Climate controlled industrial facility at 60 Tuas Ave 11 on the market for $50 mil

Climate controlled industrial facility at 60 Tuas Ave 11 on the market for $50 mil was reported by EdgeProp Singapore on 20 June 2023.

The industrial building at 60 Tuas Ave 11 is zoned for ‘Business 2’ use.

Why this matters for Singapore commercial property

The update provides a useful benchmark for industrial values, occupier demand and the limited supply of suitable business-space assets in Singapore. The story is relevant to businesses, landlords and investors comparing current market evidence before making leasing or acquisition decisions.

Key takeaways

• Market: Singapore industrial property

• Location: Tuas

• Reported benchmark: $50 mil

• News date: 20 June 2023

Explore Singapore commercial properties and current featured listings. For a tailored office or investment search, contact CBD Office Space.

Source: EdgeProp Singapore, 20 June 2023