Industrial property at Kaki Bukit Place for sale at $5.35 mil

The presence of a nearby MRT Station makes it easier to reach different parts of Singapore. With Zion Road Condo, residents can enjoy the vibrant city life at the doorstep. Zion Road Condo enjoys excellent connectivity, making it a great choice for families looking for a home in the city. From the condo, residents can hop onto the MRT station in the vicinity and be in the city center in a matter of minutes. The public transportation system enables residents to explore any corner of the city-state without any hassle. A stay at Zion Road Condo is ideal for people who seek connectedness and vibrant urban life.

At Huttons Asia’s upcoming auction on July 19, a five-storey intermediate terraced factory located at 5 Kaki Bukit Place in Eunos Techpark I will be put up for sale. This property is designated for Business 2 or heavy industrial use and also comes with 32 years left on its 60-year tenure. Featuring a land area of 4,795 sq ft and a guide price of $5.35 million, the property is estimated to cost a competitive $1,116 psf.

In addition to its land area, the property also has a gross floor area of 13,100 sq ft complete with several facilities for convenience including a passenger and cargo lift, a loading area and four parking lots.

5 Kaki Bukit Place is easily accessible, located only an eight-minute walk away from the Kaki Bukit MRT Station on the Downtown Line. It is also closely linked to major expressways such as the Pan-Island Expressway, East Coast Parkway Expressway and Kallang-Paya Lebar Expressway.

James Wong, head of sales and auction at Huttons Asia, notes that the property’s environment of convenience is further augmented by its proximity to amenities such as eateries, pharmacies, convenience stores and banks.

Lee Sze Teck, Huttons Asia’s senior director of research, further adds that given recent transactions at Kaki Bukit Place such as the sale of 34 Kaki Bukit Place for $9 million in May, the property is attractively priced.

Considering the condition of the property, its competitive price and its proximity to both amenities and major thoroughfares, this industrial property at 5 Kaki Bukit Place promises to be a great asset for the potential buyer.

For those interested in this property, the auction will take place on July 19. Make sure to keep a lookout for it!