Overview

 

ABOUT THE EN BLOC SALES

Century Warehouse is an industrial development that is comprised of an 8-storey building with 35 strata units. This freehold property is majorly owned by the renowned Tuan Sing Corporation. Situated along the Pasir Panjang Road, this property exhibits an excellent convenience to its occupants and the businesses surrounding it.

Launched into en bloc on October 2018 with a reserved price of $57 million, the property mainly sits in a b1 industrial zone. This property has a site area of 30,402 square feet. With a huge site area, the property is able to deliver the comfort and convenience that businesses needs.

According to its marketing agent, Knight Frank that the property was sold to a private buyer. Before it was sold, the buyer took into consideration that the site was within a few minutes away from the recently opened honest-bee habitat and the Brass Lion Distillery.

Sold successfully for $48 million when the tender closed on November 2018, the property is iconic in its own unique way. 90% of the strata units or 31 units are owned by Tuan Sing Holdings while third party owners holds the remaining units. It is expected that the owners will receive a staggering amount of $42.4 million as part of the said sale.

There is an expected 100% consensus amidst the owners of the property so there is no need to have an STB approval.

It was stated by its marketing agent that the property has attracted a lot of interested parties to bid creating an impression that industrial properties will be a hit this 2019.

Century Warehouse

 

CENTURY WAREHOUSE LOCATION

The Century Warehouse is located in a very exceptional location that is zoned as an industrial zone. Sitting along the Pasir Panjang Road, the property can be easily accessible to people via major road and public transports. Roads such as West Coast Highway, and Ayer Rajah Expressway (AYE) conveniently links this address to the rest of the country. MRT stations will comfortably aid the people to reach their destinations to and from the Century Warehouse site.

There are also numerous array of different types of businesses that are just around the vicinity. These businesses and establishments include shopping malls such as Vivocity, Far East Plaza, Paragon Shopping Centre and 100 AM to name a few. The site is also within a few minutes away from tourist destinations like Universal Studios Singapore, Adventure Cove Waterpark and Sentosa. These tourist destinations attract a great opportunity for businesses around the area.

Educational institutions such as the Dover Court International School, ACS International, Tanglin Infant & Junior School, Invictus International School, White Lodge Kindergarten and Pasir Panjang Primary School are among the surrounding schools within the area of Pasir Panjang.

With a lot of businesses just around the corner, the people will be able to take advantage of every opportunity available in the area. Major government offices such as embassies and consulates like the Cypriot Consulate in Singapore, High Commission of Malaysia, Taipei Representative, Embassy of Indonesia and many more. These provides an exceptional convenience specially o the tourists and foreign residents.

 

MODE OF TRANSPORT

  • West Coast Highway
  • Haw Par Villa MRT
  • Pasir Panjang MRT
  • Pasir Panjang Road
  • Ayer Rajah Expressway (AYE)
  • Pasir Panjang Centre Bus Stop

 

NEARBY AMENITIES

  • Jambol Place Park
  • MOE Labrador Outdoor Adventure Cnetre
  • Alexandra Retail Centre
  • Blangah Rise Primary School
  • CHIJ St. Theresa’s Convent
  • Kent Ridge Park

 

POTENTIAL OF THE SITE

The Century Warehouse site which is located along the Pasir Panjang Road has an excellent potential when redeveloped. The address is connected by various roads and streets which provides a magnificent convenience to the travelling residents.  The Hillshore is another promising property within Pasir Panjang Road by the renowned Fraxtor Capital.

Close to a good number of tourist destinations, the future development in this address is expected to yield a magnificent sale and rental opportunities for its units. With a huge site area measuring with a whooping 30,402 square feet, this land is an ideal site for a residential or commercial development.

Upon its launch, the site receives a huge interests from potential buyers which makes it a great investment property. The tender sale which was completed on March 27 with the unnamed buyer aims to redevelop the site to something that will attract not only opportunities for the people, but also potential businesses and tourist arrivals. With its address located in the second CBD, there are a lot to expect from the upcoming development on the site.

 

 

CENTURY WAREHOUSE NEW DEVELOPMENT REGISTRATION OF INTEREST

** Do fill up the form below to register for preview and we will update and also email you the brochure once its available.


 

Review of Former Century Warehouse

Century Warehouse
Century Warehouse

Century Warehouse is an industrial development that is comprised of an 8-storey building with 35 strata units. This freehold property is majorly owned by the renowned Tuan Sing Corporation. Situated along the Pasir Panjang Road, this property exhibits an excellent convenience to its occupants and the businesses surrounding it.

Product SKU: Century Warehouse

Product Currency: SGD

Product Price: 48000000

Product In-Stock: InStock