Private treaty sale of 57 strata titled industrial units at Citilink Warehouse Complex

Fifty-seven property industrial units at Citilink Warehouse Complex in Pasir Panjang will be marketed by private treaty on Aug 14, according to Cushman & Wakefield that is marketing the asset.

Citilink Warehouse Complex is an eight-storey twin-building commercial property that is zoned Business 1 following the master plan. The 57 strata units are mainly on the mid- to high grounds, featuring the leading four floors in one of the neighborhoods. This gives a customer with the adaptability to buy private or numerous units, or entire levels.

The commercial building has been constructed with top specifications, including well-considered traffic also goods control, enough carpark locations, high floor-to-ceiling space, and level loading considerations.

Lentor Hills Residences floor plan

The strata units available for sale range from 947 sq ft for the smallest one unit, to 20,046 sq ft for a the entire floor. According to Cushman & Wakefield, there is an early comer discount rate, with prices ranging from less than $1 million for the tiniest unit to around $20 million for the full level.

The project is even directly opposite the PSA Pasir Panjang Terminals and also 500m from Pasir Panjang MRT Terminal on the Circle Line. It is linked to primary expressways such as Ayer Rajah Expressway, West Coast Expressway, Keppel Viaduct, and even the Marina Coastal Expressway.

“Just before this strata transaction release, we have gotten enquiries from capitalists and end-users revealing curiosity to acquire possibly personal or multiple units,” says Shaun Poh, executive head of financing markets at Cushman & Wakefield.

“Freehold strata commercial units at good locations are pretty much demanded,” states Poh, incorporating that the proximity to the Pasir Panjang Terminal including various highways include in the look of the project. Cushman & Wakefield likewise brokered the sale of 5 ground-floor units at Citilink for $9.83 million to a solo client.


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