Hersing Corporation sells 2 adjoining industrial sites on Tampines Street 92
Both sites have a total land area of 214,880 sq ft.
Brand manager and service provider Hersing Corporation is selling two adjoining industrial sites at 21 and 23 Tampines Street 92.
CBRE, the official marketing agent of the properties, said the two sites have a total land area of 214,880 sq ft and a tenure of 30 years w.e.f. 9 July 2007.
Under the Master Plan 2019, the sites were zoned for “Business 2” use, with a plot ratio of 1.4.
Separately, the site at 21 Tampines Street 92, where a 6-storey multi-user food factory sits, has a gross floor area of 165,462 sq ft.
CBRE said the factory comprises four floors of food factories and two floors for ancillary usage.
Meanwhile, the property at 23 Tampines Street 92 comprises four floors of warehouses, three floors of car parking and one floor for ancillary usage, within the 8-storey industrial building. The site where the property sits has a gross floor area of 132,836 sq ft,
"We are optimistic that 21 & 23 Tampines Street 92 will provide the successful buyer with an opportunity to build a presence in general industrial and food facility within the eastern part of Singapore," Graeme Bolin, head of Occupier and Leasing, Industrial and Logistics Services at CBRE, said.