CT Pemimpin, the newest freehold development by Chiu Teng Group, is set to be a game-changer for property investors and business owners in Singapore. Known for its expertise in developing high-quality commercial and industrial spaces, Chiu Teng Group brings its proven track record to this highly anticipated project.
Strategically located at 43 Jalan Pemimpin in the Central Region, CT Pemimpin is a nine-storey, partial ramp-up factory with 56 strata-titled units and three canteen units. Its prime location and freehold status make it a highly sought-after development in a land-scarce city like Singapore.
One of the standout features of CT Pemimpin is its rare freehold status, which sets it apart from most industrial developments in the market that come with a 30-year or 60-year lease. And unlike residential properties, commercial and industrial properties are not subject to Additional Buyer’s Stamp Duty (ABSD) by the government, making them an attractive option for investors and foreigners eligible to purchase.
According to Kelvin Fong, Deputy CEO of PropNex Realty, the freehold status of CT Pemimpin, combined with its central location, makes it a valuable asset for both investors and end-users.
The development offers a generous one-to-one carpark ratio, with 59 carpark lots, including two electric vehicle lots, three lorry lots for vehicles under 7.5m in length, two handicapped lots, and 34 bicycle lots. It also features two passenger lifts and a service lift, and each unit comes with its own private toilet for the convenience of its occupants.
Ken Low, Managing Partner of SRI, highlights the convenience of the allocated carpark lot for each unit at CT Pemimpin, making it an attractive choice for businesses. The partial ramp-up design also enhances accessibility for everyday operations, facilitating smoother loading and unloading of goods and improving logistics efficiency.
In terms of location, CT Pemimpin is situated in District 20, a highly popular area with buyers and tenants due to its proximity to well-established townships such as Bishan, Upper Thomson, and Ang Mo Kio. Its strategic location offers excellent accessibility and connectivity to all parts of Singapore, with three MRT lines serving the industrial estate, providing great convenience for those using public transport.
Doris Ong, Deputy CEO of ERA, highlights the strategic location of CT Pemimpin in the city’s central region, making it a smart investment choice and a strategic business asset. The upcoming North-South Corridor will further enhance its connectivity, reducing travel time from the north into the city when it is completed in phases from 2027.
CT Pemimpin also offers a good mix of retail and dining options in nearby suburban shopping hubs, such as Junction 8, Thomson Plaza, AMK Hub, and others. Reputable schools such as Raffles Institution, Catholic High School, and Eunoia Junior College are also within close proximity.
For those looking for a more sustainable future, CT Pemimpin offers a range of green features, including an end-of-trip facility with shower rooms, bicycle racks, and storage lockers. Other green features include a sky garden with two rooftop pavilions, rooftop solar panels, EV charging stations, and a recycling corner. Mark Yip, CEO of Huttons Asia, notes that these features make CT Pemimpin an ideal choice for industries such as e-commerce, media, telecommunications, and software development.
Established in 1999, Chiu Teng Group has built a reputation as a reliable developer and builder in the industrial and commercial sectors. Its portfolio includes several well-received projects, such as CT FoodNEX, CT Foodchain, The Creek@Bukit, Tagore8, and CT Hub & Hub 2.
The preview for CT Pemimpin will end on March 5, 2025. To secure your rare freehold industrial space, contact 8100 8017 or visit Chiu Teng Group to arrange a viewing today.