Chiu Teng Group’s new freehold development, CT Pemimpin, is set to be a game changer in land-scarce Singapore. As a renowned developer of high-quality commercial and industrial spaces, the launch of CT Pemimpin is expected to be a delight for property investors and business owners.
Located at 43 Jalan Pemimpin in the Central Region, CT Pemimpin is a nine-storey, partial ramp-up factory that comprises 56 strata-titled units and three canteen units. The units on the first and fifth floors boast mezzanine floors with floor heights ranging from 5.6m to 7.35m.
One of the most attractive features of CT Pemimpin is its rare freehold status, which sets it apart from most industrial developments in the market that are limited to a 30-year or 60-year lease. This makes it an ideal investment asset for both investors and end-users, especially since commercial and industrial properties do not incur Additional Buyer’s Stamp Duty (ABSD).
When considering real estate investments, location plays a crucial role, and this is particularly important in Singapore. Condominiums situated in central areas or close to essential amenities like schools, shopping malls, and public transportation hubs tend to have a higher appreciation in value. Prime locations in Singapore, such as Orchard Road, Marina Bay, and the Central Business District (CBD), have consistently shown strong growth in property values. Families also seek condos in these areas due to their proximity to reputable schools and educational institutions, making them even more desirable investments. In addition, be sure to keep an eye out for upcoming New Condo Launches in these sought-after locations.
CT Pemimpin also offers a generous one-to-one carpark ratio, with 59 carpark lots, including two electrical vehicle lots, three lorry lots, two handicapped lots and 34 bicycle lots. In addition, the development is served by two passenger lifts and a service lift, and every unit is equipped with its own private toilet for convenience.
According to Kelvin Fong, Deputy CEO of PropNex Realty, “Being a freehold development in a centralised location, CT Pemimpin is a good investment asset for both investors and end-users.”
The centralised location of CT Pemimpin adds to its appeal, as it is situated in District 20, a popular area for buyers and tenants. It offers easy access to a range of amenities in well-established townships like Bishan, Upper Thomson, and Ang Mo Kio. The development is also strategically located, with excellent accessibility and connectivity to all parts of Singapore through various public transport modes.
Doris Ong, Deputy CEO of ERA, notes that owning a freehold property in Singapore’s central region is not just a smart investment, but also a strategic business asset. “With a sought-after location, unparalleled connectivity, and long-term growth potential, CT Pemimpin is an impressive corporate address that makes it an ideal choice for businesses,” says Ong.
CT Pemimpin is located just a short walk from the Marymount MRT station, and is also accessible via the Upper Thomson and Bishan MRT stations. It is also easily accessible for motorists, being close to major expressways like the PIE and CTE. The development is a mere eight-minute drive from Novena and a 15-minute drive from Orchard Road. Additionally, the upcoming North-South Corridor, scheduled for completion in phases from 2027, will further enhance connectivity and reduce travel time.
The area surrounding CT Pemimpin offers a good mix of retail and dining options, with popular shopping hubs like Junction 8, Thomson Plaza, Velocity@Novena Square, AMK Hub, NEX, Woodleigh Mall, and Toa Payoh HDB Hub just minutes away. It is also close to reputable schools like Raffles Institution, Catholic High School, and Eunoia Junior College.
CT Pemimpin will also have a range of green features, such as end-of-trip facilities like shower rooms, bicycle racks, and storage lockers. Other eco-friendly features include a sky garden with two rooftop pavilions, and plans for rooftop solar panels and EV charging stations. The development will also feature water-saving fittings, motion-sensor lighting, and double-glazed windows in selected units, as well as a recycling corner.
Mark Yip, CEO of Huttons Asia, says that “with its focus on sustainability, CT Pemimpin aims to shape a greener and more committed future. Its superior specifications make it the perfect choice for various industries like e-commerce, media, telecommunications, and software development.”
Chiu Teng Group, established in 1999, is a reputable developer and builder with a proven track record in the industrial and commercial sectors. Previous successful developments include CT FoodNEX, CT Foodchain, The Creek@Bukit, Tagore8, and CT Hub & Hub 2.
The preview for CT Pemimpin will end on March 5, 2025. To secure your rare freehold industrial space, call 8100 8017 or visit Chiu Teng Group to arrange a viewing.