INSPACE Freehold B1 Industrial Singapore

INSPACE is a upcoming Freehold B1 Industrial developed by Lian Beng and Oxley. It is located at 24 New Industrial Road, formerly known as Pei Fu Industrial Building.

NEWLY-listed SLB Development announced that subsidiary Oxley Kyanite has exercised the option to acquire freehold Pei-Fu Industrial Building for a total of S$76.25 million.

The transaction price, reported earlier by The Business Times, surpasses the reserve price of S$75 million, and works out to S$489 per square foot per plot ratio (psf ppr), based on the proposed gross floor area (GFA) of 155,864 square feet (sq ft).

This unit land rate does not include a development charge that may be payable to the state, as the development baseline has yet to be ascertained.

INSPACE is within close proximity to Bartley Mrt (CC 12) and Tai Seng Mrt (CC 11), also with several bus stops located at Upper Paya Lebar Road. It is also close to Tai Keng Shopping Centre, Nex Mall, banks and many more.

Project Description : Proposed Multi-User Industrial Development comprising of 1 Blk 8- Storey Factory Building (84 Factory Units with Mezzanine) and other Ancillary Facilities on Lot 99488L MK 23 at New Industrial Road

Project Type : Industrial (Business 1)

Developer : SLB-OXLEY (NIR) PTE. LTD

District : 19

Site Area : Approximately 5,792 sqm / 62,345.1 sqft

Tenure : Freehold

Estimated Vacant Possession / TOP : 31 March 2022

Estimated Legal Completion : 31 March 2025

Total Units : 84

Things you might want to know more about INSPACE Freehold B1 Industrial District 19

INSPACE Freehold B1 Industrial Brochure
INSPACE Freehold B1 Industrial Showflat
INSPACE Freehold B1 Industrial Location
INSPACE Freehold B1 Industrial Price PSF
INSPACE Freehold B1 Industrial Floor Plan
INSPACE Freehold B1 Industrial Developer Sale

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