EDMUND TIE Relaunches a Five-storey Light Industrial Development in Yishun At a Reduced Price of S$15 Million

Property includes two ready-to-use cleanrooms, a rarity in today’s industrial sales market, which can help business owners defray costs in setting up such facilities from scratch

Singapore, 26 March 2024 – EDMUND TIE, as the exclusive marketing agent, is relaunching for sale a five-storey light industrial building located at 543 Yishun Industrial Park A. The sale will be by way of an expression of interest exercise; interested parties are invited to submit their interest by 24 April 2024 at 3pm.

543 Yishun Industrial Park A has a site area of 7,521.6 sq m (approximately 80,962 sq ft), with a balance lease term of around 30 years. It has an existing gross floor area (GFA) of 9,885.8 sq m (approximately 106,410 sq ft), spread across warehouse space on Levels 1 and 5, cleanrooms on Levels 1 and 3, and ancillary office space on all levels.

According to URA Master Plan 2019, the site is zoned for ‘Business 1’ use with a plot ratio of 2.5. This translates to a maximum allowable GFA of 18,804.0 sq m (approximately 202,405 sq ft), allowing the successful buyer to tap on the unutilised GFA for future expansion.

543 Yishun Industrial Park A will be sold on an as-is-where-is condition without tenancy. The indicative guide price for the property is S$15 million, reflecting approximately S$141 per sq ft on the existing GFA.

Ms Swee Shou Fern (徐晓芬), Head of Investment Advisory at EDMUND TIE, says, “It is increasingly difficult to come across industrial properties equipped with pre-existing cleanrooms in today’s market. The subject property boasts of two well-maintained cleanrooms, making it an ideal fit for companies operating in manufacturing, electronics, optics, pharmaceutical and precision engineering. More importantly, these cleanrooms of approximately 3,500 sq m in total area can help business owners defray some costs associated with setting up such new facilities from scratch.”

“Alternatively, companies in other industries can repurpose the space for different uses, by exploring alterations and additions (A&A) works to adapt the cleanrooms for their specific needs, subject to authorities’ approval,” adds Ms Swee.

Located within an established industrial park area that is surrounded by housing estates, 543 Yishun Industrial Park A has prominent dual road frontages along Yishun Industrial Park A and Yishun Avenue 8. It is within a short drive to Canberra and Yishun MRT stations and enjoys convenient access to amenities at nearby markets, food centres and shopping malls. Access to other parts of Singapore can be via major arterial roads and expressways including Yishun Avenue 2, Seletar Expressway (SLE) and Tampines Expressway (TPE).

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