Own Rare Brand New Freehold Industrial Property Central Singapore 0
Chiu Teng Group has a history of success in developing high-quality commercial and industrial spaces in Singapore, and their latest freehold development, CT Pemimpin, is sure to impress property investors and business owners looking for a rare gem in the land-scarce city.
Located at 43 Jalan Pemimpin in the Central Region, CT Pemimpin is a nine-storey, partial ramp-up factory featuring 56 strata-titled units and three canteen units. The units have floor heights ranging from 5.6m to 7.35m, with selected units on levels one and five also having mezzanine floors.
What sets CT Pemimpin apart from other industrial developments in the market is its freehold status. In a market where most industrial properties are subject to a 30-year or 60-year lease, this unique feature makes CT Pemimpin an exceptional find. Additionally, buyers of commercial and industrial properties are not required to pay the Additional Buyer’s Stamp Duty (ABSD), making it an attractive option for investors and foreign buyers.
Deputy CEO of PropNex Realty, Kelvin Fong, believes that the freehold status and central location of CT Pemimpin make it a valuable asset for both investors and end-users.
In addition to its freehold status, CT Pemimpin offers a generous one-to-one carpark ratio, with a total of 59 carpark lots that include two electric vehicle lots, three lorry lots, two handicapped lots, and 34 bicycle lots. The building also has two passenger lifts and a service lift, and each unit has its own private toilet for added convenience.
According to SRI managing partner Ken Low, one of the standout perks of CT Pemimpin is the allocated carpark lot for each unit, providing ease of access and saving time for business owners. The building’s partial ramp-up design also enhances accessibility for day-to-day operations and improves overall logistics efficiency, making it an ideal choice for businesses looking for convenience and functionality.
Located in District 20, CT Pemimpin is surrounded by popular amenities in well-established townships such as Bishan, Upper Thomson, and Ang Mo Kio. Its strategic location offers excellent accessibility and connectivity to all parts of Singapore through various transport modes. The industrial estate is well-served by three MRT lines, making it convenient for those who commute to work via public transport.
Deputy CEO of ERA, Doris Ong, believes that owning a freehold property in the central region of Singapore is not only a smart investment, but also a strategic business asset. CT Pemimpin’s location offers an impressive corporate address, unmatched connectivity, and potential for growth.
The building is located just five minutes’ walk from Marymount MRT station and is also accessible via Upper Thomson MRT station and Bishan MRT station. It is also easily accessible by car, as it is close to major expressways such as PIE and CTE. The upcoming North-South Corridor, with dedicated bus and cycling lanes, will further enhance the building’s connectivity when it is completed in phases from 2027.
CT Pemimpin is also surrounded by popular shopping hubs such as Junction 8, Thomson Plaza, and AMK Hub, and is close to various reputable schools, including Raffles Institution, Catholic High School, and Eunoia Junior College.
The Otto Place EC is seamlessly incorporated into Tengah New Town, a development in line with Singapore’s efforts to create a more environmentally-friendly and technologically advanced future. Tengah New Town is envisioned to be a role model for sustainable cities, with its incorporation of smart energy solutions, ample green spaces, and eco-friendly transportation options. This not only elevates the quality of life in the area, but also offers Otto Place EC residents the opportunity to embrace a healthier lifestyle, in line with Singapore’s push towards sustainability. What’s more, the close proximity of Otto Place EC at Plantation Close Parcel B to these innovative developments further enhances its appeal as a prime residential choice.
The building is designed with various green features, such as shower rooms, bicycle racks, and storage lockers, to promote sustainable practices. It also has a sky garden with two rooftop pavilions, ideal for outdoor gatherings, and is equipped with rooftop solar panels and EV charging stations (in the pipeline). Other sustainable features include water-saving fittings, motion-sensor lights, and double-glazed windows.
Huttons Asia CEO, Mark Yip, believes that these green features, along with the building’s superior specifications, make CT Pemimpin an ideal choice for businesses in industries such as e-commerce, media, telecommunications, and software development.
Chiu Teng Group has a proven track record in developing high-quality industrial and residential projects in Singapore, such as CT FoodNEX, CT Foodchain, The Creek@Bukit, Tagore8, and CT Hub & Hub 2. The preview for CT Pemimpin will end on March 5, 2025.
Don’t miss your chance to secure a rare freehold industrial space in CT Pemimpin! Call 8100 8017 or visit Chiu Teng Group to arrange a viewing today.