Century Warehouse in Pasir Panjang up for sale at $57m

It has 35 strata units and a total strata area of 56,539 sq ft.

Century Warehouse in Pasir Panjang Road is up for sale at $57m, Knight Frank Singapore revealed.

Classified as a B1 freehold industrial development, the 8-storey warehouse with basement carpark has 35 strata units with a total strata area of 56,539 sq ft. It sits on a site with an area of 2,824.4 sqm and is regular in shape with a frontage.

The property is housed within an exclusive industrial enclave, surrounded predominately by other industrial developments such as Interlocal Centre and OC @ Pasir Panjang, as well as Mapletree Business City. It is approximately a 10-minute walk to both Pasir Panjang MRT and Labrador MRT Stations.

It is also accessible to major arterial roads and expressways such as the West Coast Highway and Ayer Rajah Expressway.

With owners eyeing offers of $57m, the land rate for the property translates to about $750 psf ppr.

The tender for Century Warehouse will close on 30 November 2018, at 3.00 pm.