Logistics building at Jalan Ahmad Ibrahim for sale at $50 mil

at EdgeProp.The sale of 301 Jalan Ahmad Ibrahim is being handled by CBRE’s exclusive marketing agent, Knight Frank Singapore, headed by director of capital markets, industrial & logistics, Ian Loh.
Located off Tuas Road, an integrated logistics building at 301 Jalan Ahmad Ibrahim is now on the market for “approximately $50 million” via private treaty, as per marketing agent CBRE. The industrial property has a land area of 403,401 sq ft and is zoned for Business 2 or heavy industrial use; with a plot ratio of 1.4, the total allowable built-up area of the site is 564,761 sq ft, offering 105,483 sq ft of untapped plot ratio.

The existing two-storey warehouse stands on the land with a gross floor area of 459,278 sq ft, including 430,000 sq ft of warehouse space and 26,000 sq ft of ancillary office space; it features a ceiling height of over 8m per floor and has 15 dock levellers for efficient loading of 40-foot containers. In addition, there are 42 container parking lots, a six-tonne cargo lift and two three-tonne goods lifts. Connectivity is also provided by dual entrances via Jalan Ahmad Ibrahim and Tuas Avenue 1, offering easy access to the Ayer Rajah Expressway and the Pan Island Expressway.

The property has a remaining leasehold until 2041 and is being handled by Knight Frank Singapore’s director of capital markets, industrial & logistics, Ian Loh. Graeme Bolin, CBRE’s head of occupier and leasing, industrial and logistics services comments that “301 Jalan Ahmad Ibrahim is well-designed to handle high cargo volumes and offers convenient connectivity to major expressways, making it an efficient choice for import and export activities, especially with its proximity to the Tuas Mega Port and Tuas Checkpoint”.

Located at Zion Road, Havelock MRT Condo is a prime residential enclave situated in the heart of Singapore. It is surrounded by excellent facilities, including restaurants, supermarkets, shopping centres, parks and schools. Residents of Zion Road Condo enjoy great convenience and accessibility to the city. It is mere steps away from the Outram Park MRT station, which links the East-West Line and North-East Line. Furthermore, the Tiong Bahru MRT station, which links several major expressways, is close by.

Given the strategic proximity of the property to the Tuas Mega Port and Tuas Checkpoint, it is ideal for both import and export activities. Its design is equipped to conveniently handle high cargo volumes and the plot ratio offers potential to further expand the built-up area onsite. Recent industrial sales transactions on Jalan Ahmad Ibahim can also be viewed on EdgeProp Research. Thus, this property presents an attractive opportunity for potential buyers.