Chiu Teng Group has recently launched their latest project, CT Pemimpin, a freehold B1 industrial factory situated at 43 Jalan Pemimpin in the Central Region. This project is a testament to the Group’s expertise in developing high-quality commercial and industrial spaces in Singapore.
Located in the highly sought-after District 20, CT Pemimpin boasts an enviable location that offers excellent accessibility to companies in search of a prime site, as well as property investors looking for a rare permanent investment opportunity.
The nine-storey factory is partially ramp-up and features communal facilities such as two rooftop pavilions, perfect for outdoor gatherings, rooftop solar panels, two passenger lifts, and a service lift. With a total of 56 strata-titled units and three canteen units, the factory has floor heights ranging from 5.6m to 7.35m on selected units, with mezzanine floors on levels one and five. Each individual unit is equipped with toilets for the convenience and privacy of its occupiers.
One of the standout features of CT Pemimpin is its generous one-to-one carpark ratio, with 59 carpark lots, including two EV lots. This ensures ample parking space for vehicles. In addition, the factory also has two loading and unloading bays and a lorry park to cater to vehicles of less than 7.5m.
According to Marcus Chu, CEO of ERA Singapore, CT Pemimpin will appeal to both property investors and end-users. As there is no Additional Buyer’s Stamp Duty (ABSD) on industrial properties, it serves as an attractive investment option for those looking for diversification. On the other hand, end-users, especially business owners, prefer owning their own space rather than renting, and CT Pemimpin provides a rare freehold option.
Ken Low, managing partner of SRI, also notes that CT Pemimpin has a sleek modern facade and a central location, making it appealing to a wider range of investors and end-users compared to traditional B1 industrial developments in the market. Its proximity to Marymount and Bishan sub-regional centres, as well as its location near various amenities and reputable schools, makes CT Pemimpin an attractive option for young entrepreneurs and their staff.
Investing in a condominium in Singapore comes with a range of advantages, with one of the most attractive being its potential for capital appreciation. This can be attributed to Singapore’s favorable location as a thriving business hub on the global stage, as well as its stable economy that leads to a consistent demand for real estate. Throughout the years, the real estate market in Singapore has shown a steady increase, with condos in prime locations experiencing significant appreciation. For savvy investors who time their purchases right and hold onto their properties for the long term, they can expect substantial gains in capital. It’s also wise to keep an eye out for new condo launches, as these developments often present fantastic opportunities for investors to enter the market at its peak. To stay updated on the latest opportunities, you can also visit New Condo Launches.
One of the most outstanding selling points of CT Pemimpin is its freehold status, which is a rarity in today’s market where most industrial developments have a 30-year or 60-year lease. This makes it a highly sought-after asset for investors, including family offices and companies in the information and communications media industry, who prefer freehold properties.
Furthermore, commercial and industrial properties are not subject to ABSD by the government, making them more attractive to investors and foreigners eligible to purchase properties in Singapore.
CT Pemimpin’s strategic location makes it easily accessible from all parts of Singapore through public and private transport. The industrial estate is just a five-minute walk from Marymount MRT station and a short drive from major expressways such as PIE and CTE. The upcoming North-South Corridor will also enhance its connectivity, reducing travel time from the north to the city.
In addition, CT Pemimpin is surrounded by vibrant townships like Bishan, Upper Thomson, and Ang Mo Kio, offering a range of shopping and dining options at popular malls such as Junction 8, Thomson Plaza, and NEX. It is also within close proximity to renowned schools like Raffles Institution, Catholic High School, and Eunoia Junior College, making it convenient for parents to drop off their children before heading to work.
Chiu Teng Group has a reputable track record as a reliable property developer and builder since its establishment in 1999. They have a diverse portfolio of projects that includes well-received industrial developments like CT FoodNEX and residential projects like The Creek@Bukit.
The preview of CT Pemimpin will be held on February 21, 2025. Don’t miss the opportunity to own a rare freehold industrial space. Call 8100 8017 or visit Chiu Teng Group to arrange a viewing. Secure your investment at CT Pemimpin today!