Photo of Pandan Loop (Source: Huttons Asia)
A B2 industrial building at Pandan Loop is up for sale via an expression of interest (EOI) exercise at a guide price of $45 million.
The 5-storey property currently has 25 cold rooms. Level 1 to 5 are fully configured for chiller usage while level 1,2 and 5 feature dual function capabilities as both chiller and freezer, offering highly versatile cold chain configurations. The freezers within the property can go as low as -30 degrees.
The land size is approximately 70,323 sq ft while the build-up is approximately 175,308 sq ft. The standalone building has a wide frontage of approximately 62 metres along Pandan Loop.
Jeremy Lim, Chief Advisory District Director at Huttons Asia, notes that this B2 industrial building has a total of 16 loading bays, of which 14 of them are designed for 40-foot containers and the remaining for 20-foot containers alongside with 5 cargo lifts. The ceiling height of each level is approximately 11.4m tall. “The building underwent major construction and improvement in 2015 making it one of the buildings with the highest specifications in the area,” he says.
Rey Song, District Director of Huttons Asia, believes the property is highly sought after and ideal for established companies in the logistics and F&B industries. “The state-of-the-art technology and features of the building reduces the need for further upgrades. It is within 1.8km from the Pandan Reservoir MRT station of the upcoming Jurong Region Line that starts operating in 2028/2029. It is within a 10 minutes’ bus ride from Clementi MRT station. The close proximity of the property to amenities adds very much to its appeal,” he says.
“This purpose-built niche industrial building with cold rooms and freezers are hard to find in the market. The tall ceiling height and large number of loading/unloading bays offers operational efficiency and readiness for logistics and F&B companies,” added Lee Sze Teck, Senior Director of Data Analytics of Huttons Asia.
The EOI exercise will close on 9th July at 3pm.
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For further information, please contact:
Jeremy Lim, Chief Advisory District Director, R017809A
Tel: +65 8858 1212 | [email protected]
Huttons Asia Pte Ltd (Licence No: L3008899K)
Rey Song, District Director, R062764C1234
Tel: +65 9239 4610 | [email protected]
Huttons Asia Pte Ltd (Licence No: L3008899K)