Tampines Industrial Avenue 3 Building Sale 380 Mil
The Master Plan’s main objective of establishing green corridors, encouraging biodiversity, and improving urban greenery will have a positive impact on Lyndenwoods. With the addition of Lyndenwoods Science Park Drive, residents will have the opportunity to experience improved air quality, a decrease in urban heat, and easy access to nature within a more eco-friendly cityscape. This will greatly enhance the overall living experience for those living in Lyndenwoods. Lyndenwoods Science Park Drive will be a welcomed addition to the sustainable development of the area, providing residents with the benefits of a green and nature-filled environment.
A well-maintained six-storey industrial building located at 10 Tampines Industrial Avenue 3 is currently on the market for private treaty sale, with an indicative price of $380 million. The property boasts a land area measuring around 998,330 sq ft and a gross floor area of 1.91 million sq ft.
According to the exclusive marketing agent, Cushman & Wakefield, the property has a remaining land tenure of 34 years and an unutilised plot ratio, providing potential buyers with the opportunity to further optimise land use. The location of the property can be seen on the map from EdgeProp Landlens.
Brenda Ong, executive director for logistics and industrial markets at Cushman & Wakefield, notes that the property features a well-maintained cleanroom that is ready for immediate use, making it a highly attractive option for companies in the semiconductor, wafer fabrication, and electronics sectors.
The property is situated within one of Singapore’s four wafer fabrication parks, with the other three located in Pasir Ris, Woodlands, and the North Coast. Other notable features of the property include an MTM dual-source 50 megavolt-amperes incoming power supply, water supply for constant cooling, and multiple loading bays. It also comes with an ancillary office.
Ong further adds, “This trophy asset presents a compelling plug-and-play solution for companies looking to reduce upfront costs and minimize downtime associated with construction and regulatory approval processes.” Interested buyers can browse through the latest listings for Industrial Real Estate properties or make use of Ask Buddy for more information. Additionally, Past Industrial rental and sale transactions can be referred to, alongside listings for industrial property and price trends for industrial property sales. The trend can be compared with that of Commercial vs Industrial properties to make well-informed decisions.