(65) 6100 8123
B1 Freehold Industrial Units For Sale5 minute Walk to MRT StationOnly 5 Production Units + 1 Rare Canteen Left (Updated 5 April 2022)
5 Storey Industrial Factory, 19 Units, Canteen at First Floor
Latest News And Updates
- 29-05-2023: Due to the current situation, it is essential that you would need to confirm your showflat appointment. Book an Appointment to get view Space 21 and book your appointment time slot to enjoy the Best Discounts.
- 31-01-2022: Sales is going fast, Only 11 Units left
- 31-12-2021: If you have any questions? Contact Our Space 21 Developer Appointed Marketing Team at +65 6100 8123 for further assistance
- 12-10-2021: Floor Plans For Space 21 are now available
- 12-10-2021: Register with us to receive the latest site plan and promotions
- 12-10-2021: The Space 12 Location Map has been updated
- 12-10-2021: Welcome to Space 21 Singapore Official Site
ABOUT SPACE 21
Space 21 is a brand new Freehold industrial building located at the edge of the city in District 14. It takes just 5 minutes to walk to Aljunied MRT station. Consisting of only 19 units, with an exceptional tall ceiling height of 7 m, this development would be fitting for own usage or to rent out.
With The Ministry of Trade and Industry launching only 20 to 30 year tenure land and freehold industrial unit will be effectively rare and bolt very well in the future.
Space 21 would be a great investment property for those who wants to leave a legacy for their family or company.
IN A NUTSHELL, SPACE 21 IS:
- In District 14
- 5 minute walk to Aljunied MRT Station
- With 19 factory units plus 1 canteen
- With High ceiling of 7m enable better use of space
- With Loading bay for 20 footer trucks
- With Dual key layout as an option
- Expected to TOP or completed in Mid 2023
- With No Additional Buyer Stamp Duty (ABSD)
- Available for Foreigner Purchase
- Still Under-construction, which is the best time to get the best prices
SINGAPORE INDUSTRIAL REAL ESTATE: GOING STRONG
An interesting article from Business Times, 16 September 2021 indicated the following:
Uptrend in occupancy and rents expected to be sustained
Healthy demand on back of strong manufacturing output
JTC All Industrial Rental Index rose for third straight quarter
E-commerce and logistics are some of the hotspots
Occupiers looking for prime logistics space will remain extremely limited
Industrial real estate will sustain a strong growth momentum
Article is at: https://www.businesstimes.com.sg/hub-projects/property-2021-sept-issue/singapore-industrial-real-estate-going-strong
As such, the future industrial market look set to be healthy and seems to be a great place for investment considerations.
B1 INDUSTRIAL USAGE
B1 is classified as clean and light industrial usage. Some users are those companies requiring much storage space within their offices and suitable for those in research and development, information technology, information and communications technology, design, software, manufacturing of small items, etc.
Business 1 Industrial information can be found at:
READY FOR THE FUTURE
The real estate landscape of Singapore is going to change to another price level. The average land prices are going up, the cost of materials and labour are going up. Developers have no choice but to follow suit. Buy into Current Price and Don't buy into Future Price.
AVAILABLE FOR VIEWING AND PRESENTATION
The opportunity to own a FREEHOLD B1 Industrial unit at City Fringe of Singapore is here and ready for you. Do contact us for viewing and let us explain the Industrial Property environment in Singapore so that you can make an informed decision. Viewing is strictly by appointment only.
Developer - JVA Ventures
The developer of Space 21 is JVA Venture Pte Ltd. Established since 2007, it is a dynamic property developer which started with individual landed houses to cluster houses, apartments and industrial property. They are a strong believer in ensuring quality finishes that is built to last.
Their recent track records include Food Concept @ Pandan, Sandy Eight, Lotus Ville (at Telok Kurau), Meridian 38, Grandioso 8 and many others.
They will be working together with H.U.A.Y Architects for Space 21 and they will be doing the Contractor work as well. This will enable them to work with no delay in construction.
The track records of H.U.A.Y Architects incude One St Micheal, Emery Point, Residence @ Emerald Hill and Meyer Residence.
Space 21 has been designed to be timeless and modern and is unique with a high ceiling height of 7m for greater flexibility and be impressive.
Excellent Location at City Fringe
Being at the city fringe meants that Space 21 is at the central part where commercialism is most active. The Master Plan 2019 is already depicting many transformations that would add value to the industrial buildings here.
Within 5 minute of walking distance, you will be able to reach Aljunied MRT Station and only 1 stop away from Paya Lebar Commerical Hub.
Being at the central portion of Singapore, going to the East, West and North of Singapore will be a breeze. It is also easily accessible via various major expressways.
You will be spoiled for food choices as there are plenty of famous food and beverage outlets nearby. Geylang area is one of the more popular food hub. For more premium outlets, the Paya Lebar area will be a convenient place to go.
Freehold B1 Building
Getting a good industrial unit is not that simple. There are only 23% of industrial properties athat are strata titled, meaning available for sale to an organiation or indiviual.
The freehold industrial real estate grew 142% in terms of psf verus 48% for 30 and 60 year leasehold industrial. Freehold properties in Singapore is indeed rare and opportunities to own them are very limited.
Please note that for Industrial Properties, there will be no Additional Buyer Stamp Duty (ABSD)
Book An Appointment and Viewing
Book an appointment here or call us at +65 6100-8123 for a thorough presentation of Space 21 and the industrial market of Singapore. In addition, we will also provide you with commercial property financial consultation.
Please take note that the units for sale at Space 21 are on a first-come-first-served basis.
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Commercial Properties Singapore
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Hotline: +65 6100 8123