Private treaty sale of 57 strata titled industrial units at Citilink Warehouse Complex
The strata units up for sale sort from 947 sq ft for the most basic solo unit, to 20,046 sq ft for a complete level. According to Cushman & Wakefield, there is an early bird discount rate, with prices ranging from less than $1 million for the minimum unit to about $20 million for the whole level.
“Prior to this strata sale start, we have obtained queries from capitalists and end-users revealing curiosity to buy perhaps personal or numerous units,” says Shaun Poh, executive director of investment markets at Cushman & Wakefield.
“Freehold strata commercial units at good sites are surely searched for,” claims Poh, incorporating that the closeness to the Pasir Panjang Terminal including different freeways contribute to the appeal of the venture. Cushman & Wakefield also dealered the sale of five ground-floor units at Citilink for $9.83 million to a single purchaser.
The development is similarly outright opposite the PSA Pasir Panjang Terminals as well as 500m from Pasir Panjang MRT Station on the Circle Line. It is attached to main expressways like Ayer Rajah Expressway, West Coast Expressway, Keppel Viaduct, together with the Marina Coastal Expressway.
The commercial property has been developed with strong specifications, including well-considered traffic also commodities management, ample carpark facilities, high floor-to-ceiling space, and level loading issues.
Fifty-seven freehold industrial units at Citilink Warehouse Complex in Pasir Panjang will certainly be promoted by private negotiation on Aug 14, according to Cushman & Wakefield that is marketing the asset.
Citilink Warehouse Complex is an eight-storey twin-building commercial development that is zoned Business 1 following the master plan. The 57 strata units are mostly on the mid- to high levels, consisting of the leading 4 grounds in among the blocks. This gives a purchaser with the flexibility to buy private or several units, or entire levels.