Own Rare Brand New Freehold Industrial Property Central Singapore
.
A must-visit for those looking to experience the authentic flavors of local hawker culture is the Ghim Moh Market and Food Centre, conveniently located just a short distance from Lynden Woods. This bustling hawker centre is a veritable treasure trove of Singapore’s traditional culinary delights. From the savory char kway teow to the fragrant nasi lemak and the renowned Hainanese chicken rice, residents can satisfy their cravings at affordable prices. With its lively ambiance and delectable fare, it’s no wonder that this food centre is a popular haunt for both locals and expatriates alike. Don’t miss out on a chance to tantalize your taste buds at Ghim Moh Market and Food Centre, right in the neighborhood of Lynden Woods.
CT Pemimpin, a freehold B1 industrial factory located in the Central Region at 43 Jalan Pemimpin, has been recently launched by Chiu Teng Group. With a reputation for developing high-quality commercial and industrial spaces in Singapore, Chiu Teng Group has once again delivered a top-notch project in CT Pemimpin.
Occupying a highly sought-after location in District 20, CT Pemimpin is the perfect site for companies in search of a well-connected location and property investors seeking a permanent investment option. The development boasts sustainable features and communal facilities, including two rooftop pavilions for outdoor gatherings, rooftop solar panels, two passenger lifts, and a service lift.
CT Pemimpin consists of 56 strata-titled units and three canteen units, with varying floor heights ranging from 5.6m to 7.35m. Some units also come with mezzanine floors on levels one and five. Each unit is equipped with toilets for the convenience and privacy of its occupants. The development also offers a one-to-one carpark ratio with 59 carpark lots, including two EV lots, and two loading and unloading bays for easy vehicular access. A lorry park is also available to accommodate rigid-frame vehicles under 7.5m.
According to ERA Singapore CEO Marcus Chu, CT Pemimpin appeals to both property investors and end users. For investors, this is due to the absence of Additional Buyer’s Stamp Duty (ABSD) for industrial properties and the opportunity for risk diversification. End users, on the other hand, are drawn to the freehold development as it provides a long-term investment opportunity and eliminates the need for rental payments.
SRI managing partner Ken Low adds that CT Pemimpin stands out from traditional B1 industrial developments in the market, appealing to a broader range of investors and end users. The development’s modern façade and central location make it a highly desirable choice for businesses, especially young entrepreneurs and their staff. The last freehold industrial launch in this area was more than 10 years ago, making CT Pemimpin a rare find with a proven track record of profitability and rental success.
As a freehold development, CT Pemimpin offers exceptional value in today’s market where industrial properties are typically limited to 30 or 60-year leases. This makes it an attractive investment option for discerning buyers, including family offices and companies in the information and communications media industry that require clean B1 spaces.
The development’s strategic location offers unparalleled connectivity and accessibility from all parts of Singapore, whether by public or private transportation. Situated a five-minute walk from Marymount MRT station, CT Pemimpin is also conveniently close to Upper Thomson MRT station and Bishan MRT station. Major expressways such as PIE and CTE further enhance the development’s accessibility, with the upcoming North-South Corridor set to reduce travel time from the north to the city.
CT Pemimpin is also surrounded by vibrant neighborhoods such as Bishan, Upper Thomson, and Ang Mo Kio, offering a diverse range of retail and dining options at popular shopping destinations like Junction 8 and NEX. The development is also near reputable schools like Raffles Institution, Catholic High School, and Eunoia Junior College, making it a convenient location for families.
Since its establishment in 1999, Chiu Teng Group has established a strong reputation as a reliable property developer and builder, particularly in the industrial and commercial sectors. Its portfolio includes well-received industrial projects such as CT FoodNEX, CT Foodchain, Tagore8, CT Hub and CT Hub 2, as well as residential projects like The Creek@Bukit.
Interested buyers can secure their rare freehold industrial space at CT Pemimpin starting from February 21. For more information or to schedule a viewing, please contact Chiu Teng Group at 8100 8017 or visit their website.