CT Pemimpin, located at 43 Jalan Pemimpin in the Central Region, is a freehold B1 industrial factory developed by Chiu Teng Group. The renowned developer has established a reputation for delivering high-quality commercial and industrial spaces in Singapore.
Strategically located in the heart of Singapore’s District 20, CT Pemimpin offers excellent accessibility, making it an ideal choice for companies seeking a prime location and property investors looking for a rare long-term investment opportunity.
Green Features and Shared Amenities
The nine-storey factory boasts sustainable features, including rooftop solar panels, two rooftop pavilions for outdoor gatherings, two passenger lifts and a service lift. The development also includes 56 strata-titled units, three canteen units, floor heights ranging from 5.6m to 7.35m (for selected units with mezzanine floors on levels one and five), and individual units equipped with toilets for convenience and privacy.
CT Pemimpin also offers a generous one-to-one carpark ratio with 59 lots, including two EV lots, for ample vehicular parking spaces. Two loading and unloading bays and a lorry park cater to vehicles of less than 7.5m.
Appealing Scarcity Factor
According to ERA Singapore CEO Marcus Chu, CT Pemimpin is a highly attractive option for both investors and end-users. As industrial properties do not incur Additional Buyer’s Stamp Duty (ABSD) in Singapore and provide risk diversification, the development appeals to investors. Business owners, on the other hand, prefer to own their workspace rather than rent, making CT Pemimpin an excellent choice as a freehold property.
SRI Managing Partner Ken Low adds that CT Pemimpin stands out from traditional B1 industrial developments due to its modern facade and central location. With its close proximity to Marymount and Bishan MRT stations, the freehold development is a rarity in the market. Its successful predecessor, Mapex, launched more than ten years ago in the same area, lays a strong foundation for CT Pemimpin’s potential profitability and rental returns.
Exceptional Freehold Status and Investor Appeal
CT Pemimpin’s freehold status makes it a unique and valuable find in today’s market, where most industrial developments have a 30-year or 60-year lease. It also appeals to investors looking for long-term potential, including family offices and companies in the information and communications media industry seeking clean B1 spaces, as freehold developments are not subject to ABSD.
Unparalleled Connectivity
The development’s strategic location offers seamless accessibility to all parts of Singapore, whether by public or private transport. Situated a short walk away from Marymount MRT station (Circle Line), Upper Thomson MRT station (Thomson-East Coast Line), and Bishan MRT station (North-South Line), CT Pemimpin also provides easy access to major expressways such as PIE and CTE. The upcoming completion of the North-South Corridor in 2027 will further reduce travelling time for those commuting from the north into the city.
CT Pemimpin is surrounded by bustling townships like Bishan, Upper Thomson, and Ang Mo Kio, with an array of retail and dining options at popular shopping destinations like Junction 8, Thomson Plaza, AMK Hub, NEX, Woodleigh Mall, Novena, and Toa Payoh HDB Hub. It also has reputable schools in the vicinity, including Raffles Institution, Catholic High School, and Eunoia Junior College, providing added convenience for families with school-going children.
Rewritten:
Investing in a Singapore condo offers a variety of advantages, one being the opportunity to utilize the property’s value to further your investments. This approach involves using your condo as collateral to secure financing for additional investments, ultimately growing your real estate portfolio. While this can lead to increased returns, it is important to have a solid financial plan in place and consider the potential risks associated with fluctuations in the market.
Chiu Teng Group’s Trustworthy Reputation
As a trusted property developer and builder, Chiu Teng Group, founded in 1999, has a solid track record in the industrial and commercial sectors. Their impressive portfolio includes notable projects such as CT FoodNEX (located in Mandai), CT Foodchain (in Pandan Loop), Tagore8 (in Upper Thomson), CT Hub & CT Hub 2 (in Kallang), and residential developments like The Creek@Bukit in Bukit Timah.
The preview of CT Pemimpin begins on February 21, 2025. Secure your rare freehold industrial space today! Contact 8100 8017 or visit Chiu Teng Group to arrange a viewing.