Industrial Redevelopment Opportunity at Kampong Ampat
A unique opportunity has emerged in the heart of Singapore’s industrial landscape, where a freehold site situated at Junjie Industrial Building is now available through public tender. This property, located at 153 Kampong Ampat, boasts significant redevelopment potential amid an established Business 1 industrial zone.
Covering approximately 4,027.70 square metres, the site commands attention due to its strategic positioning as a corner plot with multiple road access points. Its proximity to major thoroughfares such as Upper Aljunied Link enhances visibility and accessibility, making it an attractive prospect for various commercial ventures.
Site Details and Potential
The existing gross floor area measures around 10,680.97 sqm, providing ample space for prospective developers. According to Knight Frank, this site can be transformed into a new strata industrial development or reconfigured as a secondary workers’ dormitory. This flexibility opens up numerous possibilities for investors looking to capitalize on the growing demand in these sectors.
Prime Location Benefits
Strategically positioned near Tai Seng MRT station, the site offers seamless connectivity to public transport networks which is crucial for both operational efficiency and worker convenience. Moreover, its location adjacent to key expressways like the Pan-Island Expressway (PIE) and Central Expressway (CTE) facilitates easy movement across the island.
The surrounding area enriches this offering further; nearby amenities include Grantral Mall and Macpherson Mall along with diverse food and beverage options available in shophouses along Macpherson Road. Such facilities not only serve the daily needs of employees but also contribute to an appealing work environment.
Tender Closing Date
For interested parties looking to seize this promising opportunity, note that the public tender is set to close on 23 October at 10 am. Engaging with this property could lead to significant returns given the ongoing shifts in industrial needs within Singapore’s economic framework.
For additional insights into similar real estate ventures or updates on market trends, visit Dunearn House Official.
Source: Original Article