Senoko Loop industrial property up for sale for $100 million

A manufacturing facility on the 15th floor of Senoko Loop, just off Admiralty Road West in the northern part of Singapore It is for sale via private treaty, with an estimated cost of $100 million.

Copen Grand e brochure can look forward to a pleasant living and working environment.

The facility is located on the site that covers 263,339 square feet and has a total tenure of 30 years that will take starting on June 1st to June 1, 2020. The site is designated to Business 2 (Industrial) use in the URA 2019 Master Plan. It has a plot-to-plot ratio of 2.5 which means that the site’s building can be built up to a total area of up to 658.348 sq feet.

The current building on the site has four floors and covers a gross floor space of 446,103 square feet. It includes 104,594 square feet of warehouses that are climate controlled and 203,881 square feet of production space, and 137,628 sq ft of additional space. It is served by three sets of five-tonne cargo lifts, two passenger lifts and one wheelchair-accessible lift.

According to the marketing agent CBRE CBRE, the site could be converted into a food-zone. “15 Senoko Loop sits within an established food manufacturing industry with existing end-users of central kitchens and distribution centers,” notes Graeme Bolin the head of leasing and occupier services industrial and logistics services, Singapore, at CBRE.

The seller could manage their business in the climate-controlled building with minor improvements to the assets. They could also consider developing the site to become a modern, expanded food production and warehouse facilities.