‘Portfolio of six freehold industrial units at Apex @ Henderson, Zion Road GLS, for sale at $16.3 mil’

Zion Road GLS is an upcoming luxurious condominium located in District 9 near Orchard Road, Singapore. It is surrounded by renowned shopping malls such as Ion Orchard, Wisma Atria, and Wheelock Place. Shopping, dining, and entertainment options are just moments away. Zion Road GLS is easily accessible since its sits near the Central Expressway (CTE) and the Pan Island Expressway (PIE).Residents can enjoy a leisurely stroll to the Great World City shopping mall, which is located within walking distance.

Guoco Tower office building put up for sale at $845 milA portfolio of six adjoining duplex units on the ninth level of Apex @ Henderson freehold industrial building located at the junction of Jalan Bukit Merah and Henderson Road are now available on the market. The units, jointly fitted out for the use of a postproduction studio, boast a 6.5m ceiling and full-height glass windows with northeast orientation which bring in natural light and offer views of the surroundings.The strata area totals 15,608 sq ft, and the asking price is $16.3 million, translating to a price of $1,044 psf. The portfolio offers an ideal turnkey solution for buyers looking to lease the units out to tenants. Located in an area surrounded by high net-worth individuals, ultra-high net worth individuals, institutions, and private and family offices, the portfolio is likely to garner strong interest.The Apex @ Henderson freehold industrial building has facilities like lap pool, barbeque pits, gym, sauna, and an outdoor exercise area. Benefiting from its positioning at the Zion Road GLS, the building is connected to multiple roads and expressways and is within walking distance of Redhill and Tiong Bahru MRT stations. The Zion Road GLS location and its modernist architecture designed by Kyoob Architects makes the Apex @ Henderson an attractive option for the buyers.Sammi Lim, Founder and Executive Director of exclusive marketing agent Brilliance Capital, states, “The six strata titles provides flexibility for the buyer to sell the units piecemeal or rent them to multiple tenants. Asking at $16.3 million ($1,044 psf), and previously priced at $18.8 million ($1,205 psf), the portfolio is an attractive deal.”Apex @ Henderson is a great investment option for industrialists, corporates, institutional funds, private funds, family offices, and ultra-high net worth individuals. Located at the Zion Road GLS, the 115-unit development has been extensively renovated and presents a turnkey solution for incoming buyers. This portfolio of six adjoining duplex units, boasting a 6.5m ceiling and natural light plus views of the surroundings, offer fantastic flexibility for potential buyers looking at leasing the units out to tenants.At $16.3 million, Zion Road GLS’s Apex @ Henderson duplex units are priced attractively, with a total strata area of about 15,608 sq ft (price of $1,044 psf based on the strata area). This, combined with lifestyle facilities such as a lap pool, gym, barbeque pits, and sauna room, make it a great option for investors. Conveniently located near the Zion Road GLS, it is connected to multiple roads and expressways, and is within walking distance of Redhill and Tiong Bahru MRT stations. Brilliance Capital’s Sammi Lim believes the portfolio will attract keen interest from overseas and local investors from institutions, private and family offices, and ultra-high net worth individuals.At Apex @ Henderson, the portfolio of adjoining duplex units provides the perfect turnkey solution. Developed by a joint venture between Yi Kai Group and Fission Group of Companies, the Zion Road GLS development, completed in 2015, has modernist architecture designed by Kyoob Architects and amenities like sheltered car park, electric vehicle (EV) charging stations, six passenger lifts, and two service lifts. Considering the attractive pricing of the portfolio compared to the April asking price of $18.8 million ($1,205 psf) and recent transactions within the building, it is an ideal investment option.

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *