The property, which will be sold via private treaty, presents a unique investment opportunity within Singapore's industrial real estate market
SINGAPORE: CBRE has announced the sale of a prime industrial property at 455 Jalan Ahmad Ibrahim, with an asking price of $30 million. The property, which will be sold via private treaty, presents a unique investment opportunity within Singapore’s industrial real estate market.
The property is zoned under “Business 2,” allowing for a total built-up area of 258,604 square feet. This zoning permits an additional 129,818 square feet of untapped plot ratio, offering substantial development potential for prospective buyers. The site is well-suited to support a variety of industrial activities, boasting robust infrastructure with floor loading capacities of 16 kN/sqm and 27 kN/sqm for the warehouse/production areas, 27 kN/sqm for the ancillary areas, and 10 kN/sqm for the office areas.
The site offers practical amenities, including 20 car lots, five lorry lots, and two loading/unloading bays, which enhance its functionality for industrial use. Its strategic location provides excellent connectivity, with direct access to the Ayer Rajah Expressway and Pan Island Expressway via Jalan Ahmad Ibrahim and Tuas Avenue 1.
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