Prime Industrial Gem Hits the Market

In an exciting development for real estate enthusiasts, NTUC FairPrice Co-operative has announced the sale of a coveted freehold industrial property located at the bustling intersection of Upper Thomson Road and Tagore Drive. This highly strategic site is expected to attract a flurry of interest, with industry insiders estimating a price tag of around S$300 million.

What’s the Price Tag?

Valued at approximately S$568 per square foot per plot ratio (psf ppr), this property not only boasts prime location but also offers significant potential for future investment opportunities. Given its freehold status, investors and businesses alike may see this as a rare chance to tap into Singapore's thriving industrial market.

Expert Marketing Strategy

To facilitate this high-profile sale, leading real estate firm CBRE has been entrusted with marketing the property. They are currently spearheading an expression-of-interest exercise, ensuring that potential buyers have a streamlined experience while navigating this promising opportunity.

Why This Location Matters?

Upper Thomson Road is increasingly becoming a hotspot for industrial operations, with strong connectivity and access to major transport hubs. As Singapore continues to evolve its urban landscape, such prime sites are rarely available, making this an unmissable moment for investors looking to expand their portfolios.

Stay Tuned!

With the market buzzing and interest piquing, keep an eye on this development as it unfolds. This could be your chance to secure a piece of Singapore’s industrial future—don’t let it slip away!