The marketing agent, Knight Frank Singapore, stated that the exclusive marketing of the high-specification warehouse and factory in Gul Circle, is now open for interested buyers to express their interest. The property, which comes with a guide price of $42 million, is a five-storey single-user factory and warehouse, with a mezzanine that spans four floors. With a total gross floor area of approximately 245,955 sq ft, this JTC leasehold property is situated on a 105,648 sq ft site with a remaining tenure of 15 years and 11 months, as at Feb 1. Its zoning as a Business 2 site under the URA Master Plan 2019 is expected to attract a wide range of potential industrial buyers.Recognizing the need for modern industrial facilities, the property has been purposefully designed to cater to the demands of various industries. Features such as high ceilings for efficient storage and operations, cold rooms and heavy floor loading capabilities are incorporated into the building. Additionally, the property boasts nine 40-footer loading and unloading bays with dock levelers, as well as four cargo and service elevators. Situated in the vicinity of major expressways such as the Ayer Rajah Expressway (AYE) and Pan-Island Expressway (PIE), as well as the Joo Koon MRT station, the property enjoys convenient accessibility and connectivity.Strategically positioned for businesses seeking a well-equipped industrial space, the expression of interest exercise will conclude on March 18, at 3pm. Interested buyers are invited to seize this opportunity to secure a high-specification warehouse and factory in the highly sought-after location of Gul Circle.
When it comes to real estate investment, location is a critical factor to consider, and this is especially true in Singapore. In this vibrant city-state, the value of condos is greatly influenced by their location. Those situated in central areas or close to important amenities like schools, shopping malls, and public transportation hubs tend to experience a higher appreciation in value. Prime locations in Singapore, such as Orchard Road, Marina Bay, and the Central Business District (CBD), have consistently shown strong growth in property values over the years. These areas are highly sought after for property investments, and adding the Singapore Projects only adds to their appeal. Another factor that contributes to the desirability of condos in these locations is their proximity to renowned schools and educational institutions, making them an ideal choice for families and further increasing their investment potential.