Chiu Teng Group’s latest development, CT Pemimpin, is set to impress property investors and business owners in land-scarce Singapore with its success in delivering quality commercial and industrial spaces.
Located at 43 Jalan Pemimpin in the Central Region, CT Pemimpin is a rare freehold B1 industrial building consisting of 56 strata-titled units and three canteen units. With floor heights ranging from 5.6m to 7.35m, selected units on levels one and five also feature mezzanine floors.
What sets CT Pemimpin apart from other industrial developments in the market is its freehold status. This is a valuable asset, considering most industrial developments have a lease of only 30 or 60 years. Additionally, buyers are not subject to Additional Buyer’s Stamp Duty, making it an attractive investment option for both local and foreign investors.
Deputy CEO of PropNex Realty, Kelvin Fong, believes that the development’s central location and freehold status make it a great investment for both investors and end-users.
Aside from its freehold status, CT Pemimpin boasts an impressive one-to-one carpark ratio, with 59 carpark lots including two electrical vehicle lots, three lorry lots for less than 7.5m rigid-frame vehicles, two handicapped lots, and 34 bicycle lots. The building is also equipped with two passenger lifts and a service lift, ensuring convenience for occupants.
According to SRI managing partner Ken Low, one of CT Pemimpin’s standout features is the allocated carpark lot for each of the 59 units. This will provide seamless accessibility and save time for business owners. Low also adds that the partial ramp-up design allows for efficient loading and unloading of goods, making it an ideal choice for businesses looking for convenience, functionality, and easy access, on top of its central location.
One of the advantages of investing in a condominium is the option to use its value to secure funding for additional investments. This allows investors to grow their real estate portfolio by using their condo as collateral for new projects. However, while this approach can potentially increase returns, it also carries some risks. Therefore, it is important to have a well-thought-out financial plan and take into account the potential impact of market fluctuations. Additionally, considering New Condo Launches can also be a beneficial factor in expanding one’s investment opportunities.
Speaking of location, CT Pemimpin is situated in District 20, a highly sought-after area due to its close proximity to popular townships like Bishan, Upper Thomson, and Ang Mo Kio. The development offers excellent accessibility and connectivity to all parts of Singapore, with three MRT lines, making it convenient for those who commute by public transport.
Deputy CEO of ERA, Doris Ong, believes that owning a freehold property in such a central location is not only a smart investment, but also a strategic business asset. It offers an impressive corporate address, unmatched connectivity, and enduring potential for growth.
CT Pemimpin is conveniently located just five minutes’ walk from Marymount MRT station and is also accessible via Upper Thomson MRT station and Bishan MRT station. It is also easily accessible by car, with major expressways such as PIE and CTE nearby. The upcoming North-South Corridor will further enhance connectivity, reducing travel time from the north into the city when completed in phases from 2027.
The development is surrounded by popular suburban shopping hubs like Junction 8, Thomson Plaza, and Velocity@Novena Square, making it easy for occupants to access retail and dining options. It is also close to reputable schools such as Raffles Institution, Catholic High School, and Eunoia Junior College.
Apart from convenient amenities, CT Pemimpin also boasts green features for a more sustainable future. The building will be equipped with ‘end-of-trip’ facilities like shower rooms, bicycle racks, and storage lockers. Other sustainable features include a sky garden with two rooftop pavilions, rooftop solar panels, EV charging stations, and a recycling corner.
CEO of Huttons Asia, Mark Yip, is impressed by the development’s green features and believes that it is an excellent choice for various industries such as e-commerce, media houses, telecommunications, software development, and more.
Established in 1999, Chiu Teng Group is a reliable property developer and builder with a portfolio of well-received commercial and industrial projects like CT FoodNEX, CT Foodchain, The Creek@Bukit, Tagore8, and CT Hub & Hub 2.
The preview of CT Pemimpin will end on March 5, 2025. To secure a rare freehold industrial space, call 8100 8017 or visit Chiu Teng Group to arrange a viewing.