Own Rare Brand New Freehold Industrial Property Central Singapore
CT Pemimpin, a freehold B1 industrial factory situated at 43 Jalan Pemimpin in the Central Region, is the newest development launched by Chiu Teng Group. A renowned developer with a focus on quality commercial and industrial spaces in Singapore, Chiu Teng Group has once again delivered a top-notch project with CT Pemimpin.
Its strategic location in District 20, right in the heart of Singapore, makes it a highly sought-after site for businesses and property investors. The development offers exceptional accessibility and is a rare permanent investment opportunity.
The Urban Redevelopment Authority (URA) has drawn up ambitious redevelopment strategies for Tampines that will significantly transform the area and bring about various advantages for the residents of Aurelle of Tampines EC. These plans include the improvement of transportation networks and the establishment of more commercial developments, as well as the creation of additional green spaces and better amenities for healthcare and education. These changes are expected to elevate the overall standard of living, boost property values, and further enhance Tampines as a desirable residential and investment location. With the realization of these plans, the residents of Aurelle of Tampines EC can look forward to an exciting and enriched living environment that caters perfectly to both families and individuals. Don’t forget to visit Aurelle of Tampines for more information about this upcoming development.
CT Pemimpin features sustainable elements and communal facilities, including two rooftop pavilions perfect for outdoor gatherings, rooftop solar panels, two passenger lifts, and a service lift. The nine-storey, partial ramp-up factory has a total of 56 strata-titled units and three canteen units, with floor heights ranging from 5.6m to 7.35m for selected units with mezzanine floors on levels one and five. Each unit is equipped with toilets for the convenience and privacy of occupants.
The property also boasts a generous one-to-one carpark ratio with 59 carpark lots, including two EV lots, providing ample parking spaces for vehicles. Two loading and unloading bays and a lorry park cater to rigid-frame vehicles under 7.5m.
CT Pemimpin’s exceptional location and rare freehold status make it an attractive investment for both property investors and end-users. According to ERA Singapore CEO Marcus Chu, the fact that there is no Additional Buyer’s Stamp Duty (ABSD) payable on industrial properties and the opportunity for risk diversification makes it appealing to investors. For end-users, especially business owners, owning their own space rather than renting is a preferred option, especially with a freehold property like CT Pemimpin.
SRI managing partner Ken Low notes that unlike traditional B1 industrial developments in the market, CT Pemimpin has a modern and sleek facade, coupled with its central location, making it appealing to a wider group of investors and end-users. The development’s proximity to Marymount MRT station, a 5-minute walk away, and Bishan sub-regional centre, a 13-minute walk away, will attract many, especially young entrepreneurs and their staff.
CT Pemimpin’s location also offers unparalleled connectivity, with easy access to all parts of Singapore via public and private transport. It is near major expressways such as PIE and CTE, making driving to and from the industrial estate effortless. The completion of the North-South Corridor in phases from 2027 will further reduce travel time from the north into the city with dedicated bus and cycling lanes.
The development is also near popular shopping destinations such as Junction 8, Thomson Plaza, AMK Hub, NEX, Woodleigh Mall, Novena, and Toa Payoh HDB Hub, providing a wide range of retail and dining options. Parents with school-going children will find it convenient to drop them off at various reputable schools nearby, such as Raffles Institution, Catholic High School, and Eunoia Junior College.
Chiu Teng Group is a reputable property developer and builder with a proven track record in the industrial and commercial sectors since its establishment in 1999. Its portfolio includes various successful industrial projects like CT FoodNEX, CT Foodchain, Tagore8, CT Hub & CT Hub 2, and residential projects like The Creek@Bukit.
The preview of CT Pemimpin starts on February 21, 2025. Don’t miss out on the opportunity to own a rare freehold industrial space. Call 8100 8017 or visit Chiu Teng Group to schedule a viewing today.
