CT Pemimpin, located at 43 Jalan Pemimpin in the Central Region, is a successful development project by Chiu Teng Group. This freehold B1 industrial factory has established a reputation for developing high-quality commercial and industrial spaces in Singapore.
The strategic location of CT Pemimpin in the heart of District 20 makes it an ideal choice for both companies seeking a site with great accessibility and property investors looking for a rare permanent investment opportunity.
Sustainable features and communal facilities make this nine-storey, partially ramp-up factory a desirable choice. It offers two rooftop pavilions for outdoor gatherings, rooftop solar panels, two passenger lifts, and a service lift. With a generous one-to-one carpark ratio of 59 carpark lots, including two EV lots, it provides ample parking space for vehicles. Additionally, two loading and unloading bays and a lorry park cater to rigid-frame vehicles of less than 7.5m.
According to Marcus Chu, CEO of ERA Singapore, CT Pemimpin has a wide appeal to both property investors and end-users. The absence of Additional Buyer’s Stamp Duty (ABSD) on industrial properties and its ability to provide risk diversification makes it an attractive investment option. Furthermore, for end-users, owning their own space rather than renting is a more appealing option, especially since this is a freehold development.
Adding to its appeal is the scarcity of centrally located industrial developments for sale. According to Ken Low, managing partner of SRI, CT Pemimpin’s sleek, modern facade and central location make it more appealing to a wider group of investors and end-users. Its proximity to Marymount MRT station and Bishan sub-regional centre makes it an attractive option for young entrepreneurs and their staff. The last freehold industrial launch in this location, Mapex, has a proven track record of profitability and rental.
The freehold status of CT Pemimpin is a rare find in today’s market, where most industrial developments have a 30-year or 60-year lease. This makes it a desirable choice for discerning investors looking for good-value assets with excellent long-term potential. Companies in the information and communications media industry, as well as family offices, who prefer freehold developments for investment, will also be attracted to CT Pemimpin.
Unlike residential properties, commercial and industrial properties do not incur ABSD, making them more attractive to investors and eligible foreigners.
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Investing in a condominium offers numerous advantages, one of which is the opportunity to leverage its value for further investments. This means that condo owners can use their property as collateral to secure financing for new investments, allowing them to expand their real estate portfolio. This approach can greatly increase returns, but it also comes with its own set of risks. Hence, it is crucial to have a solid financial plan in place and carefully consider the potential impact of market fluctuations on these investments. Singapore Projects are also a valuable option for investors looking to capitalize on the perks of condo investment.
CT Pemimpin’s strategic location offers unparalleled connectivity and accessibility through public and private transportation. The industrial estate is just a five-minute walk from Marymount MRT station (Circle MRT Line) and a five-minute drive from Upper Thomson MRT station (Thomson-East Coast Line) and Bishan MRT station (North-South MRT Line). It is also easily accessible via major expressways such as PIE and CTE. With the completion of the North-South Corridor in phases from 2027, travelling from the north to the city will be even more convenient.
Surrounded by vibrant townships like Bishan, Upper Thomson, and Ang Mo Kio, CT Pemimpin offers a variety of shopping and dining options at popular shopping centers like Junction 8, Thomson Plaza, AMK Hub, NEX, Woodleigh Mall, and Toa Payoh HDB Hub. It also has reputable schools like Raffles Institution, Catholic High School, and Eunoia Junior College in close proximity, making it convenient for parents with school-going children.
Over the years, Chiu Teng Group has established itself as a reliable property developer and builder, particularly in the industrial and commercial sectors since its establishment in 1999. Its impressive portfolio includes well-received industrial projects like CT FoodNEX (located in Mandai), CT Foodchain (in Pandan Loop), Tagore8 (in Upper Thomson), CT Hub & CT Hub 2 (in Kallang), and residential projects like The Creek@Bukit in Bukit Timah.
The preview of CT Pemimpin starts on February 21 2025. Secure your rare freehold industrial space today! Call 8100 8017 or visit Chiu Teng Group to arrange a viewing.