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Located within BHL Factories, at 2A and 2B Mandai Estate, the terrace factories have a combined strata area of 61,193 sq ft. Photo: Knight Frank
Four freehold strata terrace factories in Mandai Estate have been put up for sale via expression of interest (EOI) with a guide price of $72 million, revealed exclusive marketing agent Knight Frank Singapore.
Located within BHL Factories, at 2A and 2B Mandai Estate, the terrace factories have a combined strata area of 61,193 sq ft. They are zoned for “Industrial (B2)” use, which means no Additional Buyer’s Stamp Duty (ABSD) is payable for their acquisition.
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“Freehold, B2 industrial sites in excess of 60,000 sq ft are rarely available and will appeal to users in search of larger factory spaces,” said Knight Frank.
“Potential purchasers can also explore options to redevelop BHL Factories with other owners within the development.”
With an area of 80,287 sq ft, BHL Factories is zoned for “Industrial (B2)” use under the 2019 Master Plan, with an allowable plot ratio of 2.5.
It enjoys easy accessibility to other parts of the city-state via the Kranji Expressway (KJE), Seletar Expressway (SLE) and Bukit Timah Expressway (BKE).
The EOI exercise for the factories closes on 22 July.
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Victor Kang, Digital Content Specialist at PropertyGuru, edited this story. To contact him about this story, email: victorkang@propertyguru.com.sg
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