5-hectare industrial site up for sale in Gul
It features a warehouse and production space.
An industrial site spanning five hectares in the Gul vicinity is now available for sale.
According to the property’s sole marketing agent, Cushman & Wakefield, the asset, featuring a warehouse and production space, offers a prime opportunity for investors and developers.
Situated near the Gul Circle MRT station and key infrastructures like Tuas Checkpoint and Jurong Island, the site covers approximately 549,251 square feet with an existing gross floor area of approximately 359,926 sq ft.
Following recent asset enhancement works in 2022, including a revamped office interior design, the property now boasts a potential built-up area of up to 768,951 sq ft.
“Rarely does a sizable land plot becomes available in land-constrained Singapore, presenting a unique opportunity for end-users with substantial space requirements,” said Brenda Ong, executive director, logistics and industrial markets at Cushman & Wakefield.
“The site is particularly ideal for high-tech manufacturing facilities in new economy sectors such as Biotechnology, Advanced Equipment Manufacturing, New Energy, Advanced Materials, and New Energy Vehicles, which prioritise automation and technology-driven production,” she added.
The property is also primed for use as a logistics or large manufacturing facility, making it highly attractive to production/manufacturing plants, high-tech manufacturers, and warehouse users alike.
The sale will be conducted via an expression of interest exercise closing on Tuesday, 30 July at 3 p.m.