Senoko Crescent food factory for sale at $14 mil
Senoko Crescent food factory for sale at $14 mil was reported by EdgeProp Singapore on 19 September 2023.
The property occupies a land area of 31,678 sq ft zoned for Business 2 use with a plot ratio of 2.5. The land has a JTC leasehold tenure of 30 years from June 1991, which was extended for another 30 years. This means approximately 28 years are remaining on the lease.
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: Singapore
Reported benchmark: $14 mil
News date: 19 September 2023
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Source: EdgeProp Singapore, 19 September 2023