Industrial building at 1 Ang Mo Kio Street 63 on sale for $27m

The three-storey building has a large loading area and car park.

A three-storey industrial building located at 1 Ang Mo Kio Street 63 was put on sale through private treaty for $27m, announced CBRE.

The property has a large loading area and car park for redevelopment. It also has an ancillary office and staff canteen.

It sits on an 87,340-square-foot site and has a total gross floor area of over 116,768 square feet. 

The development consists of warehouse space which spans across levels 1 and 2, while level 3 serves as a research and development and quality control facility. 

Graeme Bolin, head of occupier and leasing, industrial and logistics services, said the location of the property will appeal to those in the technology cluster, industrialists in advanced manufacturing, hi-tech, and semiconductor sectors.

He added that the property is near the Yio Chu Kang Mass Rapid Transit station and offers immediate access to workers in the nearby residential area.