable feature that enhances workforce efficiency and operational control. Facilities of this scale, specification, and integration are extremely hard to come by, and this asset is ready for immediate occupancy. All serious end-users should take a closer look, as opportunities like this do not come around often. With Jurong's transformation under the URA Master Plan into a future-ready innovation and logistics hub, this property offers both immediate functionality and long-term strategic value. The property's layout and heavy-duty specifications make it highly adaptable and appealing to a wide range of industrial users, including storage and warehousing operators (such as wine and general goods), furniture and carpentry production businesses with storage requirements, engineering and fabrication workshops, heavy vehicle and equipment maintenance companies, machinery and parts assembly operations, waste management and recycling facilities, and plastic moulding or injection moulding users, and even a food production factory, among others, subject to the relevant authorities' approval.' Brilliance Capital is the exclusive marketing agent for this sale. The EOI exercise closes on 26 August 2025, Tuesday at 3:00 PM. Note to editors:One high-resolution photograph of the property is enclosed. About Brilliance Capital Pte. Ltd. Brilliance Capital is a premier real estate agency specializing in bespoke advisory and transaction services for high-net-worth individuals, family offices, property developers, and institutions in Singapore and globally. Founded and led by Sammi Lim, our team of top-tier professionals excels in selling and leasing luxury residential, commercial, and industrial properties, as well as collective sales. We also offer tailored consultancy and advisory services, addressing personal, professional, and investment needs with precision and care. Backed by deep market insight and a robust international network, Brilliance Capital is dedicated to building lasting relationships and delivering exceptional real estate outcomes.
Yahoo
15-05-2025
- Business
- Yahoo
FOR SALE BY EXPRESSION OF INTEREST: Freehold Non-Conserved Commercial Building at 562 Serangoon Road
SINGAPORE, May 15, 2025 /PRNewswire/ -- Brilliance Capital Pte. Ltd. is proud to present to the market an exceptionally rare opportunity to acquire a freehold commercial building with individual strata titles per floor at 562 Serangoon Road, a highly visible and well-positioned property located in the heart of one of Singapore's most vibrant and culturally rich city fringe districts. This four-storey commercial property occupies a land area of approximately 2,336 square feet and offers a total floor area of approximately 7,453 square feet, with individual strata titles for each level. The building presents a rare opportunity to acquire a freehold, non-conserved commercial asset with approved F&B use on the ground floor, making it highly attractive for a variety of investor profiles including owner-occupiers, landlords, corporates, hospitality operators, and family offices. What truly distinguishes this property is its non-conserved status, an exceptional rarity along this stretch of Serangoon Road that is otherwise lined with conserved shophouses under architectural controls. As a Non-Conserved Envelope Control Site within a Secondary Settlement and zoned "Commercial" under the 2019 URA Master Plan with a plot ratio of 3.0, the site offers the buyer maximum flexibility to reconfigure, reposition, or redevelop the property to suit modern business needs. Subject to authorities' approvals, this opens the door to future-proofed uses such as serviced apartments, co-living residences, lifestyle clinics, co-working spaces, or creative concept showrooms, depending on owner and/or tenant demands and market trends. Adding to its desirability is the building's ground-floor restaurant use approval, a tightly regulated designation in many central precincts. With F&B use already in place, owners can either operate their own flagship outlet or command premium rents from established tenants seeking main-road visibility in a city-fringe location. The building's strata title per floor enhances its long-term investment appeal, offering flexibility for multi-use configurations or future strata divestment. This structure gives investors the freedom to either hold and lease the building as a whole or sell individual floors strategically over time. Few commercial properties in Singapore today combine such flexibility, rarity of tenure, and redevelopment potential in one asset. The guide price is set at a palatable S$23.5 million, in line with the latest valuation, offering exceptional value for a freehold standalone commercial building in a city-fringe locale with such versatile attributes. Strategically located within a five-minute walk from both Farrer Park MRT Station and Boon Keng MRT Station (North-East Line), the property enjoys excellent connectivity and exposure, situated directly along Serangoon Road which is a major arterial road that channels strong pedestrian and vehicular traffic daily. The site is also well connected to key expressways including the CTE and PIE, and is within a short drive to popular areas such as Little India, Farrer Park, Bidadari, and the Kallang Riverside precinct. Shopping malls such as City Square Mall and Mustafa Centre Mall are within a short walk, providing convenient access to daily essentials, dining, and entertainment. The area is also anchored by established medical and wellness hubs including Connexion at Farrer Park, an integrated healthcare and hospitality development comprising Farrer Park Hospital and One Farrer Hotel, as well as the Kwong Wai Shiu Hospital nearby. These major facilities not only draw a steady stream of visitors and medical tourists, but also support demand from wellness, aesthetic, and specialist clinics. Additionally, lifestyle enclaves such as Little India, Kampong Glam, and the emerging Boon Keng–Bendemeer precinct inject vibrancy into the district, while surrounding residential estates including HDB clusters in Whampoa and Boon Keng, and private developments like City Square Residences, Sturdee Residences, and 8 Riversuites, ensure a constant local population that drives daily footfall and commercial demand. The broader Serangoon–Boon Keng–Lavender corridor is undergoing steady transformation, with new residential projects, community upgrades, and commercial developments on the horizon. This evolving landscape is expected to uplift overall land values and rental yields in the district, offering buyers strong future growth potential both in terms of capital appreciation and income. "This is one of those real estate opportunities that checks all the right boxes," says Ms Sammi Lim, Founder and Executive Director of Brilliance Capital Pte. Ltd. "562 Serangoon Road offers freehold tenure, F&B approval, strata flexibility, and the freedom to enhance or reposition the building without conservation constraints. It is truly a rare gem. In today's tightly held urban market, finding a non-conserved commercial asset with such prominence and potential is incredibly rare." She adds, "With its prime location near key districts, 562 Serangoon Road stands out as a highly desirable investment and owner-occupier asset. It offers excellent accessibility, high foot traffic, and strong future growth potential. For investors looking to unlock value over time, or businesses wanting their own city-fringe headquarters with branding visibility and upside, this is an asset not to be missed." The property's pure commercial zoning ensures that the acquisition is not subject to Additional Buyer's Stamp Duty (ABSD) or Seller's Stamp Duty (SSD), a distinct advantage for both local and foreign buyers. This investment is suitable for a wide range of profiles, from private investors, corporates and family offices to developers and institutional funds looking for a unique foothold in central Singapore. Brilliance Capital is the sole marketing agent for this Expression of Interest. The Expression of Interest closes on 9 July 2025, Wednesday at 3:00 p.m. Note to editors:One high-resolution photograph of the properties are enclosed. About Brilliance Capital Pte. Ltd. Brilliance Capital is a premier real estate agency specializing in bespoke advisory and transaction services for high-net-worth individuals, family offices, property developers, and institutions in Singapore and globally. Founded and led by Sammi Lim, a veteran in Singapore's property landscape , our team of top-tier professionals excels in selling and leasing luxury residential, commercial, and industrial properties, as well as collective sales. We also offer tailored consultancy and advisory services, addressing personal, professional, and investment needs with precision and care. Backed by deep market insight and a robust international network, Brilliance Capital is dedicated to building lasting relationships and delivering exceptional real estate outcomes. View original content to download multimedia: SOURCE Brilliance Capital Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
