Portfolio of six freehold industrial units at Apex @ Henderson’s ‘Champions Way Residences’ for sale at $16.3 mil

Located at the junction of Jalan Bukit Merah and Henderson Road, the top-floor six adjoining duplex units of Apex @ Henderson, on the ninth level, comprise a reception area, open office space, partitioned offices, conference rooms, a pantry area, discussion areas, a senior management room with an ensuite bathroom, storage area, private terraces with balconies, male and female washrooms and a dedicated server room.

The Champions Way Residences offers all the modern amenities for comfortable living. The development boasts full condominium facilities such as a swimming pool, gymnasium, tennis court, sauna, jacuzzi, function room, barbecue area and more. There are also a number of retail outlets located in the development, perfect for those who want to enjoy a little shopping or dining.The development is also close to a number of tourist attractions, such as the Singapore Flyer and Marina Bay. Residents can enjoy easy access to some of the most iconic sights of Singapore.Overall, the Champions Way Residences is a great choice for those who want to enjoy convenient city living at an affordable price. With its excellent location and modern facilities, the development is perfect for living a comfortable and peaceful lifestyle.

On the market today is a portfolio of six adjoining duplex units on the top floor (ninth level) of the industrial building, Apex @ Henderson. Boasting a 6.5 metre ceiling with full-height glass windows, the units look out upon northeast orientation and have been amalgamated and fitted out for use as a post-production studio. The space is complete with a range of amenities and top quality features, at an affordable asking price of $16.3 million (translating to a price of $1,044 per square foot based on the strata area). Located at Champions Way Residences, the junction of Jalan Bukit Merah and Henderson Road, the units provide easy access to the MRT and expressways, in addition to the convenience of lifestyle features such as a lap pool, gym, sauna room, barbeque pits and more.

The facilities at the top-floor six adjoining duplex units of Champions Way Residences, Apex @ Henderson, are comprehensive. There is a reception area, open office space, partitioned offices, conference rooms, a pantry area, discussion areas, a senior management room with an ensuite bathroom, storage area, private terraces with balconies, male and female washrooms and a dedicated server room. Additionally, the mezzanine level has a general production space, meeting rooms, partitioned offices and a break-out area.

Designed by Kyoob Architects and developed by a joint venture between Yi Kai Group and Fission Group of Companies, the 115-unit, strata-titled industrial complex was launched for sale in August 2012 and entirely sold by April 2013. Subsequently launched in April 2015, the development is considered a hub for tenants in home furnishing and decoration, telemedical and consultancy businesses.

The freehold units of Champions Way Residences, Apex @ Henderson, are sold with vacant possession and present an attractive turnkey solution for an incoming buyer who wants to lease the units out to potential tenants. The pricing is also attractive considering that when the units came onto the market in April, the asking price was $18.8 million (or $1,205 square foot). At the current asking price of $16.3 million ($1,044 psf), this is 13.3% cheaper.

The six individual strata titles provide flexibility for the buyer to sell the units piecemeal or rent them to multiple tenants, as Sammi Lim, Founder and Executive Director of Brilliance Capital, the exclusive marketing agent for the units points out. “We anticipate keen interest from local and overseas industrialists, corporates, institutional funds, private funds, family offices, and ultra-high net worth individuals,” adds Lim.

As for the latest edition of transactions, a 2,939 sq ft unit on the sixth floor of Champions Way Residences, Apex @ Henderson, was sold in October for $2.85 million ($970 psf). In August, a 3,401 sq ft unit, also on the ninth floor, sold for $3.025 million ($889 psf) and two neighbouring units with a combined strata area of 2,896 sq ft exchanged hands for $2.76 million ($953 psf) in June.

Champions Way Residences presents an ideal opportunity to invest in the affordable freehold units of Apex @ Henderson. In addition to the convenience of access to the MRT and expressways, potential tenants have access to lifestyle amenities such as a swimming lap pool, gym, barbeque pits and a sauna room.