Photo of 5 Kaki Bukit Place (Source: Huttons Asia)
A prime 60-year leasehold industrial property at 5 Kaki Bukit Place will be put up for auction on 19 July
2023 at a guide price of $5.35 million or $1,116 psf on land.
Situated within Eunos Techpark I, this five-storey intermediate terrace factory covers a land plot of approximately 4,795 sq ft and a gross floor area of 13,100 sq ft. The property is designated for Business 2 operations in accordance with the URA’s Master Plan 2019 and enjoys a gross plot ratio of 2.5. The property has a remaining lease of 32 years.
Strategically positioned in District 14, the property provides seamless connectivity to Kaki Bukit MRT Station on the Downtown Line and to a network of arterial roads that lead to major expressways, including the Pan-Island Expressway, East Coast Parkway Expressway, and Kallang-Paya Lebar Expressway. In addition, Paya Lebar Central is just a short drive away.
James Wong, Head of Sales and Auction at Huttons Asia Pte Ltd said: “The property comes equipped with essential facilities such as a passenger and cargo lift, a loading area, and at least four parking lots. The location is further complemented by a host of amenities nearby, including eateries, pharmacies, convenience stores, and banks, creating an environment of convenience.”
“Recent transactions in Kaki Bukit Place include 34 Kaki Bukit Place which was sold for $9 million or $1,297 psf on land in May 2023. At a guide price of $5.35 million or $1,116 psf on land, 5 Kaki Bukit Place is very attractively priced,” concludes Lee Sze Teck, Senior Director of Research, Huttons Asia.
The property will be put up for auction on 19 July 2023.
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For further information, please contact:
James Wong, Head of Sales and Auction, Huttons Asia
Tel: +65 9113 3113 | jameswong@huttonsgroup.com
Huttons Asia Pte Ltd (Licence No: L3008899K)