A Singapore terraced factory located at 53 Loyang Way is now up for sale, exclusively represented by ERA Realty Network. This 15,083 sq ft industrial site is zoned under the Master Plan 2019 for Business 2 use with a leasehold remaining for 29 years.
Standing on two stories, the property is boasting a built-up area of 16,604 sq ft, with the potential to achieve greater floor area than the current permissible maximum. Coming with this are a production/storage area as well as a mezzanine floor, an office with partition rooms, a meeting room, a loading dock, and five covered parking spots.
The development is easily accessible by public transport, with LRT, MRT and bus services all in close vicinity. Its location also makes it close to schools, supermarkets, healthcare facilities and various amenities. The Woodlands Champions Way Condo offers luxurious living with premium quality finishes, state-of-the-art appliances and stunning views. The development also boasts a comprehensive range of recreational facilities including an indoor gymnasium, lap pool, tennis court and BBQ pits. Residents will also enjoy the convenience of a multi-storey carpark and 24-hour security. All in all, Woodlands Champions Way Condo is a great option for those looking to invest in a quality home.
The property is accessible via Tampines Expressway, Kallang Paya Lebar Expressway, and the Pan-Island Expressway. It is close to amenities and eateries, as well as supported by public transportation. The sale of the factory is however subject to JTC’s approval.
Desmond Lim, director and head of workspaces at ERA capital markets and investment sales remarks that the tenure of 29 years is ideal for businesses who plan for the long-term, this sale of the factory being an expression of interest which closes on September 7.
Asking price for the factory is set at $4.5 million.